NAPA Technical Analysis - NAPATECH A/S

Technical Rating and Analysis

Overall NAPA gets a technical rating of 3 out of 10. In the last year, NAPA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.

When comparing the yearly performance of all stocks, NAPA is a bad performer in the overall market: 85% of all stocks are doing better.

NAPA is one of the lesser performing stocks in the Communications Equipment industry. 61% of 27 stocks in the same industry do better.

Both the short term and long term trends are neutral. So this is not the most entertaining stock around.

NAPA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NAPA is lagging the market.

In the last month NAPA has a been trading in the 19.64 - 26.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, NAPA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 24.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 22.80, a Stop Loss order could be placed below this zone.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

20.74

26.97

2 important support areas can be observed.

A support zone ranging from 22.70 to 22.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 20.95 to 21.01. This zone is formed by a combination of multiple trend lines in multiple time frames.

2 important resistance areas can be observed.

A resistance zone ranging from 23.82 to 24.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 25.96 to 26.70. This zone is formed by a combination of multiple trend lines in multiple time frames.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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	NEUTRAL	NEUTRAL	The long term trend for NAPA.OL is neutral.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for NAPA.OL is neutral.
ChartMill Relative Strength	15.07	NEGATIVE	NAPA.OL has a low relative strength, it was outperformed by 84.93% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of NAPA.OL is above the rising SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NAPA.OL is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	POSITIVE	The current price of NAPA.OL is above the rising SMA(200).
Relative Strength Index/RSI (14)	55.47	NEUTRAL	The RSI value for NAPA.OL is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.18	POSITIVE	The MACD value suggests NAPA.OL has a positive trend.
Stochastics (14,3)	51.16	NEUTRAL	The Stochastics value for NAPA.OL is a neutral value.
Average True Range in percent/ATR (20)	5.37	HIGH VOLATILITY	The high ATR as a percentage value for NAPA.OL suggests high volalility.
Average Directional Index/ADX (14)	17.76	NEGATIVE	The low ADX value for NAPA.OL suggests a weak or negative trend.