NEFF CORP (NEFF) Technical Analysis
NYSE:NEFF • US6400942073
Current stock price
NEFF Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to NEFF. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEFF is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NEFF did better than 97% of all other stocks. We also observe that the gains produced by NEFF over the past year are nicely spread over this period.
- NEFF is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NEFF is leading the market.
- NEFF 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.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- In the last month NEFF has a been trading in a tight range between 24.85 and 25.13.
NEFF Weekly and Daily overview Charts
NEFF Setup Rating and Analysis
NEFF 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 very little resistance above the current price. There is a support zone below the current price at 24.98, a Stop Loss order could be placed below this zone.
More info and screens
NEFF Support and Resistance Analysis
13.94
We found 4 important support areas.
- A support zone ranging from 24.90 to 24.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @18.73 from a trend line in the daily time frame.
- Support @17.65 from a trend line in the weekly time frame.
- Support @14.08 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @25.05 from a horizontal line in the weekly time frame.
NEFF 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 NEFF is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEFF is up. |
| ChartMill Relative Strength | 97.82 | POSITIVE | NEFF has a high relative strength, it outperformed 97.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEFF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEFF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEFF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.39 | NEUTRAL | The RSI value for NEFF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NEFF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 48.48 | NEUTRAL | The Stochastics value for NEFF is a neutral value. |
| Average True Range in percent/ATR (20) | 0.34 | LOW VOLATILITY | The low ATR as a percentage value for NEFF suggests low volalility. |
NEFF Chart- and CandleStick Pattern Analysis
NEFF 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 |
|---|---|---|---|
| 25.06 | 24.94 | 0.12 (0.48%) | 25.00% |
| An entry @25.06. This is a Buy Stop order right above the resistance zone. | An exit @24.94. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.12 points, which is 0.48%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- The distance between exit and entry is rather small compared to the average daily movement of NEFF. 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.
NEFF Technicals: Chart, Performance Metrics, Trend & Indicators
25
0 (0%)
NEFF CORP / NEFF TA FAQ
What is the technical rating for NEFF stock?
ChartMill assigns a technical rating of 10 / 10 to NEFF.
Can you provide the trend direction for NEFF CORP?
The current trend direction for NEFF CORP (NEFF) is Bullish.
What is the RSI signal for NEFF stock?
NEFF CORP (NEFF) has an RSI value of 66.3876. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEFF CORP?
The short term momentum for NEFF CORP (NEFF) is positive.
What are the support and resistance levels for NEFF CORP (NEFF) stock?
NEFF CORP (NEFF) has a support level at 24.98 and a resistance level at 25.05. Check the full technical report for our detailed analysis of NEFF support and resistance levels.