NORTHROP GRUMMAN CORP (NOC)
US6668071029 - Common Stock
Taking everything into account, NOC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NOC is only an average performer.
In the last month NOC has a been trading in the 462.07 - 490.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When compared to the yearly performance of all other stocks, NOC outperforms 48% of them, which is more or less in line with the market.
NOC is an average performer in the Aerospace & Defense industry, it outperforms 42% of 65 stocks in the same industry.
NOC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOC is lagging the market.
Although the technical rating is only medium, NOC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 467.30, a Stop Loss order could be placed below this zone.
More info and screens
415.86
495.68
When analyzing the support we can see 4 important areas.
- A support zone ranging from 460.48 to 467.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 446.17 to 450.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @437.73 from a horizontal line in the daily time frame.
- A support zone ranging from 420.06 to 423.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 472.37 to 480.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 490.15 to 490.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.96
Mansfield-0.97
10 Day High480.73
10 Day Low466.33
20 Day High490.6
20 Day Low462.07
52 Week High496.89
52 Week Low414.56
Performance
1 Week-0.96%
2 Weeks0.24%
1 Month1.65%
3 Month4.27%
6 Month1.3%
12 Month6.07%
2 Year0.48%
3 Year28.52%
5 Year55.06%
10 Year286.85%
15 Year887.44%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-1.11
RSI(14)49.12
LBB463.76
UBB484.7
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 472.38 | 466.32 | 6.07 (1.28%) | 25.00% |
| An entry @472.38. This is a Buy Stop order right above the 10 day moving average. | An exit @466.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 6.07 points, which is 1.28%. | For a 0.32% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NOC. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NORTHROP GRUMMAN CORP
NYSE:NOC (5/17/2024, 7:16:23 PM)
After market: 470.22 0 (0%)470.22
-0.47 (-0.1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAerospace & Defense
Performance
% Chg-0.1%
1 Week-0.96%
2 Weeks0.24%
1 Month1.65%
3 Month4.27%
6 Month1.3%
12 Month6.07%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.18
ATR(20)%1.61%
ATR Inc
Range Today3.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High480.73
10 Day Low466.33
20 Day High490.6
20 Day Low462.07
52 Week High496.89
52 Week Low414.56
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume966.70K
Volume Incr-35.17%
Vol(5)700.84K
Vol(50)942.91K