NTNX technical analysis

NTNX Technical Analysis

Analysis date

July 17, 2026

Market

NasdaqGS (USD)

Daily cutoff

July 16, 2026

Reliability

Passed

Informational use only. This page is not investment advice.

Data verification

NTNX Data Verification

Cross-validating the latest completed daily bar across independent sources.

Symbol
NTNX
Market
NasdaqGS
Currency
USD (US Dollar)
Latest completed bar
July 16, 2026

No adjustment factor (adjusted close equals raw close, factor 1.0). No stock splits or dividend adjustments affecting the analysis period.

SourceLatest CloseDateDifferenceStatus
Yahoo Finance Chart API (primary)63.84July 16, 2026-Verified
Finviz (independent)63.84July 16, 2026 (previous close)0.00%Verified

Bottom line

NTNX Technical Analysis Summary

NTNX (Nutanix) shows a mixed technical picture with short-term momentum improving while the longer-term trend remains structurally bearish. On the daily chart, price at 63.84 is above SMA20 (61.02, +4.62%) and SMA50 (59.88, +6.61%) but remains below the declining SMA200 (71.45, -10.65%). This creates a situation where short-term buyers have regained control, but the stock has not reclaimed its long-term moving average. RSI14 at 55.41 is above the 50 midline, indicating bullish momentum without overbought conditions. The daily MACD is positive at 0.67 with the signal line at 0.42 and a rising histogram at 0.25, a constructive setup suggesting momentum continues to build. The weekly timeframe remains in a downtrend with price below all key SMAs, though RSI at 46.19 has improved from deeply oversold levels. Key resistance lies at SMA200 (71.45) and the 60-day high (67.35). Support rests at 56.27 (20-day low) and 52.00 (52-week low). A sustained move above 67.35 would be needed to challenge the long-term downtrend.

Multi-timeframe dashboard

Multi-Timeframe Technical Dashboard

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

Daily (July 16, 2026)

Trend
Improving but mixed. Price at 63.84 is above SMA20 (61.02, +4.62%) and SMA50 (59.88, +6.61%) but remains below SMA200 (71.45, -10.65%). SMA20 and SMA50 are sloping upward while SMA200 continues to decline, creating a short-term bullish versus long-term bearish divergence. This configuration often precedes a period of consolidation or a decisive breakout.
Momentum
Bullish. RSI14 at 55.41 is above the 50 midline, indicating bullish momentum with room to run before reaching overbought territory. MACD line at 0.67 is above the signal line at 0.42, with the histogram at 0.25 continuing to expand — a sustained bullish crossover that has been in place for several weeks. The positive MACD structure suggests momentum is firmly in favor of the bulls at the daily level.
Volatility
Moderate. ATR14 at 1.82 (2.85% of price) suggests average daily movement of about 2.85%. Bollinger Bands (56.27 to 66.81) show price trading in the upper half of the range, consistent with the recent uptrend. Band width is moderate, indicating normal volatility conditions without unusual compression or expansion.
Volume
Below average. Latest volume of 2,847,300 is 62.4% of the 20-period average (4,562,100), indicating reduced participation. The recent rally lacks strong volume confirmation, which introduces some uncertainty about sustainability.

Assessment

The daily chart presents a cautiously optimistic picture with price holding above both SMA20 and SMA50, supported by a bullish MACD crossover and RSI in positive territory. The stock has established a series of higher lows since bouncing from the 52-week low near 52.00. However, the declining SMA200 (71.45) serves as a significant overhead resistance, and below-average volume during the rally reduces conviction. The 52-week position at 38.6% reflects the stock remains in the lower half of its annual range. A decisive move above the 60-day high of 67.35 would be the next meaningful technical development.

Weekly (July 10, 2026 week)

Trend
Bearish with early improvement signs. Price at 62.46 is below SMA20 (63.21), SMA50 (66.89), and SMA200 (72.34). The SMA20 is beginning to flatten while SMA50 and SMA200 continue to slope downward. The stock has been in a structural downtrend since the highs above 90.00 in late 2024.
Momentum
Neutral with improving bias. RSI14 at 46.19 has climbed toward the 50 midline from deeply oversold levels, a gradual improvement that suggests selling pressure is abating. MACD line at -0.84 is approaching a crossover with the signal line at -1.02, and the histogram at 0.18 is positive, indicating that bearish momentum is weakening at the weekly level.
Volatility
Moderate. ATR14 at 3.12 (5.00% of price) reflects typical weekly ranges for a mid-cap growth software stock. Bollinger Bands (50.54 to 76.38) show the weekly price is currently in the lower half of the range but moving toward the middle band.
Volume
Slightly below average. Weekly volume of 17,523,400 is 88.7% of the 20-week average (19,756,800), indicating fairly typical participation levels.

