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Is NNI ready to move lower? Fell Below 50 Day Moving Average shows up after dropping 1.19%

Nelnet, Inc. (NNI) — Nightly Technical Analysis · Sep 12, 2025, 17:37 ET
NNI posted a 1.19% loss on Friday, September 12th, accompanied by 0.5× normal trading volume. Multiple bearish signals emerged — Fell Below 50 DMA, Lower Bollinger Band Walk & MACD Bearish Centerline Cross — suggesting potential weakness ahead. Key support levels exist at 122.32, 121.36 & 120.1, with resistance at 124.54, 125.8 & 126.76. Slow Stochastic readings suggest the stock is currently oversold.

Current SwingTradeBot Technical Rating of NNI: D

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Nelnet, Inc. (NNI)