NUTX in -8.38% downward trend, falling for three consecutive days on January 08, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NUTX declined for three days, in of 216 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where NUTX's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Momentum Indicator moved below the 0 level on January 08, 2025. You may want to consider selling the stock, shorting the stock, or exploring put options on NUTX as a result. In of 96 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 January 08, 2025. 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 .
The Aroon Indicator for NUTX entered a downward trend on January 03, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Bullish Trend Analysis
NUTX moved above its 50-day moving average on December 23, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where NUTX advanced for three days, in of 153 cases, the price rose further within the following month. The odds of a continued upward trend 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% | -0.13% | ||
| SMSI - NUTX | 87% Closely correlated | N/A | ||
| DDI - NUTX | 31% Poorly correlated | -0.66% | ||
| VHC - NUTX | 31% Poorly correlated | +2.20% | ||
| SSNC - NUTX | 27% Poorly correlated | -0.76% | ||
| XBP - NUTX | 27% Poorly correlated | -7.56% | ||
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Groups containing NUTX
Correlation & Price change
| Ticker / NAME | Correlation To NUTX | 1D Price Change % |
|---|---|---|
| NUTX | 100% | -0.13% |
| NUTX (2 stocks) | 98% Closely correlated | -0.07% |
| Health Services (106 stocks) | 16% Poorly correlated | +1.29% |