NORTHERN DYNASTY MINERALS (NAK) Stock Technical Analysis
NYSEARCA:NAK - NYSE Arca - CA66510M2040 - Common Stock - Currency: USD
Taking everything into account, NAK scores 4 out of 10 in our technical rating. Although NAK is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NAK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NAK is lagging the market.
In the last month NAK has a been trading in the 0.73 - 2.40 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.
NAK has an average volume of 16406500 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, NAK did better than 90% of all other stocks. On top of that, NAK also shows a nice and consistent pattern of rising prices. However, we also see that NAK couldn't keep up this performance in the last couple of months.
NAK is part of the Metals & Mining industry. There are 157 other stocks in this industry, NAK did better than 69% of them.
NAK has an average technical rating and the quality of the presented setup is also 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
0.44
0.76
2 important support areas can be observed.
- A support zone ranging from 0.74 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.44 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NAK is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAK is down. |
| ChartMill Relative Strength | 90.55 | POSITIVE | NAK has a high relative strength, it outperformed 90.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAK is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAK is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NAK is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 33.3 | NEUTRAL | The RSI value for NAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NAK has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.36 | OVERSOLD | The low Stochastics value suggests NAK may be oversold. |
| Average True Range in percent/ATR (20) | 33.7 | HIGH VOLATILITY | The high ATR as a percentage value for NAK suggests high volalility. |
| Average Directional Index/ADX (14) | 34.88 | POSITIVE | The high ADX value value for NAK suggests a strong trend. |
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)
0.75
-0.04 (-4.96%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-4.96%
1 Week-15.73%
2 Weeks-27.88%
1 Month-46.43%
3 Month-29.25%
6 Month14.91%
12 Month108.33%
2 Year179.33%
3 Year154.24%
5 Year-28.57%
10 Year50%
15 Year-88.99%
Volatility
ATR(14)0.25
ATR(20)%33.7%
ATR Inc-75.43%
Range Today0.05
ADR(20)0.21
ADR(20)%27.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.55
Mansfield-0.54
10 Day High1.01
10 Day Low0.73
20 Day High2.4
20 Day Low0.73
52 Week High2.4
52 Week Low0.3
CS1 End0.75
CR1 StartN/A
Volume & EV
DER(3)-2.35%
DER(5)-7.1%
Volume4.39M
Volume Incr-59.89%
Vol(5)11.40M
Vol(50)16.41M