Technical Analysis for NEC - Nine Entertainment Co Holdings Ltd

Grade Last Price % Change Price Change
grade D 1.72 -3.91% -0.070
NEC closed down 3.91 percent on Friday, August 16, 2019, on 1.26 times normal volume. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Earnings due: Aug 22

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical NEC trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
Below Lower BB Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Reached Oversold Weakness -3.91%
Gapped Down Weakness -3.91%
Oversold Stochastic Weakness -3.91%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -9.23%
Shooting Star Candlestick Bearish -7.77%

Older signals for NEC ...

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Profile
Nine Entertainment Co. Holdings Limited is an Australia-based company, which is engaged in television broadcasting and program production, and digital, Internet, subscription television and other media sectors. The Company operates in two segments: Television, which includes free to air television activities, and Digital, which includes Nine Digital Pty Limited and other digital activities. Its brands include Nine Network Television, Nine Digital and Other Businesses. Its Nine Network Television includes Channel 9 and 9HD. Channel 9's content includes a combination of international and locally produced programs with stars, events, dramas, reality and entertainment shows. Its Nine.com.au is an online source of news, sport, entertainment and lifestyle content. It also sell Microsoft's suite of advertising products across Australia and New Zealand. Its Other Businesses include CarAdvice, Literacy Planet, Pedestrain.tv and RateCity.
Television Media Sectors Nine Network
Is NEC a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 2.565
52 Week Low 1.305
Average Volume 7,384,669
200-Day Moving Average 1.7347
50-Day Moving Average 1.9506
20-Day Moving Average 1.918
10-Day Moving Average 1.854
Average True Range 0.0593
ADX 19.24
+DI 16.3145
-DI 41.565
Chandelier Exit (Long, 3 ATRs ) 1.9121
Chandelier Exit (Short, 3 ATRs ) 1.8829
Upper Bollinger Band 2.0867
Lower Bollinger Band 1.7493
Percent B (%b) -0.09
BandWidth 17.591241
MACD Line -0.0414
MACD Signal Line -0.0217
MACD Histogram -0.0197
Fundamentals Value
Market Cap 1.5 Billion
Num Shares 870 Million
EPS -0.23
Price-to-Earnings (P/E) Ratio -7.35
Price-to-Sales 1.04
Price-to-Book 1.33
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.855
Resistance 3 (R3) 1.865 1.830 1.833
Resistance 2 (R2) 1.830 1.796 1.825 1.825
Resistance 1 (R1) 1.775 1.774 1.758 1.765 1.817
Pivot Point 1.740 1.740 1.731 1.735 1.740
Support 1 (S1) 1.685 1.706 1.668 1.675 1.623
Support 2 (S2) 1.650 1.684 1.645 1.615
Support 3 (S3) 1.595 1.650 1.608
Support 4 (S4) 1.585