NORTHERN DYNASTY MINERALS (NAK) Technical Analysis
NYSEARCA:NAK • CA66510M2040
Current stock price
NAK Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to NAK. In the last year, NAK was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Both the short term and long term trends are positive. This is a very positive sign.
- In the last month NAK has a been trading in the 1.50 - 2.22 range, which is quite wide. It is currently trading near the high of this range.
- NAK has an average volume of 8813240 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 89% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- NAK is an average performer in the Metals & Mining industry, it outperforms 61% of 163 stocks in the same industry.
- NAK is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NAK is lagging the market.
NAK Weekly and Daily overview Charts
NAK Setup Rating and Analysis
NAK has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 2.10. Right above this resistance zone may be a good entry point.
More info and screens
NAK Support and Resistance Analysis
1.13
We found 3 important support areas.
- A support zone ranging from 1.96 to 1.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.14 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.10 to 2.13. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @2.28 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 | UP | POSITIVE | The long term trend for NAK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAK is up. |
| ChartMill Relative Strength | 89.12 | POSITIVE | NAK has a high relative strength, it outperformed 89.12% 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) | UP | POSITIVE | The current price of NAK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NAK is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.19 | NEUTRAL | The RSI value for NAK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NAK has a negative trend. |
| Stochastics (14,3) | 59.09 | NEUTRAL | The Stochastics value for NAK is a neutral value. |
| 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) | 32.39 | POSITIVE | The high ADX value value for NAK suggests a strong trend. |
NAK Chart- and CandleStick Pattern Analysis
NAK Technicals: Chart, Performance Metrics, Trend & Indicators
2.05
-0.05 (-2.38%)
NORTHERN DYNASTY MINERALS / NAK TA FAQ
What is the technical rating for NAK stock?
ChartMill assigns a technical rating of 8 / 10 to NAK.
Can you provide the trend direction for NORTHERN DYNASTY MINERALS?
The current trend direction for NORTHERN DYNASTY MINERALS (NAK) is Bullish.
What is the RSI signal for NAK stock?
NORTHERN DYNASTY MINERALS (NAK) has an RSI value of 61.1949. 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 positive.
Can you provide the buy/sell signal for NORTHERN DYNASTY MINERALS?
The buy/sell signal for NORTHERN DYNASTY MINERALS (NAK) is buy as both the short term and long term trends are positive.