USA - NASDAQ:NCNA - US67022C3043 - ADR
Overall NCNA gets a technical rating of 2 out of 10. NCNA'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.
Although the technical rating is bad, NCNA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
3.97
When analyzing the support we notice one important area.
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 NCNA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NCNA is down. |
| ChartMill Relative Strength | 0.01 | NEGATIVE | NCNA has a low relative strength, it was outperformed by 99.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCNA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCNA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCNA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.21 | OVERSOLD | The low RSI value suggests NCNA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 14.8 | POSITIVE | The MACD value suggests NCNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 10.3 | OVERSOLD | The low Stochastics value suggests NCNA may be oversold. |
| Average True Range in percent/ATR (20) | 17.91 | HIGH VOLATILITY | The high ATR as a percentage value for NCNA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.14 | NEUTRAL | The ADX value for NCNA suggests a possible start of a new trend. |
4.26
+0.07 (+1.67%)
ChartMill assigns a technical rating of 2 / 10 to NCNA.
The current trend direction for NUCANA PLC-ADR (NCNA) is Bearish.
NUCANA PLC-ADR (NCNA) has an RSI value of 26.2075. This indicates that the stock is currently oversold.
The short term momentum for NUCANA PLC-ADR (NCNA) is negative.
NUCANA PLC-ADR (NCNA) has a support level at 4.01. Check the full technical report for our detailed analysis of NCNA support and resistance levels.