NUVEEN CHURCHILL DIRECT LEND (NCDL) Stock Technical Analysis
NYSE:NCDL • US67090S1087
We assign a technical rating of 2 out of 10 to NCDL. In the past year, NCDL was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
- 79% of all other stocks performed better in the past year than NCDL.
- NCDL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NCDL has a been trading in the 12.95 - 14.31 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- NCDL is part of the Capital Markets industry. There are 238 other stocks in this industry, NCDL did better than 40% of them.
Although the technical rating is bad, NCDL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 13.90, a Stop Loss order could be placed below this zone.
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12.93
When analyzing the support we can see 3 important areas.
- A support zone ranging from 13.59 to 13.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 13.31 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.06 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @14.12 from a trend line in the daily time frame.
- A resistance zone ranging from 14.70 to 14.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.14 from a trend line in the weekly time frame.
- Resistance @17.31 from a horizontal line in the weekly time frame.
- Resistance @18.06 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for NCDL is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCDL is up. |
| ChartMill Relative Strength | 21.5 | NEGATIVE | NCDL has a low relative strength, it was outperformed by 78.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCDL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NCDL is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCDL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.9 | NEUTRAL | The RSI value for NCDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NCDL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 87.9 | OVERBOUGHT | The high Stochastics value suggests NCDL may be overbought. |
| Average True Range in percent/ATR (20) | 2.34 | MEDIUM VOLATILITY | The ATR as a percentage value for NCDL suggests some volalility. |
| Average Directional Index/ADX (14) | 21.08 | NEUTRAL | The ADX value for NCDL suggests a possible start of a new trend. |
14.05
-0.07 (-0.5%)
NUVEEN CHURCHILL DIRECT LEND / NCDL FAQ
What is the ChartMill technical rating of NUVEEN CHURCHILL DIRECT LEND (NCDL) stock?
ChartMill assigns a technical rating of 2 / 10 to NCDL.
What is the trend direction for NCDL stock?
The current trend direction for NUVEEN CHURCHILL DIRECT LEND (NCDL) is Bearish.
What is the RSI signal for NCDL stock?
NUVEEN CHURCHILL DIRECT LEND (NCDL) has an RSI value of 57.8974. This indicates that the stock is currently neutral.
What is the MACD signal for NUVEEN CHURCHILL DIRECT LEND (NCDL) stock?
The MACD indicator for NUVEEN CHURCHILL DIRECT LEND (NCDL) has a value of 0.107324, indicating a bearish trend.
Can you provide the support and resistance levels for NUVEEN CHURCHILL DIRECT LEND?
NUVEEN CHURCHILL DIRECT LEND (NCDL) has a support level at 13.9 and a resistance level at 14.12. Check the full technical report for our detailed analysis of NCDL support and resistance levels.