Technical Eye on Nutanix, Inc. (NASDAQ:NTNX)


Technical Indicators and Signals

The stochastic oscillator indicator is the important indicator to compare the security price over a certain period of time. The stochastic %K of Nutanix, Inc. (NASDAQ:NTNX) for the period of 9-Day stands at 70.79% while the stochastic %D for the same period stands at 66.61%.

The 7-Day Average Directional Index ADX (also known as Trend Strength Indicator) of Nutanix, Inc. (NASDAQ:NTNX) signals “Buy” while other important signals like the 20-Day Moving Average Vs. Price signals “Buy”.

Another important signal of trend and momentum of a security is 20-50 Day MACD Oscillator or Moving Average Convergence Divergence signals “Buy” for Nutanix, Inc. (NASDAQ:NTNX) while 20-100 Day MACD Oscillator indicates “Buy”.

Bollinger band is a volatility indicator of a certain security, currently Nutanix, Inc. (NASDAQ:NTNX)’s 20-Day Bollinger Band indicates “Hold”.

About Company

Nutanix, Inc. provides an enterprise cloud platform which converges silos of server, virtualization and storage into integrated solution and connects to public cloud services. Nutanix, Inc. is based in San Jose, United States.

Previous Day Activity Analysis

On the last trading day, Nutanix, Inc. (NASDAQ:NTNX) opened the session at $28.44 and after going up 0.87% closed at $28.87. The stock gained 0.43 points in the last trade.

Nutanix, Inc. (NASDAQ:NTNX)’s stock fluctuated in the range of $28.42 and $29.43 during the previous active session. Nutanix, Inc. (NASDAQ:NTNX) traded with the volume of 2 Million with average volume of 4.02 Million. The stock has LOW volatility on the last trading session.

Currently the Beta for the company remains at 0 while ATR (Average True Range) and RSI (Relative Strength Index) are at 1.15 and 66.86 respectively.

Currently the Insider Ownership of the shares of Nutanix, Inc. (NASDAQ:NTNX) is at 1.4% and the shares outstanding are 153.6 Million.

Important Ratio Analysis

Some important ratios to consider here for Nutanix, Inc. (NASDAQ:NTNX) are discussed below:

Price to Earnings P/E ratio stands at 0 while Forward P/E shows the value of 0.

The Price to Sale P/S and Price to Book P/B shows the value of 5.78 and 93.13 respectively. While Price to Cash P/C and Price to Free Cash Flow P/FCF stands at 12.7 and 0 correspondingly.

The Quick Ratio of Nutanix, Inc. (NASDAQ:NTNX) stands at 1.6 while the Current Ratio depicts the value of 1.6.

Return on Assets ROA of Nutanix, Inc. (NASDAQ:NTNX) is at -66.3% whereas, Return on Equity ROE and Return of Investment ROI of Nutanix, Inc. (NASDAQ:NTNX) stand at -409.9% and -895.5% respectively.

Stock Performance Analysis

The stock performance of Nutanix, Inc. (NASDAQ:NTNX) on the basis of 5 day trade show the jump of 5.63% whereas, the monthly performance of the stock shows increase of 11.86%.

The quarterly performance of the stock remained in green zone with the value of 30.87% while six month performance of the shares of Nutanix, Inc. (NASDAQ:NTNX) remained bullish with the count of 69.82%.

The yearly and YTD performance of Nutanix, Inc. (NASDAQ:NTNX) remained up at 5.94% and 8.7% respectively.