NEW CENTURY LOGISTICS BVI LT (NCEW) Technical Analysis
NASDAQ:NCEW • VGG646271137
Current stock price
NCEW Technical Rating and Analysis
Taking everything into account, NCEW scores 9 out of 10 in our technical rating. 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.
- Warning: NCEW has an average volume of 7088 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- The long and short term trends are both positive. This is looking good!
- NCEW is part of the Air Freight & Logistics industry. There are 23 other stocks in this industry. NCEW outperforms 81% of them.
- NCEW is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that NCEW is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
- NCEW is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NCEW is lagging the market slightly.
NCEW Weekly and Daily overview Charts
NCEW Setup Rating and Analysis
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
NCEW Support and Resistance Analysis
9.06
When analyzing the support we can see 2 important areas.
- A support zone ranging from 11.32 to 11.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 9.15 to 9.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @11.76 from a horizontal line in the weekly time frame.
NCEW Technical Indicator Signal Analysis
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 | 86.83 | POSITIVE | NCEW has a high relative strength, it outperformed 86.83% 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) | UP | POSITIVE | The current price of NCEW is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NCEW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 75.01 | OVERBOUGHT | The high RSI value suggests NCEW may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NCEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.87 | OVERBOUGHT | The high Stochastics value suggests NCEW may be overbought. |
| Average True Range in percent/ATR (20) | 5.99 | HIGH VOLATILITY | The high ATR as a percentage value for NCEW suggests high volalility. |
| Average Directional Index/ADX (14) | 16.64 | NEGATIVE | The low ADX value for NCEW suggests a weak or negative trend. |
NCEW Chart- and CandleStick Pattern Analysis
NCEW Technicals: Chart, Performance Metrics, Trend & Indicators
11.745
+0.25 (+2.22%)
NEW CENTURY LOGISTICS BVI LT / NCEW TA 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.
What is the RSI signal for NEW CENTURY LOGISTICS BVI LT (NCEW) stock?
NEW CENTURY LOGISTICS BVI LT (NCEW) has an RSI value of 75.0126. This indicates that the stock is currently overbought.
What is the buy/sell signal for NCEW stock?
The buy/sell signal for NEW CENTURY LOGISTICS BVI LT (NCEW) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for NEW CENTURY LOGISTICS BVI LT?
NEW CENTURY LOGISTICS BVI LT (NCEW) has a support level at 11.49 and a resistance level at 11.76. Check the full technical report for our detailed analysis of NCEW support and resistance levels.