NATURAL GAS SERVICES GROUP (NGS) Technical Analysis
NYSE:NGS • US63886Q1094
Current stock price
NGS Technical Rating and Analysis
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.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- When comparing the yearly performance of all stocks, we notice that NGS is one of the better performing stocks in the market, outperforming 90% of all stocks. On top of that, NGS also shows a nice and consistent pattern of rising prices.
- 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 36.07 - 40.73 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.
- NGS is part of the Energy Equipment & Services industry. There are 61 other stocks in this industry, NGS did better than 58% of them.
NGS Weekly and Daily overview Charts
NGS Setup Rating and Analysis
Besides having an excellent technical rating, NGS also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 39.82. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 38.67, a Stop Loss order could be placed below this zone.
More info and screens
NGS Support and Resistance Analysis
18.27
4 important support areas can be observed.
- A support zone ranging from 37.18 to 38.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 35.58 to 35.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @33.41 from a trend line in the weekly time frame.
- Support @18.45 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 39.82 to 39.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
NGS Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for NGS is neutral. |
| ChartMill Relative Strength | 90.63 | POSITIVE | NGS has a high relative strength, it outperformed 90.63% 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) | 54.25 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NGS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 60.17 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.13 | NEGATIVE | The low ADX value for NGS suggests a weak or negative trend. |
NGS Chart- and CandleStick Pattern Analysis
NGS Example Setup
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 |
|---|---|---|---|
| 39.84 | 37.17 | 2.67 (6.70%) | 14.92% |
| An entry @39.84. This is a Buy Stop order right above the resistance zone. | An exit @37.17. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.67 points, which is 6.70%. | For a 1.00% total portfolio risk, you can invest 14.92% of your capital in this trade. |
- 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.
NGS Technicals: Chart, Performance Metrics, Trend & Indicators
38.75
+0.06 (+0.16%)
NATURAL GAS SERVICES GROUP / NGS TA FAQ
Can you provide the ChartMill technical rating for NATURAL GAS SERVICES GROUP?
ChartMill assigns a technical rating of 10 / 10 to NGS.
What is the trend direction for NGS stock?
The current trend direction for NATURAL GAS SERVICES GROUP (NGS) is Bullish.
What is the RSI signal for NGS stock?
NATURAL GAS SERVICES GROUP (NGS) has an RSI value of 54.2466. This indicates that the stock is currently neutral.
What is the short term momentum for NATURAL GAS SERVICES GROUP (NGS) stock?
The short term momentum for NATURAL GAS SERVICES GROUP (NGS) is neutral.