Northern Genesis Acquisition Corp (NGA) Stock Technical Analysis
NYSE:NGA - New York Stock Exchange, Inc. -
We assign a technical rating of 1 out of 10 to NGA. NGA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
When comparing the yearly performance of all stocks, NGA is a bad performer in the overall market: 100% of all stocks are doing better.
NGA is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
NGA has an average volume of 1503630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
In the last month NGA has a been trading in the 12.76 - 19.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NGA does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 17.77. Right above this resistance zone may be a good entry point.
More info and screens
13.41
18.54
When analyzing the support we can see 2 important areas.
- Support @15.17 from a horizontal line in the weekly time frame.
- Support @13.55 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.77 to 17.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.36 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.21
10 Day Low15.55
20 Day High19.21
20 Day Low12.76
52 Week High35.25
52 Week Low9.6
Performance
1 Week-12.59%
2 Weeks6.59%
1 Month-6.21%
3 Month-36.56%
6 Month60.26%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)44.48
LBB13.39
UBB20.28
16.17
-1.13 (-6.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.53%
1 Week-12.59%
2 Weeks6.59%
1 Month-6.21%
3 Month-36.56%
6 Month60.26%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%8.48%
ATR Inc-28.34%
Range Today1.56
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.21
10 Day Low15.55
20 Day High19.21
20 Day Low12.76
52 Week High35.25
52 Week Low9.6
CS1 End15.17
CR1 Start17.77
Volume & EV
DER(3)-0.54%
DER(5)-1.18%
Volume1.24M
Volume Incr-35.21%
Vol(5)796.28K
Vol(50)1.50M