NORDSON CORP (NDSN) Stock Technical Analysis
USA - NASDAQ:NDSN - US6556631025 - Common Stock
Taking everything into account, NDSN scores 4 out of 10 in our technical rating. NDSN was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
NDSN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
207.15
When analyzing the support we can see 3 important areas.
- A support zone ranging from 228.09 to 228.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 230.43 to 238.36. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for NDSN is neutral. |
| ChartMill Relative Strength | 38.48 | NEUTRAL | NDSN is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NDSN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NDSN is below 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) | 45.83 | NEUTRAL | The RSI value for NDSN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.36 | NEGATIVE | The MACD value suggests NDSN has a negative trend. |
| Stochastics (14,3) | 47.73 | NEUTRAL | The Stochastics value for NDSN is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for NDSN suggests low volalility. |
| Average Directional Index/ADX (14) | 16.19 | NEGATIVE | The low ADX value for NDSN suggests a weak or negative trend. |
230.27
-2.88 (-1.24%)
NORDSON CORP / NDSN FAQ
Can you provide the ChartMill technical rating for NORDSON CORP?
ChartMill assigns a technical rating of 4 / 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 45.827. 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 -0.360432, indicating a bearish trend.