Trading Signals: NTNX Stock Price Prediction and Forecast (Fri. Sep. 30, 2016 - Fri. Dec. 22, 2023)(Nutanix, Inc.)
| NTNX latest price $22.0900 (0.57%) ($20.5800 - $22.0900) on Tue. May. 17, 2022. | |
| | Trend Analysis and Forecast | | | Average Daily Percentage Swing | 3.67% (three month average) | RSI | 38 | Latest Price | $22.0900(0.57%) | Stocks Behave Similarly | Similar Stock List | Daily Trend | NTNX advances 0.9% a day on average for past five trading days. | Weekly Trend | NTNX declines -8% a week on average for past two weeks. | Market Behavior | Broad based rally for large cap. Broad based rally for small cap. | Correlated ETFs | Broad market will support NTNX advance at 0% a week (0% probability) IWF(38%) IBB(37%) QQQ(37%) IVW(36%) SPY(36%) | Factors Impacting NTNX price | NTNX will decline at least -1.835% in a week (0% probabilities). VIXM(-16%) UUP(-3%) VXX(-2%) SHY(-2%) TLT(-0%) | Explanation | The rally is not sustainable and not supported by the broad market. | | | | | Relative Volatility | (options are extremely cheap) | | | Market Trend Strength | -1.835% (StdDev 3.67%) | Hourly BBV | -0.5 () | Intraday Trend | 0% | | | |
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1 - 5 Day Possible Target | $5.38(-75.65%) | Resistance Level | $23.94 | 5 Day Moving Average | $21.47(2.89%) | 10 Day Moving Average | $22.35(-1.16%) | 20 Day Moving Average | $23.94(-7.73%) | To recent high | -22.3% | To recent low | 9% | Market Cap | $4.461b | | | | Nutanix, Inc. engages in the provision of enterprise virtualization and storage solutions. It specializes in cloud operating system that converges traditional silos of server, virtualization, storage, and networking into one integrated solution and unifies private and public cloud into a single software fabric. Its products are offered through the Acropolis and Prism brands. The company was founded by Dheeraj Pandey, Ajeet Singh, and Mohit Aron in 2009 and is headquartered in San Jose, CA. |