NOCO-NOCO INC (NCNC) Stock Technical Analysis
NASDAQ:NCNC - Nasdaq - KYG7243P1090 - Common Stock - Currency: USD
Taking everything into account, NCNC scores 1 out of 10 in our technical rating. NCNC'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.
96% of all other stocks performed better in the past year than NCNC.
NCNC is one of the lesser performing stocks in the Electrical Equipment industry. 80% of 95 stocks in the same industry do better.
NCNC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NCNC is lagging the market.
In the last month NCNC has a been trading in the 0.08 - 0.32 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NCNC has an average volume of 24494800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of NCNC 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
0.10
0.14
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.14 from a trend line in the weekly 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 NCNC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NCNC is neutral. |
| ChartMill Relative Strength | 4.1 | NEGATIVE | NCNC has a low relative strength, it was outperformed by 95.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCNC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCNC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCNC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.94 | NEUTRAL | The RSI value for NCNC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NCNC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 21.71 | NEUTRAL | The Stochastics value for NCNC is a neutral value. |
| Average True Range in percent/ATR (20) | 27.06 | HIGH VOLATILITY | The high ATR as a percentage value for NCNC suggests high volalility. |
| Average Directional Index/ADX (14) | 50.01 | POSITIVE | The high ADX value value for NCNC 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)
0.1045
-0.02 (-19.24%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-19.24%
1 Week17.42%
2 Weeks6.52%
1 Month-7.77%
3 Month-45.26%
6 Month-51.62%
12 Month-54.86%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%27.06%
ATR Inc5.9%
Range Today0.03
ADR(20)0.02
ADR(20)%22.7%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4.1
Mansfield-4.93
10 Day High0.32
10 Day Low0.09
20 Day High0.32
20 Day Low0.08
52 Week High0.37
52 Week Low0.08
CS1 EndN/A
CR1 Start0.11
Volume & EV
DER(3)-5.79%
DER(5)-2.81%
Volume9.16M
Volume Incr1527.46%
Vol(5)164.52M
Vol(50)24.49M