NUVEEN CHURCHILL DIRECT LEND (NCDL) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NCDL - US67090S1087 - Common Stock
Overall NCDL gets a technical rating of 0 out of 10. NCDL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NCDL is a bad performer in the overall market: 81% of all stocks are doing better.
- NCDL is one of the lesser performing stocks in the Capital Markets industry. 70% of 235 stocks in the same industry do better.
- 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 13.03 - 14.59 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NCDL does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.03. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.31, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NCDL in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
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12.99
When analyzing the support we notice one important area.
- A support zone ranging from 13.12 to 13.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 6 important resistance areas.
- A resistance zone ranging from 14.03 to 14.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @15.96 from a horizontal line in the daily time frame.
- Resistance @16.27 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 | DOWN | NEGATIVE | The short term trend for NCDL is down. |
| ChartMill Relative Strength | 19.98 | NEGATIVE | NCDL has a low relative strength, it was outperformed by 80.02% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCDL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCDL is below 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) | 44.43 | NEUTRAL | The RSI value for NCDL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NCDL has a positive trend. |
| Stochastics (14,3) | 71.74 | NEUTRAL | The Stochastics value for NCDL is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for NCDL suggests some volalility. |
| Average Directional Index/ADX (14) | 27.53 | POSITIVE | The high ADX value value for NCDL suggests a strong trend. |
13.57
-0.27 (-1.95%)
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 0 / 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 44.4328. 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 0.0344218, 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 13.31 and a resistance level at 14.03. Check the full technical report for our detailed analysis of NCDL support and resistance levels.