NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) Technical Analysis
TSX:NA-PR-W • CA6330672859
Current stock price
NA-PR-W.CA Technical Rating and Analysis
Overall NA-PR-W gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NA-PR-W has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NA-PR-W is one of the better performing stocks in the market, outperforming 77% of all stocks. We also observe that the gains produced by NA-PR-W over the past year are nicely spread over this period.
- NA-PR-W is part of the Banks industry. There are 24 other stocks in this industry. NA-PR-W outperforms 91% of them.
- NA-PR-W is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NA-PR-W has a been trading in a tight range between 24.92 and 25.00.
- Considerably lower volume is observed in the last couple of days.
NA-PR-W.CA Weekly and Daily overview Charts
NA-PR-W.CA Setup Rating and Analysis
Although NA-PR-W has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NA-PR-W.CA Support and Resistance Analysis
21.78
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.64 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @23.52 from a trend line in the daily time frame.
- A support zone ranging from 22.65 to 22.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @22.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 25.12 to 25.35. This zone is formed by a combination of multiple trend lines in multiple time frames.
NA-PR-W.CA Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NA-PR-W.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NA-PR-W.CA is up. |
| ChartMill Relative Strength | 77.5 | POSITIVE | NA-PR-W.CA has a high relative strength, it outperformed 77.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NA-PR-W.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NA-PR-W.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NA-PR-W.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 65.21 | NEUTRAL | The RSI value for NA-PR-W.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NA-PR-W.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests NA-PR-W.CA may be overbought. |
| Average True Range in percent/ATR (20) | 0.05 | LOW VOLATILITY | The low ATR as a percentage value for NA-PR-W.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 51.92 | POSITIVE | The high ADX value value for NA-PR-W.CA suggests a strong trend. |
NA-PR-W.CA Chart- and CandleStick Pattern Analysis
NA-PR-W.CA Example Setup
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 |
|---|---|---|---|
| 25.01 | 24.95 | 0.06 (0.24%) | 25.00% |
| An entry @25.01. This is a Buy Stop order right above the 10 day high. | An exit @24.95. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.06 points, which is 0.24%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.06%. |
- 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.
NA-PR-W.CA Technicals: Chart, Performance Metrics, Trend & Indicators
NATIONAL BANK OF CANADA - NACN 3.839 PERP
TSX:NA-PR-W (2/14/2025, 7:00:00 PM)
25
0 (0%)
NATIONAL BANK OF CANADA - NACN 3.839 PERP / NA-PR-W.CA TA FAQ
What is the ChartMill technical rating of NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) stock?
ChartMill assigns a technical rating of 9 / 10 to NA-PR-W.CA.
Can you provide the trend direction for NATIONAL BANK OF CANADA - NACN 3.839 PERP?
The current trend direction for NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) is Bullish.
Can you provide the RSI signal for NATIONAL BANK OF CANADA - NACN 3.839 PERP?
NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) has an RSI value of 65.2131. This indicates that the stock is currently neutral.
What is the MACD signal for NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) stock?
The MACD indicator for NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) has a value of -0.0172804, indicating a bearish trend.
What is the buy/sell signal for NA-PR-W stock?
The buy/sell signal for NATIONAL BANK OF CANADA - NACN 3.839 PERP (NA-PR-W.CA) is buy as both the short term and long term trends are positive.