Why is NCNO Down Today?

NCNO
$23.12
▼ -2.16% ($-0.50)
Last updated: Sep 07, 2026 1:38 PM ET

About nCino, Inc. Common Stock

Ncino Inc is a provider of cloud-based software for financial institutions. Its software solution digitizes, automates, and streamlines inefficient and complex processes & workflows and utilizes data analytics & artificial intelligence that enables financial institutions to onboard new clients, make...

Sector: SERVICES-PREPACKAGED SOFTWARE
Market Cap: $3.03B
Forward P/E: 28.0
52-Week Range: $13.80 - $31.93
Employees: 1,833

Overall Confidence: 65%

65% Confident

Based on news, social sentiment, options activity, and sector analysis

SECTOR 65% Confidence
🎯 SERVICES-PREPACKAGED SOFTWARE sector moving together
This appears to be a sector-wide move. The SERVICES-PREPACKAGED SOFTWARE sector is down 2.1% on average.

✅ Move Confirmation

LOW VOLUME 0.8x average volume

UNCONFIRMED - Low volume suggests this move may not be sustainable.

📍 Sector Context

SERVICES-PREPACKAGED SOFTWARE sector: -2.1%

This appears to be a sector-wide move. Most SERVICES-PREPACKAGED SOFTWARE stocks are moving in the same direction.

Market Comparison

NCNO is underperforming the market (-1.8% vs SPY)
S&P 500
SPY
-0.39%
Nasdaq 100
QQQ
+0.18%
NCNO
This Stock
-2.16%
vs S&P 500: -1.77%
vs Nasdaq: -2.34%

📊 What Happens Next?

Probability Analysis

45% chance this move continues in the next 1-3 days

Expected Range

Based on historical patterns and options pricing, NCNO is expected to trade between:
$22.43 - $23.58

Key Level to Watch

$21.96 support
Watch for breakdown below $23.12

🔔 Get NCNO Alerts

We'll notify you when NCNO's trend changes or a new signal fires.

Last updated: Sep 07, 2026 1:38 PM (-283 minutes ago)
Data refreshes every 30 minutes during market hours

Options Market Insight

Bullish
Options Sentiment
0.18
Put/Call Ratio
103.7%
Implied Volatility
Call Volume: 11,749
Put Volume: 2,111
Total: 13,860

Historical Context

NCNO has moved more than 3.0% down on 36 occasions in the past year.

58.3%
Continuation Rate
21/36 times continued down
-0.54%
Avg Next Day Change
After similar down moves
Last similar move: Jul 22, 2026 (-3.9%) → Next day: -2.3%

Frequently Asked Questions

Why is NCNO stock down today?

This appears to be a sector-wide move. The SERVICES-PREPACKAGED SOFTWARE sector is down 2.1% on average.

Is NCNO stock a buy or sell right now?

Based on current analysis, NCNO shows 65% confidence in today's move. Volume is low which does not confirm the trend. View full buy/sell analysis →

What is the NCNO stock price target?

NCNO is currently trading at $23.12. Based on today's momentum, the expected short-term range is $22.43 - $23.58. See long-term price prediction →

Will NCNO stock continue falling?

Our analysis shows a 45% probability that NCNO's move continues in the next 1-3 days. Key level to watch: $21.96 (support).

Is NCNO stock oversold or overbought?

NCNO's RSI (Relative Strength Index) is currently at 66.9. This shows bullish momentum - the stock has positive momentum but isn't overextended yet.

What is the momentum for NCNO stock?

NCNO's 10-day momentum indicator is at 2.5. Strong bullish momentum - the stock is gaining significant upward force. This often precedes continued gains.

Is NCNO outperforming or underperforming the market?

NCNO (-2.16%) is currently underperforming the market (-1.8% vs SPY). Today, the S&P 500 (SPY) is down -0.39%, and Nasdaq (QQQ) is up 0.18%.

What does MACD indicate for NCNO?

NCNO's MACD (1.25) is currently above the signal line (1.14), indicating a bullish trend. This technical signal suggests buying pressure is dominant. The trend strength (ADX: 29.6) is strong.

Is NCNO in an uptrend or downtrend?

Based on moving average analysis, NCNO is in a bullish trend. The price ($23.12) is trading above both the 20-day SMA ($21.24) and 50-day SMA ($19.13). This alignment typically indicates sustained upward momentum.

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