NI technical analysis

NI Technical Analysis

Analysis date

August 4, 2026

Market

NYSE (USD)

Daily cutoff

August 3, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

NI Data Verification

Checking the latest completed daily bar for date and closing-price consistency before indicators are calculated.

Symbol
NI
Market
NYSE
Currency
USD (US Dollar)
Latest completed bar
August 3, 2026

Historical prices are adjusted for corporate actions when applicable. Date and closing-price consistency checks passed for the latest completed daily bar.

Validation seriesLatest CloseDateDifferenceStatus
Calculation series44.53August 3, 2026-Verified
Verification series44.53August 3, 20260.00%Verified

Bottom line

NI Technical Analysis Summary

NI is in a short-term downtrend with price at 44.53 below the daily SMA20 (45.76), SMA50 (46.34), and marginally below the SMA200 (44.62). Daily RSI14 at 38.94 has weakened toward oversold without reaching it, and the daily MACD histogram is negative. The weekly chart still holds above its SMA50 (44.09) and far above the SMA200 (32.63), so the longer-term uptrend that produced a 7.71% one-year return on the daily series and a 115.10% five-year return on the weekly series remains intact but is under pressure. The stock trades near the middle of its 52-week range (37.45 to 48.88) at about a 62% position. A close back above the daily SMA20 at 45.76 would be the first sign of stabilization, and a sustained break above 48.88 would be bullish. A daily close below 44.03 (the 20 and 60 period low) would signal a deeper correction toward the lower end of the range.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

Comparing daily (2-year) and weekly (5-year) perspectives to identify aligned or conflicting signals.

Daily (August 3, 2026)

Trend
Mixed to bearish. Price at 44.53 is below the SMA20 (45.76), the SMA50 (46.34), and just below the SMA200 (44.62). The SMA20 has rolled over and the SMA50 is sloping lower, confirming short-term selling pressure, while the SMA200 has flattened near 44.62, leaving longer-term support close to the current price.
Momentum
Bearish. RSI14 at 38.94 is below the neutral 50 level and approaching oversold, showing weakening momentum. MACD at -0.53 sits below its signal at -0.38 with a negative histogram of -0.15, confirming the downtrend is still in force.
Volatility
Moderate. ATR14 at 0.89 (2.01% of price) is in line with recent daily ranges. Bollinger Bands run from 44.14 to 47.38, and price is trading near the lower band, consistent with the current weakness.
Volume
Slightly above average. Latest daily volume of 4,953,700 is about 110% of the 20-period average (4,487,810), showing elevated participation during the decline.

Assessment

The daily chart favors the bears in the near term. Price is below all three major moving averages, RSI is below 50, and the MACD histogram is negative. The first meaningful support is the 20 and 60 period low at 44.03. A rebound back above 45.76 (daily SMA20) would relieve the downward pressure.

Weekly (July 27, 2026 week)

Trend
Mixed with a longer-term bullish bias. Price at 44.43 is below the weekly SMA20 (46.61) but above the SMA50 (44.09) and well above the SMA200 (32.63). The pullback is taking place within a structure where the longer-term moving averages remain firmly higher.
Momentum
Neutral to bearish. RSI14 at 44.91 is in neutral territory. MACD at 0.54 is below its signal at 0.95 with a negative histogram of -0.42, so momentum has cooled, but the MACD line is still positive in absolute terms.
Volatility
Moderate. ATR14 at 1.92 (4.32% of price) reflects wider weekly swings. Bollinger Bands run from 44.46 to 48.77, and price sits just below the lower band, placing the pullback at the lower edge of the recent weekly range.
Volume
Near average. Weekly volume of 21,036,400 is about 100% of the 20-week average (20,950,190), so the pullback has not triggered unusual volume.

