Last week, NUAN had a weekly high-to-low of just a bit under 6%. The high for last week was $24.13 and the low was $22.76 with a close of $24.07.
This week, the numbers were $24.66 for the high, $23.60 for the low and a close of $23.89. So although we had a lower close from last week, we did have a significantly higher high. A high-to-low of 4.3. The weekly trading swing is getting smaller. At some point NUAN will move.
The R/S grew by four to a very bullish "76" from last weeks "72". So, NUAN has grown stronger in the week passed, but you could scarcely tell by the numbers---like watching seeds grow.
The overall strength of the industry group in which NUAN is in slowed down this week, but NUAN moved up in strength. Volume dried up ever so slightly from 17.6 million to 16.6 for the weekly total.
NUAN will break [at some point] from this quiet time and make a bold move. All indicators are pointing that this move has the potential, but not the certainty of being UP. Trying to guess a stock's move OR that of the general market [which influences the direction of 4 out of 5 stocks] is not a game I am any good at [nor anyone I've ever heard of] with any degree of continuity(!)
Relying on R/S, price and volume and which way they go has been my "North Star"; they have served me well for a long, long time. Until something else proves more accurate, I'm content with what I am seeing...for now.