NATURAL GAS SERVICES GROUP (NGS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NGS - US63886Q1094 - Common Stock
We assign a technical rating of 10 out of 10 to NGS. 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.
Although NGS has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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18.27
7 important support areas can be observed.
- A support zone ranging from 32.95 to 32.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 31.36 to 31.65. 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 30.67 to 30.81. 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 28.26 to 28.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @25.99 from a horizontal line in the daily time frame.
- Support @24.01 from a horizontal line in the daily time frame.
- Support @18.45 from a horizontal line in the weekly 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 | 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 | 87.3 | POSITIVE | NGS has a high relative strength, it outperformed 87.3% 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) | UP | POSITIVE | The current price of NGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.52 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NGS has a positive trend. |
| Stochastics (14,3) | 80.98 | OVERBOUGHT | The high Stochastics value suggests NGS may be overbought. |
| Average True Range in percent/ATR (20) | 3.94 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 35.99 | POSITIVE | The high ADX value value for NGS suggests a strong trend. |
33.4
+0.44 (+1.33%)
NATURAL GAS SERVICES GROUP / NGS FAQ
Can you provide the ChartMill technical rating for NATURAL GAS SERVICES GROUP?
ChartMill assigns a technical rating of 10 / 10 to NGS.
Can you provide the trend direction for NATURAL GAS SERVICES GROUP?
The current trend direction for NATURAL GAS SERVICES GROUP (NGS) is Bullish.
Can you provide the RSI signal for NATURAL GAS SERVICES GROUP?
NATURAL GAS SERVICES GROUP (NGS) has an RSI value of 67.515. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NATURAL GAS SERVICES GROUP?
The MACD indicator for NATURAL GAS SERVICES GROUP (NGS) has a value of 0.0930471, indicating a bearish trend.
What is the buy/sell signal for NGS stock?
The buy/sell signal for NATURAL GAS SERVICES GROUP (NGS) is buy as both the short term and long term trends are positive.