NORTHANN CORP (NCL) Stock Technical Analysis
NYSEARCA:NCL - NYSE Arca - US66373M2008 - Common Stock - Currency: USD
Taking everything into account, NCL 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, NCL is showing a nice and steady performance.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Both the short term and long term trends are positive. This is a very positive sign.
NCL is part of the Building Products industry. There are 42 other stocks in this industry. NCL outperforms 100% of them.
NCL is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NCL is leading the market.
In the last month NCL has a been trading in the 0.35 - 1.03 range, which is quite wide. It is currently trading near the high of this range.
NCL has an average volume of 3501620 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NCL did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NCL has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
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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 NCL is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCL is up. |
| ChartMill Relative Strength | 99.35 | POSITIVE | NCL has a high relative strength, it outperformed 99.35% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NCL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 81.71 | OVERBOUGHT | The high RSI value suggests NCL may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NCL has a positive trend. |
| Stochastics (14,3) | 90.43 | OVERBOUGHT | The high Stochastics value suggests NCL may be overbought. |
| Average True Range in percent/ATR (20) | 10.8 | HIGH VOLATILITY | The high ATR as a percentage value for NCL suggests high volalility. |
| Average Directional Index/ADX (14) | 61.77 | POSITIVE | The high ADX value value for NCL 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)
0.9538
+0.03 (+3.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg3.11%
1 Week61.63%
2 Weeks138.39%
1 Month144.56%
3 Month333.55%
6 Month217.72%
12 Month153.6%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%10.8%
ATR Inc102.8%
Range Today0.18
ADR(20)0.1
ADR(20)%10.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.35
Mansfield25.05
10 Day High1.03
10 Day Low0.41
20 Day High1.03
20 Day Low0.35
52 Week High1.03
52 Week Low0.15
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.98%
DER(5)5.6%
Volume884.80K
Volume Incr-87.37%
Vol(5)1.05M
Vol(50)3.50M