NORTH ATLANTIC DRILLING LTD (NADL) Technical Analysis
NYSE:NADL • BMG6613P1297
Current stock price
NADL Technical Rating and Analysis
Taking everything into account, NADL scores 0 out of 10 in our technical rating. NADL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than NADL.
- NADL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NADL has a been trading in the 1.05 - 1.70 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
NADL Weekly and Daily overview Charts
NADL Setup Rating and Analysis
The technical rating of NADL is bad and it also does not present a quality setup 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
NADL Support and Resistance Analysis
1.11
3 important resistance areas can be observed.
- A resistance zone ranging from 1.42 to 1.42. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 1.49 to 1.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.73 from a trend line in the weekly time frame.
NADL 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 | DOWN | NEGATIVE | The long term trend for NADL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NADL is down. |
| ChartMill Relative Strength | 4.43 | NEGATIVE | NADL has a low relative strength, it was outperformed by 95.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NADL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NADL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NADL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.51 | NEUTRAL | The RSI value for NADL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NADL has a negative trend. |
| Stochastics (14,3) | 17.95 | OVERSOLD | The low Stochastics value suggests NADL may be oversold. |
| Average True Range in percent/ATR (20) | 14.29 | HIGH VOLATILITY | The high ATR as a percentage value for NADL suggests high volalility. |
NADL Chart- and CandleStick Pattern Analysis
NADL Technicals: Chart, Performance Metrics, Trend & Indicators
1.12
-0.06 (-5.08%)
NORTH ATLANTIC DRILLING LTD / NADL TA FAQ
What is the technical rating for NADL stock?
ChartMill assigns a technical rating of 0 / 10 to NADL.
What is the trend direction for NADL stock?
The current trend direction for NORTH ATLANTIC DRILLING LTD (NADL) is Bearish.
What is the RSI signal for NORTH ATLANTIC DRILLING LTD (NADL) stock?
NORTH ATLANTIC DRILLING LTD (NADL) has an RSI value of 36.5122. This indicates that the stock is currently neutral.
What is the MACD signal for NADL stock?
The MACD indicator for NORTH ATLANTIC DRILLING LTD (NADL) has a value of -0.0115616, indicating a bearish trend.
What is the support and resistance level for NADL stock?
NORTH ATLANTIC DRILLING LTD (NADL) has a resistance level at 1.42. Check the full technical report for our detailed analysis of NADL support and resistance levels.