Assessment

The weekly timeframe shows a corrective pullback within a longer-term uptrend. Price remains above the weekly SMA50 and SMA200, and the five-year return of 115.10% highlights the longer-term advance. As long as price holds above the weekly SMA50 near 44.09, the correction is best viewed as consolidation within an uptrend rather than a reversal.

Key indicators

NI Key Technical Indicators

RSI, MACD, moving averages, ATR, and Bollinger Bands across daily and weekly timeframes.

IndicatorDailyWeekly
RSI (14)38.9444.91
MACD (12, 26, 9)-0.53 / -0.38 / -0.150.54 / 0.95 / -0.42
ATR (14)0.89 (2.01%)1.92 (4.32%)
Bollinger Bands (20, 2)44.14 - 47.3844.46 - 48.77
SMA (20)45.7646.61
SMA (50)46.3444.09
SMA (200)44.6232.63

Price structure

NI Price Structure and Returns

Price performance across multiple lookback periods and 52-week position.

MetricDailyWeekly
Current Price44.5344.43
1-Period Return+0.23%-4.18%
5-Period Return-2.14%-8.87%
20-Period Return-4.72%-5.03%
60-Period Return-5.64%+16.91%
252-Period Return+7.71%+115.10%
52-Week Low37.4537.45
52-Week High48.8848.88
52-Week Position61.94%61.06%

Key levels

NI Support and Resistance Levels

Key price levels based on recent swing highs and lows across daily and weekly timeframes.

LevelDailyWeekly
20-Period High47.7448.88
20-Period Low44.0344.10
60-Period High48.8848.88
60-Period Low44.0337.33

Scenarios

NI Technical Scenarios

Conditions, invalidation triggers, and what to watch for each scenario.

Bullish

Trigger

Price reclaims the daily SMA20 (45.76) and SMA50 (46.34) on above-average volume, then pushes through the 60-period high at 48.88.

Invalidation

Price fails to hold the 20 and 60 period low at 44.03 and prints a lower low, breaking below the daily SMA200 zone near 44.62.

What to watch

A daily close above 45.76 (SMA20) would be the first sign of recovery. Watch for RSI14 recovering through 50 and the MACD histogram turning less negative.

Range-Bound

Trigger

Price oscillates between support near 44.03 (20 and 60 period low) and resistance near 45.76 to 46.34 (daily SMA20 and SMA50).

Invalidation

A decisive break above 48.88 or a breakdown below 44.03 on strong volume.

What to watch

Declining volume during the pullback would support consolidation. RSI oscillating between 35 and 55 would be consistent with a range.

Bearish

Trigger

Price closes below 44.03 (20 and 60 period low) and breaks the daily SMA200 near 44.62, opening the path toward the lower part of the 52-week range.

Invalidation

Price holds above 44.03 and reclaims the daily SMA20 at 45.76.

What to watch

A daily MACD histogram extending further negative and rising volume on down days would confirm distribution. On the weekly chart, a close below the SMA50 near 44.09 would weaken the longer-term case.

Methodology

Methodology and Limitations

This technical analysis is calculated locally from adjusted OHLCV history. The daily series ends August 3, 2026, and the weekly series ends July 27, 2026 week. The latest completed daily bar is independently checked for date and closing-price consistency. Historical prices are adjusted for corporate actions when applicable. Indicators include Wilder RSI(14), MACD(12,26,9), SMA20/50/200, Wilder ATR(14), Bollinger Bands(20,2), relative volume, multi-period returns, and price-range levels. Support and resistance are descriptive zones, not guaranteed reversal points. Historical patterns do not predict future prices, and this page is not investment advice.

Frequently Asked Questions

This technical analysis is for informational and educational purposes only. It does not constitute investment advice, a recommendation, or a solicitation to buy or sell any security. Past performance and historical patterns are not guarantees of future results. All investments carry risk, including the potential loss of principal. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.

Market data is checked for date and closing-price consistency before indicators are calculated. Data cutoffs: daily August 3, 2026, weekly July 27, 2026 week. Generated August 4, 2026.