NYSE:NGS - New York Stock Exchange, Inc. - US63886Q1094 - Common Stock - Currency: USD
Taking everything into account, NGS scores 3 out of 10 in our technical rating. Although NGS is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NGS has a bad 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 24.34, a Stop Loss order could be placed below this zone.
18.27
3 important support areas can be observed.
When analyzing the resistance we notice one important 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 | NEUTRAL | NEUTRAL | The long term trend for NGS is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGS is neutral. |
ChartMill Relative Strength | 80.44 | POSITIVE | NGS has a high relative strength, it outperformed 80.44% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGS is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGS is below a declining 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) | 46.66 | NEUTRAL | The RSI value for NGS is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NGS has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 37.16 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
Average Directional Index/ADX (14) | 14.91 | NEGATIVE | The low ADX value for NGS suggests a weak or negative trend. |
24.35
+0.07 (+0.29%)