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$NR21 (Nr21) Price Analysis
Buy, Hold or Sell?

Let's analyze Nr21 together

Penke

I guess you are interested in Nr21. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Nr21’s Price Targets

I'm going to help you getting a better view of Nr21. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of Nr21
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nr21. The general trend of Nr21 is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nr21's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Nr21 Price Targets

1.1 sr

Score

Let's take a look at the sr of Nr21.

  • The price is trading between support and resistance lines.
Nr21 Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Nr21.

  • The SHORT shows a strengthening upward trend.
  • Price action is supported by the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows a strengthening upward trend.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows a strengthening upward trend.
  • Price action is supported by the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Nr21 Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Nr21.

  • Momentum is leaning bullish. Buying pressure currently dominates selling pressure, suggesting growing optimism and increased willingness to accumulate Nr21.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Nr21.
  • Momentum is improving. Bullish pressure is strengthening as confidence builds and market participants position for potential continuation.
Nr21 Daily Moving Average Convergence/Divergence (MACD) ChartNr21 Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Nr21.

  • Directional bias favors buyers. Buying pressure currently dominates selling pressure, reflecting constructive sentiment and growing confidence among market participants.
  • A strong bullish trend is in place and gaining strength, indicating increasing directional conviction and sustained buying interest.
Nr21 Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Nr21.

  • Price action is supported by the prevailing trend structure, which is commonly interpreted as a bullish market signal.
Nr21 Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Nr21. The current phase is Overbought in bull market.

  • Short-term excessive buying, potential for pullback. Consider taking profits, be cautious of potential correction.
Nr21 Daily Relative Strength Index (RSI) ChartNr21 Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Nr21. The current phase is Overbought in bull market.

  • Momentum favors buyers, indicating constructive short-term market participation.
  • Momentum is stretched to the upside, suggesting the market may be overheated and vulnerable to a pause or pullback.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for Nr21.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Nr21 Daily Stochastic Oscillator ChartNr21 Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Nr21.

  • Price action appears stretched to the upside, suggesting momentum may be overheated and vulnerable to a pause or pullback.
Nr21 Daily Commodity Channel Index (CCI) ChartNr21 Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Nr21.

  • Momentum is leaning positive, indicating constructive market conditions and increasing upside participation.
Nr21 Daily Chande Momentum Oscillator (CMO) ChartNr21 Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Nr21.

  • Upward momentum appears stretched, suggesting buying pressure may be excessive and a pause or pullback could occur.
Nr21 Daily Williams %R ChartNr21 Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Nr21.

Nr21 Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Nr21.

Nr21 Daily Average True Range (ATR) ChartNr21 Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Nr21.

Nr21 Daily On-Balance Volume (OBV) ChartNr21 Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Nr21.

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
  • Buying pressure appears excessive, suggesting the market may be overheated and vulnerable to a pause or pullback.
Nr21 Daily Money Flow Index (MFI) ChartNr21 Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Nr21.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Nr21 Daily Candlestick Chart
DateCandlestick Pattern
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