ENDURO RTY TR (NDRO) Technical Analysis
NYSE:NDRO • US29269K1007
Current stock price
NDRO Technical Rating and Analysis
Taking everything into account, NDRO scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NDRO is only an average performer.
- The long and short term trends are both positive. This is looking good!
- NDRO is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When comparing the yearly performance of all stocks, we notice that NDRO is one of the better performing stocks in the market, outperforming 71% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
- NDRO is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NDRO is lagging the market slightly.
NDRO Weekly and Daily overview Charts
NDRO Setup Rating and Analysis
Besides having an excellent technical rating, NDRO also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 3.65, a Stop Loss order could be placed below this zone.
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NDRO Support and Resistance Analysis
3.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 3.61 to 3.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.50 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.40 from a trend line in the daily time frame.
- A support zone ranging from 3.21 to 3.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.66 to 3.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @3.81 from a horizontal line in the daily time frame.
- Resistance @3.91 from a horizontal line in the weekly time frame.
NDRO 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 | UP | POSITIVE | The long term trend for NDRO is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NDRO is up. |
| ChartMill Relative Strength | 71.69 | POSITIVE | NDRO has a high relative strength, it outperformed 71.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NDRO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NDRO is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NDRO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.02 | NEUTRAL | The RSI value for NDRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NDRO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.85 | NEUTRAL | The Stochastics value for NDRO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.74 | MEDIUM VOLATILITY | The ATR as a percentage value for NDRO suggests some volalility. |
NDRO Chart- and CandleStick Pattern Analysis
NDRO Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 3.70 | 3.60 | 0.10 (2.70%) | 25.00% |
| An entry @3.70. This is a Buy Stop order right above the resistance zone. | An exit @3.60. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.10 points, which is 2.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.68%. |
- The distance between exit and entry is rather small compared to the average daily movement of NDRO. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NDRO Technicals: Chart, Performance Metrics, Trend & Indicators
3.65
+0.05 (+1.39%)
ENDURO RTY TR / NDRO TA FAQ
What is the technical rating for NDRO stock?
ChartMill assigns a technical rating of 8 / 10 to NDRO.
Can you provide the trend direction for ENDURO RTY TR?
The current trend direction for ENDURO RTY TR (NDRO) is Bullish.
Can you provide the RSI signal for ENDURO RTY TR?
ENDURO RTY TR (NDRO) has an RSI value of 59.0246. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENDURO RTY TR?
The buy/sell signal for ENDURO RTY TR (NDRO) is buy as both the short term and long term trends are positive.
What is the support and resistance level for NDRO stock?
ENDURO RTY TR (NDRO) has a support level at 3.65 and a resistance level at 3.66. Check the full technical report for our detailed analysis of NDRO support and resistance levels.