NATURAL GAS SERVICES GROUP (NGS) Stock Technical Analysis
USA - NYSE:NGS - US63886Q1094 - Common Stock
27.34 USD
+0.55 (+2.05%)
27.34 USD
0 (0%)
Taking everything into account, NGS scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NGS is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NGS is one of the better performing stocks in the market, outperforming 76% of all stocks.
NGS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 85% of 61 stocks in the same industry.
NGS is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NGS is lagging the market slightly.
In the last month NGS has a been trading in the 25.05 - 27.64 range, which is quite wide. It is currently trading near the high of this range.
NGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 27.65. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 26.85, 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
18.27
28.46
When analyzing the support we can see 6 important areas.
- A support zone ranging from 26.03 to 26.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 25.28 to 25.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @24.01 from a horizontal line in the daily time frame.
- A support zone ranging from 23.29 to 23.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @19.74 from a trend line in the weekly time frame.
- Support @18.45 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 27.65 to 28.18. 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 NGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGS is up. |
| ChartMill Relative Strength | 76.74 | POSITIVE | NGS has a high relative strength, it outperformed 76.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NGS is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 60.84 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NGS has a positive trend. |
| Stochastics (14,3) | 77.47 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 10.78 | NEGATIVE | The low ADX value for NGS suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 28.19 | 26.02 | 2.17 (7.70%) | 12.99% |
| An entry @28.19. This is a Buy Stop order right above the resistance zone. | An exit @26.02. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.17 points, which is 7.70%. | When investing 12.99% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
27.34
+0.55 (+2.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg2.05%
1 Week2.82%
2 Weeks0.89%
1 Month7.51%
3 Month1.52%
6 Month26.28%
12 Month37.46%
2 Year87.77%
3 Year172.31%
5 Year223.55%
10 Year41.66%
15 Year85.1%
Volatility
ATR(14)0.74
ATR(20)%3.06%
ATR Inc12.31%
Range Today0.6
ADR(20)0.81
ADR(20)%2.96%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.74
Mansfield0.23
10 Day High27.64
10 Day Low25.93
20 Day High27.64
20 Day Low25.05
52 Week High29.74
52 Week Low16.73
CS1 End26.85
CR1 Start27.65
Volume & EV
DER(3)-3.96%
DER(5)-2.15%
Volume67.30K
Volume Incr-3.57%
Vol(5)51.50K
Vol(50)53.60K