NISN in +1.52% Uptrend, advancing for three consecutive days on December 23, 2024
Moving higher for three straight days is viewed as a bullish sign. Keep an eye on this stock for future growth. Considering data from situations where NISN advanced for three days, in of 288 cases, the price rose further within the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where NISN's RSI Oscillator exited the oversold zone, of 33 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 15 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.
The Moving Average Convergence Divergence (MACD) for NISN just turned positive on December 20, 2024. Looking at past instances where NISN's MACD turned positive, the stock continued to rise in of 41 cases over the following month. The odds of a continued upward trend are .
NISN may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 02, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NISN as a result. In of 81 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NISN declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Aroon Indicator for NISN entered a downward trend on December 23, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
NISN and Stocks
Correlation & Price change
A.I.dvisor tells us that NISN and FINV have been poorly correlated (+23% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that NISN and FINV's prices will move in lockstep.
| Ticker / NAME | Correlation To NISN | 1D Price Change % | ||
|---|---|---|---|---|
| NISN | 100% | +1.33% | ||
| FINV - NISN | 23% Poorly correlated | +1.33% | ||
| CACC - NISN | 23% Poorly correlated | +0.04% | ||
| CAR - NISN | 23% Poorly correlated | +0.54% | ||
| UWMC - NISN | 22% Poorly correlated | -2.38% | ||
| SLM - NISN | 22% Poorly correlated | -1.15% | ||
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Groups containing NISN
Correlation & Price change
| Ticker / NAME | Correlation To NISN | 1D Price Change % |
|---|---|---|
| NISN | 100% | +1.33% |
| Commercial Services category (341 stocks) | 16% Poorly correlated | +5.73% |