NEWAMSTERDAM PHARMA CO NV (NAMS) Stock Technical Analysis
NASDAQ:NAMS • NL00150012L7
We assign a technical rating of 8 out of 10 to NAMS. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NAMS is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- NAMS is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 521 stocks in the same industry.
- NAMS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NAMS is lagging the market slightly.
- Looking at the yearly performance, NAMS did better than 85% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month NAMS has a been trading in the 30.50 - 37.76 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NAMS also presents a decent setup pattern. Prices have been consolidating lately.
More info and screens
30.80
We found 4 important support areas.
- A support zone ranging from 33.72 to 34.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 32.44 to 32.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @31.65 from a horizontal line in the daily time frame.
- A support zone ranging from 31.11 to 31.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 41.31 to 41.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NAMS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAMS is up. |
| ChartMill Relative Strength | 85.71 | POSITIVE | NAMS has a high relative strength, it outperformed 85.71% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAMS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAMS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NAMS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.92 | NEUTRAL | The RSI value for NAMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.33 | POSITIVE | The MACD value suggests NAMS has a positive trend. |
| Stochastics (14,3) | 67.14 | NEUTRAL | The Stochastics value for NAMS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for NAMS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.61 | NEGATIVE | The low ADX value for NAMS suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 37.77 | 33.71 | 4.06 (10.75%) | 9.30% |
| An entry @37.77. This is a Buy Stop order right above the 10 day high. | An exit @33.71. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 4.06 points, which is 10.75%. | When investing 9.30% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
36.17
+0.59 (+1.66%)
NEWAMSTERDAM PHARMA CO NV / NAMS FAQ
What is the technical rating for NAMS stock?
ChartMill assigns a technical rating of 8 / 10 to NAMS.
What is the trend direction for NAMS stock?
The current trend direction for NEWAMSTERDAM PHARMA CO NV (NAMS) is Bullish.
Can you provide the RSI signal for NEWAMSTERDAM PHARMA CO NV?
NEWAMSTERDAM PHARMA CO NV (NAMS) has an RSI value of 59.9181. This indicates that the stock is currently neutral.
What is the buy/sell signal for NAMS stock?
The buy/sell signal for NEWAMSTERDAM PHARMA CO NV (NAMS) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for NEWAMSTERDAM PHARMA CO NV?
NEWAMSTERDAM PHARMA CO NV (NAMS) has a support level at 34.52 and a resistance level at 41.31. Check the full technical report for our detailed analysis of NAMS support and resistance levels.