NUTANIX INC - A (NTNX)
US67059N1081 - Common Stock
We assign a technical rating of 6 out of 10 to NTNX. In the last year, NTNX was one of the better performers, but we do observe some doubts in the very recent evolution.
NTNX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Looking at the yearly performance, NTNX did better than 83% of all other stocks. On top of that, NTNX also shows a nice and consistent pattern of rising prices.
NTNX has an average volume of 2682180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
NTNX is part of the Software industry. There are 280 other stocks in this industry, NTNX did better than 59% of them.
NTNX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NTNX is lagging the market.
NTNX has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 63.66, a Stop Loss order could be placed below this zone.
More info and screens
54.20
74.10
3 important support areas can be observed.
- A support zone ranging from 63.32 to 63.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @60.70 from a horizontal line in the daily time frame.
- Support @54.75 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 64.24 to 66.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 72.85 to 73.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.01
Mansfield-0.46
10 Day High70.2
10 Day Low63
20 Day High74.1
20 Day Low63
52 Week High75.8
52 Week Low43.35
Performance
1 Week0.54%
2 Weeks-1.71%
1 Month-12%
3 Month6.81%
6 Month12%
12 Month33.51%
2 Year144.42%
3 Year99.84%
5 Year103.68%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.33
RSI(14)42.55
LBB62.3
UBB68.31
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 66.40 | 63.31 | 3.09 (4.65%) | 21.49% |
| An entry @66.40. This is a Buy Stop order right above the resistance zone. | An exit @63.31. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 3.09 points, which is 4.65%. | For a 1.00% total portfolio risk, you can invest 21.49% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NTNX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NUTANIX INC - A
NASDAQ:NTNX (12/26/2024, 7:36:59 PM)
After market: 63.6 -0.07 (-0.11%)63.67
-0.78 (-1.21%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.21%
1 Week0.54%
2 Weeks-1.71%
1 Month-12%
3 Month6.81%
6 Month12%
12 Month33.51%
2 Year144.42%
3 Year99.84%
5 Year103.68%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.39
ATR(20)%4.22%
ATR Inc-67.16%
Range Today1.02
ADR(20)2.65
ADR(20)%4.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.01
Mansfield-0.46
10 Day High70.2
10 Day Low63
20 Day High74.1
20 Day Low63
52 Week High75.8
52 Week Low43.35
CS1 End63.66
CR1 Start64.24
Volume & EV
DER(3)-1.87%
DER(5)-1.15%
Volume963.07K
Volume Incr-53.91%
Vol(5)1.93M
Vol(50)2.68M