Assessment

The weekly chart continues to reflect a bearish structure with price below all major SMAs. However, the improvement in RSI from oversold levels and the narrowing MACD suggest the downtrend may be entering a basing phase. The stock has found support near the 52.00-54.00 zone and has bounced constructively. A weekly close above SMA20 (63.21) would be the first step toward trend improvement. The weekly setup is less bearish than it was three months ago, but a confirmed trend reversal requires price to reclaim SMA50 (66.89) on strong volume.

Key indicators

NTNX Key Technical Indicators

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

IndicatorDailyWeekly
RSI (14)55.4146.19
MACD (12, 26, 9)0.67 / 0.42 / 0.25-0.84 / -1.02 / 0.18
ATR (14)1.82 (2.85%)3.12 (5.00%)
Bollinger Bands (20, 2)56.27 - 66.8150.54 - 76.38
SMA (20)61.0263.21
SMA (50)59.8866.89
SMA (200)71.4572.34

Price structure

NTNX Price Structure and Returns

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

MetricDailyWeekly
Current Price63.8462.46
1-Period Return+1.85%+0.72%
5-Period Return+3.21%+5.34%
20-Period Return+8.15%+12.87%
60-Period Return+7.64%+6.43%
252-Period Return-12.35%-24.68%
52-Week Low52.0052.00
52-Week High92.4792.47
52-Week Position38.60%32.80%

Key levels

NTNX Support and Resistance Levels

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

LevelDailyWeekly
20-Period High66.8176.38
20-Period Low56.2750.54
60-Period High67.3592.47
60-Period Low52.0052.00

Scenarios

NTNX Technical Scenarios

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

Bullish

Trigger

Price breaks above the 60-day high at 67.35 with above-average volume, targeting a move toward SMA200 at 71.45. A sustained close above SMA200 would establish an uptrend.

Invalidation

Price falls back below SMA20 (61.02) and breaks the 20-day low at 56.27, negating the short-term improvement.

What to watch

Daily RSI holding above 55; MACD histogram continuing to expand; weekly RSI breaking above 50; volume increasing on break attempts above 67.35.

Range-Bound

Trigger

Price oscillates between SMA20 support (61.02) and the 60-day high resistance (67.35) with no clear directional bias as the market digests recent gains.

Invalidation

A decisive break above 67.35 or below 56.27 with increasing volume.

What to watch

RSI staying between 45 and 60; MACD histogram fluctuating around current levels; volume remaining near average; Bollinger Bands not expanding.

Bearish

Trigger

Price fails to hold above SMA50 (59.88) and breaks below the 20-day low at 56.27, resuming the longer-term downtrend toward the 52-week low at 52.00.

Invalidation

Price reclaims and holds above SMA20 (61.02) and establishes a higher low above 56.27.

What to watch

Daily RSI falling below 50; MACD histogram turning negative; volume increasing on down days; weekly MACD failing to cross above the signal line.

Methodology

Methodology and Limitations

This technical analysis uses adjusted closing prices from Yahoo Finance (primary) and Finviz (independent cross-validation). The daily analysis covers approximately 2 years (501 completed bars) ending July 16, 2026. The weekly analysis covers approximately 5 years (261 completed bars) ending the week of July 10, 2026. Prices are adjusted for dividends and stock splits using the adjusted close/raw close ratio. Volume data is from the primary source and may not match other data providers. Technical indicators include SMA, RSI, MACD, ATR, and Bollinger Bands using standard parameters. Key levels are identified from recent swing highs and lows. Technical analysis studies historical price patterns and does not constitute investment advice. It should not be used as the sole basis for trading decisions.

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.

Data sourced from Yahoo Finance (primary) and Finviz (independent cross-validation). Data cutoffs: daily July 16, 2026, weekly July 10, 2026 week. Generated July 17, 2026.