National General Hld (NGHC) Stock Technical Analysis
USA - NASDAQ:NGHC -
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.
NGHC has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 34.13, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
33.40
When analyzing the support we notice one important area.
- A support zone ranging from 33.74 to 34.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.18 to 34.24. This zone is formed by a combination of multiple trend lines 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 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%)
National General Hld / NGHC FAQ
Can you provide the ChartMill technical rating for National General Hld?
ChartMill assigns a technical rating of 5 / 10 to NGHC.
What is the current trend direction of National General Hld (NGHC) stock?
The current trend direction for National General Hld (NGHC) is Bullish.
What is the RSI signal for National General Hld (NGHC) stock?
National General Hld (NGHC) has an RSI value of 57.1954. This indicates that the stock is currently neutral.
Can you provide the short term momentum for National General Hld?
The short term momentum for National General Hld (NGHC) is neutral.