Overall NCEW gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NCEW is showing a nice and steady performance.
- NCEW 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.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NCEW is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- NCEW is an average performer in the Air Freight & Logistics industry, it outperforms 68% of 23 stocks in the same industry.
- In the last month NCEW has a been trading in the 5.89 - 10.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Although NCEW has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.27
We found 2 important support areas.
- Support @6.62 from a trend line in the daily time frame.
- A support zone ranging from 6.33 to 6.33. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @8.30 from a trend line 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 NCEW is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCEW is up. |
| ChartMill Relative Strength | 83.37 | POSITIVE | NCEW has a high relative strength, it outperformed 83.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCEW is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NCEW is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.68 | NEUTRAL | The RSI value for NCEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NCEW has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.78 | NEUTRAL | The Stochastics value for NCEW is a neutral value. |
| Average True Range in percent/ATR (20) | 12.83 | HIGH VOLATILITY | The high ATR as a percentage value for NCEW suggests high volalility. |
| Average Directional Index/ADX (14) | 48.25 | POSITIVE | The high ADX value value for NCEW suggests a strong trend. |
7.25
+0.1 (+1.4%)
NEW CENTURY LOGISTICS BVI LT / NCEW FAQ
Can you provide the ChartMill technical rating for NEW CENTURY LOGISTICS BVI LT?
ChartMill assigns a technical rating of 9 / 10 to NCEW.
Can you provide the trend direction for NEW CENTURY LOGISTICS BVI LT?
The current trend direction for NEW CENTURY LOGISTICS BVI LT (NCEW) is Bullish.
Can you provide the RSI signal for NEW CENTURY LOGISTICS BVI LT?
NEW CENTURY LOGISTICS BVI LT (NCEW) has an RSI value of 52.6836. This indicates that the stock is currently neutral.
What is the MACD signal for NEW CENTURY LOGISTICS BVI LT (NCEW) stock?
The MACD indicator for NEW CENTURY LOGISTICS BVI LT (NCEW) has a value of -0.171233, indicating a bearish trend.
What are the support and resistance levels for NEW CENTURY LOGISTICS BVI LT (NCEW) stock?
NEW CENTURY LOGISTICS BVI LT (NCEW) has a support level at 6.62 and a resistance level at 8.3. Check the full technical report for our detailed analysis of NCEW support and resistance levels.