Overall NGHC gets a technical rating of 5 out of 10. NGHC was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, NGHC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 34.13, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
33.40
We found 1 important support area.
We found 1 important resistance area.
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 NGHC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGHC is neutral. |
| ChartMill Relative Strength | 76.64 | POSITIVE | NGHC has a high relative strength, it outperformed 76.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NGHC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGHC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGHC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.2 | NEUTRAL | The RSI value for NGHC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NGHC has a positive trend. |
| Stochastics (14,3) | 59.6 | NEUTRAL | The Stochastics value for NGHC is a neutral value. |
| Average True Range in percent/ATR (20) | 0.3 | LOW VOLATILITY | The low ATR as a percentage value for NGHC suggests low volalility. |
34.18
+0.03 (+0.09%)
ChartMill assigns a technical rating of 5 / 10 to NGHC.
The current trend direction for National General Hld (NGHC) is Bullish.
National General Hld (NGHC) has an RSI value of 57.1954. This indicates that the stock is currently neutral.
The short term momentum for National General Hld (NGHC) is neutral.