NCI Technical Analysis - NTG CLARITY NETWORKS INC

Technical Rating and Analysis

Overall NCI gets a technical rating of 0 out of 10. NCI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

64% of all other stocks performed better in the past year than NCI.

NCI is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.

NCI is part of the Software industry. There are 65 other stocks in this industry, NCI did better than 56% of them.

NCI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NCI is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

NTG CLARITY NETWORKS INC / NCI Weekly stock chart

NTG CLARITY NETWORKS INC / NCI Daily stock chart

Setup Rating and Analysis

NCI has a poor technical rating and the quality of the setup is also only medium 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

1.62

2.22

When analyzing the support we notice one important area.

A support zone ranging from 1.64 to 1.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

4 important resistance areas can be observed.

A resistance zone ranging from 1.75 to 1.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 1.95 to 1.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @2.04 from a trend line in the daily time frame.
Resistance @2.20 from a horizontal line in the daily time frame.

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Support and Resistance indicators

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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	DOWN	NEGATIVE	The long term trend for NCI.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NCI.CA is down.
ChartMill Relative Strength	36.98	NEUTRAL	NCI.CA is not amongst the best or worst performers on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NCI.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NCI.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of NCI.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)	41.72	NEUTRAL	The RSI value for NCI.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests NCI.CA has a positive trend.
Stochastics (14,3)	44.44	NEUTRAL	The Stochastics value for NCI.CA is a neutral value.
Average True Range in percent/ATR (20)	5.83	HIGH VOLATILITY	The high ATR as a percentage value for NCI.CA suggests high volalility.
Average Directional Index/ADX (14)	28.48	POSITIVE	The high ADX value value for NCI.CA suggests a strong trend.