We assign a technical rating of 1 out of 10 to NFC. NFC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
Although the technical rating is bad, NFC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 10.10, a Stop Loss order could be placed below this zone.
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10.00
When analyzing the support we notice one important area.
- A support zone ranging from 10.10 to 10.10. 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 10.12 to 10.35. 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 NFC is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFC is down. |
| ChartMill Relative Strength | 26.62 | NEGATIVE | NFC has a low relative strength, it was outperformed by 73.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NFC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.09 | NEUTRAL | The RSI value for NFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NFC has a negative trend. |
| Stochastics (14,3) | 20.99 | NEUTRAL | The Stochastics value for NFC is a neutral value. |
| Average True Range in percent/ATR (20) | 1 | LOW VOLATILITY | The low ATR as a percentage value for NFC suggests low volalility. |
NYSEARCA:NFC (12/18/2019, 8:16:35 PM)
10.11
-0.08 (-0.79%)
NEW FRONTIER CORP / NFC FAQ
What is the ChartMill technical rating of NEW FRONTIER CORP (NFC) stock?
ChartMill assigns a technical rating of 1 / 10 to NFC.
What is the current trend direction of NEW FRONTIER CORP (NFC) stock?
The current trend direction for NEW FRONTIER CORP (NFC) is Bullish.
Can you provide the RSI signal for NEW FRONTIER CORP?
NEW FRONTIER CORP (NFC) has an RSI value of 32.0891. This indicates that the stock is currently neutral.
What is the short term momentum for NFC stock?
The short term momentum for NEW FRONTIER CORP (NFC) is negative.
What is the buy/sell signal for NEW FRONTIER CORP (NFC) stock?
The buy/sell signal for NEW FRONTIER CORP (NFC) is hold as the short term and long term trends are mixed.