NORTHERN DYNASTY MINERALS (NAK) Technical Analysis
NYSEARCA:NAK • CA66510M2040
Current stock price
1.49 USD
+0.01 (+0.68%)
At close:
1.5199 USD
+0.03 (+2.01%)
After Hours:
NAK Technical Rating and Analysis
Overall NAK gets a technical rating of 3 out of 10. 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- NAK is part of the Metals & Mining industry. There are 158 other stocks in this industry, of which 67% are performing better than NAK.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month NAK has a been trading in the 1.07 - 1.53 range, which is quite wide. It is currently trading near the high of this range.
- NAK has an average volume of 11155700 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, NAK did better than 78% of all other stocks. However, we also see that NAK couldn't keep up this performance in the last couple of months.
- NAK is currently trading in the middle 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 slightly.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NAK Weekly and Daily overview Charts
NAK Setup Rating and Analysis
The technical rating of NAK 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
NAK Support and Resistance Analysis
0.99
2.37
We found 3 important support areas.
- Support @1.15 from a trend line in the daily time frame.
- Support @1.10 from a trend line in the weekly time frame.
- Support @1.00 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.50 to 1.50. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.35 from a trend line in the daily time frame.
NAK 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 NAK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAK is neutral. |
| ChartMill Relative Strength | 78.37 | POSITIVE | NAK has a high relative strength, it outperformed 78.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAK is above the rising 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) | 54.66 | NEUTRAL | The RSI value for NAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NAK has a positive trend. |
| Stochastics (14,3) | 94.07 | OVERBOUGHT | The high Stochastics value suggests NAK may be overbought. |
| Average True Range in percent/ATR (20) | 6.82 | HIGH VOLATILITY | The high ATR as a percentage value for NAK suggests high volalility. |
| Average Directional Index/ADX (14) | 19.06 | NEGATIVE | The low ADX value for NAK suggests a weak or negative trend. |
NAK Chart- and CandleStick Pattern Analysis
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)
NAK Technicals: Chart, Performance Metrics, Trend & Indicators
1.49
+0.01 (+0.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.68%
1 Week20.16%
2 Weeks17.32%
1 Month12.88%
3 Month-23.59%
6 Month12.88%
12 Month70.07%
2 Year390.94%
3 Year613.6%
5 Year152.54%
10 Year246.51%
15 Year-89.04%
Volatility
ATR(14)0.11
ATR(20)%6.82%
ATR Inc26.52%
Range Today0.14
ADR(20)0.1
ADR(20)%6.53%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.37
3 months CRS15.32
6 months CRS83.26
Mansfield0.12
10 Day High1.53
10 Day Low1.08
20 Day High1.53
20 Day Low1.08
52 Week High2.98
52 Week Low0.73
CS1 End1.15
CR1 Start1.5
Volume & EV
DER(3)6.32%
DER(5)4.58%
Volume5.82M
Volume Incr-14.17%
Vol(5)6.31M
Vol(50)11.16M
NORTHERN DYNASTY MINERALS / NAK TA FAQ
What is the technical rating for NAK stock?
ChartMill assigns a technical rating of 3 / 10 to NAK.
Can you provide the trend direction for NORTHERN DYNASTY MINERALS?
The current trend direction for NORTHERN DYNASTY MINERALS (NAK) is Bearish.
What is the RSI signal for NAK stock?
NORTHERN DYNASTY MINERALS (NAK) has an RSI value of 54.6607. This indicates that the stock is currently neutral.
What is the short term momentum for NAK stock?
The short term momentum for NORTHERN DYNASTY MINERALS (NAK) is neutral.