NEUBERGER NEXT GENERATION CO (NBXG) Stock Technical Analysis
NYSE:NBXG • US64133Q1085
Taking everything into account, NBXG scores 0 out of 10 in our technical rating. NBXG's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 70% of all other stocks performed better in the past year than NBXG.
- NBXG is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- NBXG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBXG is lagging the market.
Although the technical rating is bad, NBXG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 13.39, a Stop Loss order could be placed below this zone.
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12.87
When analyzing the support we notice one important area.
- A support zone ranging from 13.00 to 13.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 13.77 to 13.89. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @14.70 from a trend line in the daily time frame.
- A resistance zone ranging from 14.94 to 15.01. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 15.38 to 15.47. 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 | DOWN | NEGATIVE | The long term trend for NBXG is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBXG is down. |
| ChartMill Relative Strength | 30.69 | NEUTRAL | NBXG is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBXG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NBXG is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NBXG is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.44 | NEUTRAL | The RSI value for NBXG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NBXG has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 23.13 | NEUTRAL | The Stochastics value for NBXG is a neutral value. |
| Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for NBXG suggests some volalility. |
| Average Directional Index/ADX (14) | 45.35 | POSITIVE | The high ADX value value for NBXG suggests a strong trend. |
13.48
+0.09 (+0.67%)
NEUBERGER NEXT GENERATION CO / NBXG FAQ
What is the technical rating for NBXG stock?
ChartMill assigns a technical rating of 0 / 10 to NBXG.
What is the trend direction for NBXG stock?
The current trend direction for NEUBERGER NEXT GENERATION CO (NBXG) is Bearish.
What is the RSI signal for NEUBERGER NEXT GENERATION CO (NBXG) stock?
NEUBERGER NEXT GENERATION CO (NBXG) has an RSI value of 40.4426. This indicates that the stock is currently neutral.
What is the MACD signal for NBXG stock?
The MACD indicator for NEUBERGER NEXT GENERATION CO (NBXG) has a value of -0.00736155, indicating a bearish trend.
Can you provide the support and resistance levels for NEUBERGER NEXT GENERATION CO?
NEUBERGER NEXT GENERATION CO (NBXG) has a support level at 13.39 and a resistance level at 13.77. Check the full technical report for our detailed analysis of NBXG support and resistance levels.