Nutanix (NTNX) is a cloud computing company that sells software and various cloud services. The name is new to me. Let's check out the charts and indicators.
In this daily bar chart NTNX, below, I can see that prices are making a strong move up off the rising 200-day moving average line. Prices are also above the rising 50-day line.
The On-Balance-Volume (OBV) line is neutral but did not make a new low in April when prices made a new low for the move down. The Moving Average Convergence Divergence (MACD) oscillator has crossed the zero line for an outright buy signal.