NYSE:NE - New York Stock Exchange, Inc. - GB00BMXNWH07 - Common Stock - Currency: USD
Taking everything into account, NE scores 3 out of 10 in our technical rating. In the past year, NE 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.
Although the technical rating is bad, NE does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.25, a Stop Loss order could be placed below this zone.
22.93
We found 1 important support area.
We can see 3 important resistance areas.
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 NE is down. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NE is neutral. |
ChartMill Relative Strength | 13.16 | NEGATIVE | NE has a low relative strength, it was outperformed by 86.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 51.65 | NEUTRAL | The RSI value for NE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NE has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 42.21 | NEUTRAL | The Stochastics value for NE is a neutral value. |
Average True Range in percent/ATR (20) | 4.35 | MEDIUM VOLATILITY | The ATR as a percentage value for NE suggests some volalility. |
Average Directional Index/ADX (14) | 28.91 | POSITIVE | The high ADX value value for NE suggests a strong trend. |
23.26
-0.01 (-0.04%)