NORTHANN CORP (NCL) Stock Technical Analysis
NYSEARCA:NCL • US66373M4087
Taking everything into account, NCL scores 0 out of 10 in our technical rating. NCL'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 99% of all other stocks performed better in the past year than NCL.
- NCL is part of the Building Products industry. There are 42 other stocks in this industry, of which 92% are performing better than NCL.
- NCL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NCL has a been trading in the 0.15 - 0.21 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NCL has an average volume of 18379600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
NCL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.17. Right above this resistance zone may be a good entry point.
More info and screens
0.16
When analyzing the support we notice one important area.
- Support @0.16 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.17 to 0.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.18 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 NCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NCL is down. |
| ChartMill Relative Strength | 1.23 | NEGATIVE | NCL has a low relative strength, it was outperformed by 98.77% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.81 | NEUTRAL | The RSI value for NCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 20.1 | NEUTRAL | The Stochastics value for NCL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.16 | HIGH VOLATILITY | The high ATR as a percentage value for NCL suggests high volalility. |
| Average Directional Index/ADX (14) | 11.05 | NEGATIVE | The low ADX value for NCL suggests a weak or negative trend. |
0.164
-0.01 (-3.64%)
NORTHANN CORP / NCL FAQ
Can you provide the ChartMill technical rating for NORTHANN CORP?
ChartMill assigns a technical rating of 0 / 10 to NCL.
What is the trend direction for NCL stock?
The current trend direction for NORTHANN CORP (NCL) is Bearish.
Can you provide the RSI signal for NORTHANN CORP?
NORTHANN CORP (NCL) has an RSI value of 38.8056. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORTHANN CORP?
The MACD indicator for NORTHANN CORP (NCL) has a value of 0.00528849, indicating a bearish trend.
What is the buy/sell signal for NORTHANN CORP (NCL) stock?
The buy/sell signal for NORTHANN CORP (NCL) is sell as both the short term and long term trends are negative.