NUCANA PLC-ADR (NCNA) Technical Analysis
NASDAQ:NCNA • US67022C3043
Current stock price
NCNA Technical Rating and Analysis
Overall NCNA gets a technical rating of 2 out of 10. In the past year, NCNA 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, NCNA is a bad performer in the overall market: 98% of all stocks are doing better.
- NCNA is one of the lesser performing stocks in the Biotechnology industry. 87% of 516 stocks in the same industry do better.
- NCNA 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.
- 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.
- In the last month NCNA has a been trading in the 1.33 - 2.33 range, which is quite wide. It is currently trading near the high of this range.
- The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NCNA Weekly and Daily overview Charts
NCNA Setup Rating and Analysis
The technical rating of NCNA is bad and it also does not present a quality setup 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.
More info and screens
NCNA Support and Resistance Analysis
2.23
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 2.26 to 2.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @4.50 from a horizontal line in the daily time frame.
NCNA 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 NCNA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCNA is up. |
| ChartMill Relative Strength | 2.21 | NEGATIVE | NCNA has a low relative strength, it was outperformed by 97.79% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NCNA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NCNA is above a declining 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) | 61.79 | NEUTRAL | The RSI value for NCNA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NCNA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.73 | OVERBOUGHT | The high Stochastics value suggests NCNA may be overbought. |
| Average True Range in percent/ATR (20) | 7.76 | HIGH VOLATILITY | The high ATR as a percentage value for NCNA suggests high volalility. |
| Average Directional Index/ADX (14) | 41.34 | POSITIVE | The high ADX value value for NCNA suggests a strong trend. |
NCNA Chart- and CandleStick Pattern Analysis
NCNA Technicals: Chart, Performance Metrics, Trend & Indicators
2.25
+0.12 (+5.63%)
NUCANA PLC-ADR / NCNA TA FAQ
What is the ChartMill technical rating of NUCANA PLC-ADR (NCNA) stock?
ChartMill assigns a technical rating of 2 / 10 to NCNA.
What is the current trend direction of NUCANA PLC-ADR (NCNA) stock?
The current trend direction for NUCANA PLC-ADR (NCNA) is Bearish.
What is the RSI signal for NCNA stock?
NUCANA PLC-ADR (NCNA) has an RSI value of 61.7882. This indicates that the stock is currently neutral.
What is the short term momentum for NUCANA PLC-ADR (NCNA) stock?
The short term momentum for NUCANA PLC-ADR (NCNA) is positive.
What is the buy/sell signal for NUCANA PLC-ADR (NCNA) stock?
The buy/sell signal for NUCANA PLC-ADR (NCNA) is hold as the short term and long term trends are mixed.