NUTX's RSI Indicator peaks and leaves overbought zone
The 10-day RSI Indicator for NUTX moved out of overbought territory on December 05, 2024. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 26 instances where the indicator moved out of the overbought zone. In of the 26 cases the stock moved lower in the days that followed. This puts the odds of a move down at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Momentum Indicator moved below the 0 level on December 11, 2024. You may want to consider selling the stock, shorting the stock, or exploring put options on NUTX as a result. In of 95 cases where the Momentum Indicator fell below 0, the stock fell further within the subsequent month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NUTX turned negative on December 10, 2024. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 46 similar instances when the indicator turned negative. In of the 46 cases the stock turned lower in the days that followed. This puts the odds of success at .
Following a 3-day decline, the stock is projected to fall further. Considering past instances where NUTX declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
NUTX broke above its upper Bollinger Band on November 12, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 3 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.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NUTX advanced for three days, in of 146 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 117 cases where NUTX Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
NUTX and Stocks
Correlation & Price change
A.I.dvisor indicates that over the last year, NUTX has been closely correlated with SMSI. These tickers have moved in lockstep 87% of the time. This A.I.-generated data suggests there is a high statistical probability that if NUTX jumps, then SMSI could also see price increases.
| Ticker / NAME | Correlation To NUTX | 1D Price Change % | ||
|---|---|---|---|---|
| NUTX | 100% | -5.69% | ||
| SMSI - NUTX | 87% Closely correlated | +13.95% | ||
| DDI - NUTX | 31% Poorly correlated | -2.71% | ||
| VHC - NUTX | 31% Poorly correlated | -1.47% | ||
| SSNC - NUTX | 27% Poorly correlated | -0.50% | ||
| XBP - NUTX | 27% Poorly correlated | -2.80% | ||
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Groups containing NUTX
Correlation & Price change
| Ticker / NAME | Correlation To NUTX | 1D Price Change % |
|---|---|---|
| NUTX | 100% | -5.69% |
| NUTX (2 stocks) | 98% Closely correlated | -4.71% |
| Health Services (102 stocks) | 18% Poorly correlated | -1.58% |