NACCO INDUSTRIES-CL A (NC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NC - US6295791031 - Common Stock
46.19 USD
-0.29 (-0.62%)
48 USD
+1.81 (+3.92%)
Taking everything into account, NC scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month NC has a been trading in the 45.02 - 50.94 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Warning: NC has an average volume of 11182 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
When comparing the yearly performance of all stocks, we notice that NC is one of the better performing stocks in the market, outperforming 88% of all stocks. On top of that, NC also shows a nice and consistent pattern of rising prices.
NC is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 92% of 208 stocks in the same industry.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
NC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NC is lagging the market.
Although NC has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
35.22
49.79
When analyzing the support we can see 5 important areas.
- Support @42.74 from a trend line in the weekly time frame.
- Support @40.80 from a trend line in the daily time frame.
- Support @39.88 from a horizontal line in the daily time frame.
- Support @37.74 from a horizontal line in the daily time frame.
- Support @35.58 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 46.25 to 47.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 48.33 to 49.30. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 NC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NC is down. |
| ChartMill Relative Strength | 88.25 | POSITIVE | NC has a high relative strength, it outperformed 88.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.5 | NEUTRAL | The RSI value for NC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.43 | NEGATIVE | The MACD value suggests NC has a negative trend. |
| Stochastics (14,3) | 28.96 | NEUTRAL | The Stochastics value for NC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NC suggests some volalility. |
| Average Directional Index/ADX (14) | 18.38 | NEGATIVE | The low ADX value for NC suggests a weak or negative 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)
46.19
-0.29 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-0.62%
1 Week-6.31%
2 Weeks-6.08%
1 Month-4.49%
3 Month15.79%
6 Month14.36%
12 Month49%
2 Year27.32%
3 Year18.53%
5 Year92.7%
10 Year324.88%
15 Year101.7%
Volatility
ATR(14)1.85
ATR(20)%4.23%
ATR Inc29.94%
Range Today1.21
ADR(20)1.88
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.25
3 months CRS86.01
6 months CRS76.33
Mansfield0.62
10 Day High49.67
10 Day Low45.02
20 Day High50.94
20 Day Low45.02
52 Week High53.88
52 Week Low30
CS1 End42.74
CR1 Start46.25
Volume & EV
DER(3)-1.59%
DER(5)1.99%
Volume6.86K
Volume Incr-30.66%
Vol(5)8.76K
Vol(50)11.18K
NACCO INDUSTRIES-CL A / NC FAQ
What is the technical rating for NC stock?
ChartMill assigns a technical rating of 8 / 10 to NC.
What is the trend direction for NC stock?
The current trend direction for NACCO INDUSTRIES-CL A (NC) is Bullish.
Can you provide the RSI signal for NACCO INDUSTRIES-CL A?
NACCO INDUSTRIES-CL A (NC) has an RSI value of 40.4953. This indicates that the stock is currently neutral.
What is the MACD signal for NC stock?
The MACD indicator for NACCO INDUSTRIES-CL A (NC) has a value of -0.430877, indicating a bearish trend.
What is the short term momentum for NC stock?
The short term momentum for NACCO INDUSTRIES-CL A (NC) is negative.