USA - NYSEARCA:NFLP - US5009488074 - ETF
We assign a technical rating of 1 out of 10 to NFLP. NFLP has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, NFLP does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 36.15, a Stop Loss order could be placed below this zone.
32.24
We found 2 important support areas.
We can see 2 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 | NEUTRAL | NEUTRAL | The long term trend for NFLP is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NFLP is down. |
ChartMill Relative Strength | 48.34 | NEUTRAL | NFLP is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NFLP is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NFLP is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | MIXED | The current price of NFLP is below the rising SMA(200). |
Relative Strength Index/RSI (14) | 44.05 | NEUTRAL | The RSI value for NFLP is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NFLP has a negative trend. |
Stochastics (14,3) | 15.15 | OVERSOLD | The low Stochastics value suggests NFLP may be oversold. |
Average True Range in percent/ATR (20) | 1.67 | LOW VOLATILITY | The low ATR as a percentage value for NFLP suggests low volalility. |
Average Directional Index/ADX (14) | 19.52 | NEGATIVE | The low ADX value for NFLP suggests a weak or negative trend. |
36.9922
+0.09 (+0.24%)