NEWAMSTERDAM PHARMA CO NV (NAMS) Stock Technical Analysis
NASDAQ:NAMS - Nasdaq - NL00150012L7 - Common Stock - Currency: USD
Taking everything into account, NAMS scores 10 out of 10 in our technical rating. 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.
Looking at the yearly performance, NAMS did better than 90% of all other stocks.
NAMS is one of the better performing stocks in the Biotechnology industry, it outperforms 82% of 551 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.
In the last month NAMS has a been trading in the 20.53 - 25.85 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NAMS has an excellent technical rating, it does not offer a high 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
16.83
25.56
When analyzing the support we can see 4 important areas.
- A support zone ranging from 22.59 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.97 from a trend line in the daily time frame.
- Support @19.77 from a trend line in the daily time frame.
- Support @17.00 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 | 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 | 90.1 | POSITIVE | NAMS has a high relative strength, it outperformed 90.1% 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) | 67.65 | NEUTRAL | The RSI value for NAMS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NAMS has a positive trend. |
| Stochastics (14,3) | 68.5 | NEUTRAL | The Stochastics value for NAMS is a neutral value. |
| Average True Range in percent/ATR (20) | 5.37 | HIGH VOLATILITY | The high ATR as a percentage value for NAMS suggests high volalility. |
| Average Directional Index/ADX (14) | 38.61 | POSITIVE | The high ADX value value for NAMS 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)
25.31
+2.35 (+10.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg10.24%
1 Week18.94%
2 Weeks7.25%
1 Month17.5%
3 Month37.78%
6 Month25.36%
12 Month45.54%
2 Year145.49%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%5.37%
ATR Inc83.6%
Range Today2.62
ADR(20)1.35
ADR(20)%5.32%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.1
Mansfield1.52
10 Day High25.85
10 Day Low21.14
20 Day High25.85
20 Day Low20.53
52 Week High27.29
52 Week Low14.06
CS1 End22.96
CR1 StartN/A
Volume & EV
DER(3)2.23%
DER(5)1.56%
Volume1.88M
Volume Incr11.04%
Vol(5)892.98K
Vol(50)913.05K