NATURAL GAS SERVICES GROUP (NGS) Stock Technical Analysis
NYSE:NGS - New York Stock Exchange, Inc. - US63886Q1094 - Common Stock - Currency: USD
We assign a technical rating of 5 out of 10 to NGS. In the last year, NGS was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Looking at the yearly performance, NGS did better than 82% of all other stocks.
NGS is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry. NGS outperforms 81% of them.
In the last month NGS has a been trading in the 22.72 - 25.28 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NGS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGS is lagging the market.
NGS has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.30, a Stop Loss order could be placed below this zone.
More info and screens
18.27
28.06
We found 4 important support areas.
- A support zone ranging from 24.12 to 24.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 @19.29 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 26.51 to 27.78. 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 | NEUTRAL | NEUTRAL | The long term trend for NGS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGS is down. |
| ChartMill Relative Strength | 82.15 | POSITIVE | NGS has a high relative strength, it outperformed 82.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NGS is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGS is below 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) | 48.48 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 49.24 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 14.3 | 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)
24.31
+0.19 (+0.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg0.79%
1 Week-1.3%
2 Weeks1.08%
1 Month-3.3%
3 Month18.82%
6 Month-5.04%
12 Month26.29%
2 Year123.85%
3 Year118.42%
5 Year197.19%
10 Year12.08%
15 Year71.2%
Volatility
ATR(14)0.78
ATR(20)%3.19%
ATR Inc22.24%
Range Today0.74
ADR(20)0.76
ADR(20)%3.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.15
Mansfield-0.31
10 Day High25.13
10 Day Low22.72
20 Day High25.28
20 Day Low22.72
52 Week High29.74
52 Week Low16.73
CS1 End24.3
CR1 Start26.51
Volume & EV
DER(3)1.06%
DER(5)-2.43%
Volume50.20K
Volume Incr15.84%
Vol(5)58.70K
Vol(50)67.09K