NEO-CONCEPT INTL GROUP HLD-A (NCI) Stock Technical Analysis
NASDAQ:NCI - Nasdaq - KYG6421C1125 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to NCI. In the past year, NCI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NCI is a bad performer in the overall market: 87% of all stocks are doing better.
NCI is part of the Textiles, Apparel & Luxury Goods industry. There are 49 other stocks in this industry, of which 75% are performing better than NCI.
NCI 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 term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NCI has a been trading in the 1.55 - 2.98 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.
NCI has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
1.77
2.58
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.24 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.79 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 2.45 to 2.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 2.53 to 2.55. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The long term trend for NCI is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCI is up. |
| ChartMill Relative Strength | 13.13 | NEGATIVE | NCI has a low relative strength, it was outperformed by 86.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 54.26 | NEUTRAL | The RSI value for NCI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NCI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 49.54 | NEUTRAL | The Stochastics value for NCI is a neutral value. |
| Average True Range in percent/ATR (20) | 14.32 | HIGH VOLATILITY | The high ATR as a percentage value for NCI suggests high volalility. |
| Average Directional Index/ADX (14) | 47.01 | POSITIVE | The high ADX value value for NCI suggests a strong 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)
2.25
-0.01 (-0.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryTextiles, Apparel & Luxury Goods
Performance
% Chg-0.24%
1 Week-12.8%
2 Weeks-4.26%
1 Month24.31%
3 Month4.17%
6 Month-36.62%
12 Month-27.65%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%14.32%
ATR Inc-59.64%
Range Today0.12
ADR(20)0.31
ADR(20)%13.85%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.13
Mansfield-1.96
10 Day High2.98
10 Day Low2
20 Day High2.98
20 Day Low1.55
52 Week High9
52 Week Low1.4
CS1 End2.24
CR1 Start2.45
Volume & EV
DER(3)-10.39%
DER(5)-12.46%
Volume15.80K
Volume Incr-87.97%
Vol(5)23.34K
Vol(50)197.36K