We assign a technical rating of 8 out of 10 to NDSN. Both in the recent history as in the last year, NDSN has proven to be a steady performer, scoring decent points in every aspect analyzed.
NDSN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 237.40, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
207.15
We found 4 important support areas.
- A support zone ranging from 234.50 to 237.40. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @228.16 from a horizontal line in the daily time frame.
- Support @221.97 from a horizontal line in the daily time frame.
- A support zone ranging from 209.24 to 209.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 243.37 to 243.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NDSN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NDSN is up. |
| ChartMill Relative Strength | 73.33 | POSITIVE | NDSN has a high relative strength, it outperformed 73.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NDSN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NDSN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NDSN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.87 | NEUTRAL | The RSI value for NDSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.51 | POSITIVE | The MACD value suggests NDSN has a positive trend. |
| Stochastics (14,3) | 46.33 | NEUTRAL | The Stochastics value for NDSN is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NDSN suggests some volalility. |
| Average Directional Index/ADX (14) | 24.84 | NEUTRAL | The ADX value for NDSN suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 243.38 | 234.49 | 8.89 (3.65%) | 25.00% |
| An entry @243.38. This is a Buy Stop order right above the resistance zone. | An exit @234.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 8.89 points, which is 3.65%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.91%. |
- 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.
243.36
+2.98 (+1.24%)
NORDSON CORP / NDSN FAQ
Can you provide the ChartMill technical rating for NORDSON CORP?
ChartMill assigns a technical rating of 8 / 10 to NDSN.
What is the current trend direction of NORDSON CORP (NDSN) stock?
The current trend direction for NORDSON CORP (NDSN) is Bullish.
What is the RSI signal for NDSN stock?
NORDSON CORP (NDSN) has an RSI value of 64.8731. This indicates that the stock is currently neutral.
What is the MACD signal for NORDSON CORP (NDSN) stock?
The MACD indicator for NORDSON CORP (NDSN) has a value of 0.514775, indicating a bearish trend.
What is the buy/sell signal for NDSN stock?
The buy/sell signal for NORDSON CORP (NDSN) is buy as both the short term and long term trends are positive.