NGM BIOPHARMACEUTICALS INC (NGM) Stock Technical Analysis
NASDAQ:NGM - Nasdaq - US62921N1054 - Common Stock - Currency: USD
Overall NGM gets a technical rating of 4 out of 10. In the past year, NGM was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NGM is a bad performer in the overall market: 86% of all stocks are doing better.
NGM is one of the lesser performing stocks in the Pharmaceuticals industry. 64% of 193 stocks in the same industry do better.
NGM is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NGM has an average volume of 1031090 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NGM has a been trading in the 1.52 - 1.63 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NGM 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 1.53, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NGM in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.51
1.66
We found 1 important support area.
- A support zone ranging from 1.53 to 1.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 1.54 to 1.56. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @1.60 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 1.63 to 1.64. This zone is formed by a combination of multiple trend lines in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for NGM is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGM is neutral. |
| ChartMill Relative Strength | 14.37 | NEGATIVE | NGM has a low relative strength, it was outperformed by 85.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NGM is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NGM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.54 | NEUTRAL | The RSI value for NGM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NGM has a negative trend. |
| Stochastics (14,3) | 23.33 | NEUTRAL | The Stochastics value for NGM is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NGM suggests some volalility. |
| Average Directional Index/ADX (14) | 42.14 | POSITIVE | The high ADX value value for NGM suggests a strong trend. |
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)
1.54
-0.02 (-1.28%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.28%
1 Week-4.94%
2 Weeks-0.65%
1 Month1.32%
3 Month14.93%
6 Month20.31%
12 Month-59.79%
2 Year-87.66%
3 Year-94.4%
5 Year-90.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%2.29%
ATR Inc-33.33%
Range Today0.03
ADR(20)0.03
ADR(20)%2.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS14.37
Mansfield-3.25
10 Day High1.63
10 Day Low1.53
20 Day High1.63
20 Day Low1.52
52 Week High4.69
52 Week Low0.6
CS1 End1.53
CR1 Start1.54
Volume & EV
DER(3)1.47%
DER(5)3.71%
Volume2.39M
Volume Incr14.98%
Vol(5)1.14M
Vol(50)1.03M