NEW CENTURY LOGISTICS BVI LT (NCEW) Stock Technical Analysis
USA - NASDAQ:NCEW - VGG646271053 - Common Stock
0.6146 USD
-0.02 (-2.44%)
0.64 USD
+0.03 (+4.13%)
We assign a technical rating of 1 out of 10 to NCEW. NCEW'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.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NCEW is a bad performer in the overall market: 100% of all stocks are doing better.
NCEW is one of the lesser performing stocks in the Air Freight & Logistics industry. 81% of 23 stocks in the same industry do better.
In the last month NCEW has a been trading in the 0.48 - 0.70 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 the technical rating is bad, NCEW does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.61
0.69
When analyzing the resistance we notice 2 important areas.
- Resistance @0.63 from a horizontal line in the weekly time frame.
- Resistance @0.68 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for NCEW is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCEW is neutral. |
| ChartMill Relative Strength | 0 | NEGATIVE | NCEW has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCEW is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 47.4 | NEUTRAL | The RSI value for NCEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NCEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.3 | NEUTRAL | The Stochastics value for NCEW is a neutral value. |
| Average True Range in percent/ATR (20) | 8.85 | HIGH VOLATILITY | The high ATR as a percentage value for NCEW suggests high volalility. |
| Average Directional Index/ADX (14) | 21.96 | NEUTRAL | The ADX value for NCEW suggests a possible start of a new 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)
0.6146
-0.02 (-2.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryAir Freight & Logistics
Performance
% Chg-2.44%
1 Week1.59%
2 Weeks-2.48%
1 Month22.87%
3 Month-34.72%
6 Month-61.1%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%8.85%
ATR Inc-5.14%
Range Today0.05
ADR(20)0.05
ADR(20)%8.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.66
10 Day Low0.57
20 Day High0.7
20 Day Low0.48
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start0.63
Volume & EV
DER(3)0.54%
DER(5)-0.61%
Volume70.50K
Volume Incr-85.96%
Vol(5)51.58K
Vol(50)237.78K