NHI Technical Signal Analysis
NHI have 6 buy signals and 3 sell signals now. The current trend is consolidation starting from 2025-03-06. The total price change during this trend is +3.14%. Recently, the price has increased significantly with an increase in volume, indicating a strong bullish signal. The average turnover of NHI over last 5 trading day is $20,425,437.09
6 Bullish Signal
3 Bearish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
29.24
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.45
Bullish
Momentum (10 days)
MOM_10 > 0
3.45
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.21
Bullish
Closing price
close > SMA_200 and close.shift(1) <= prev_SMA_200
74.15
Bullish
Simple Moving Average (5 days)
SMA_5 > SMA_200 and prev_SMA_5 <= prev_SMA_200
73.07
Bullish
Name
Signal
Value
Meaning
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
120.86
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 0.8
68.66
Bearish
Williams %R (14 days)
WILLR_14 > -20
-14.75
Bearish
6 Bullish Signal
Name
Signal
Value
Meaning
Average Directional Index (14 days)
ADX_14 > 25
29.24
Bullish
Awesome Oscillator (5, 34)
AO_5_34 > 0
3.45
Bullish
Momentum (10 days)
MOM_10 > 0
3.45
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
1.21
Bullish
Closing price
close > SMA_200 and close.shift(1) <= prev_SMA_200
74.15
Bullish
Simple Moving Average (5 days)
SMA_5 > SMA_200 and prev_SMA_5 <= prev_SMA_200
73.07
Bullish
NHI Support and Resistance Level
The support levels for NHI are at 70.28, 68.96, and 66.81, while the resistance levels are at 74.58, 75.9, and 78.05. With the current stock price at 74.15, it is leaning more toward the resistance levels.
NHI Technical Analysis
Technical Analysis of NHI Stock
Price and Volume Analysis:
- Current Price: 72.92
- Volume: 249,800 (moderate trading activity)
Technical Indicators:
- RSI: 63.89 (RSI_6), 62.70 (RSI_12), 61.56 (RSI_14) - Indicates the stock is not in overbought territory.
- Stochastic Oscillator: %K (80.20) and %D (84.71) suggest overbought conditions.
- MACD: Positive at 1.09, with a bullish signal line crossover.
- Stochastic RSI: K (71.70) and D (82.89) also indicate overbought conditions.
Moving Averages:
- The stock is above the 20, 60, and 200-day moving averages, indicating a bullish trend.
Fibonacci Levels:
- Pivot Point: 71.67
- Resistance Levels: 73.71, 74.96
- Support Levels: 69.64, 68.39
Price Action:
- The stock is consolidating between 72 and 73.5, with potential for a breakout above 73.5 targeting Fibonacci resistance levels.
Recommendation:
- Sell at the current price of 72.92, considering overbought conditions and approaching resistance levels.
- Alternatively, wait for a pullback to the support level around 71.6 for a potential buy entry.
NHI FAQs
Which bull technical signals does NHI have?
Which bearish technical signals does NHI have?
How reliable is technical analysis?
How can I use moving averages to set entry and exit points for NHI stock?
Is NHI a buy based on overall technical signals summary?
NHI Buy or Sell
NHI has 6 buy signals and 3 sell signals now. Overall the technical rating for NHI is Buy.
Buy
Sell
3
Buy
6
NHI Moving Average
This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a positive trend with the 74.15 above the SMA_5. In the short term, the stock shows a positive trend with the 73.07 above the SMA_20. In the mid term, the stock shows a positive trend with the 70.3 above the SMA_60. In the long term, the stock shows a negative trend with the 69.58 below the SMA_200.
Swing
Positive
Stock Price Above SMA_5
Short Term
Positive
SMA_5 Above SMA_20
Mid Term
Positive
SMA_20 Above SMA_60
Long Term
Negative
SMA_60 Below SMA_200
Free Financial AI Agent for Investment
Ask any investment related question and get answer instantly
What do technical indicators suggest about NHI's current trend?What are NHI's key support and resistance levels?