NATURAL GAS SERVICES GROUP (NGS) Technical Analysis
NYSE:NGS • US63886Q1094
Current stock price
NGS Technical Rating and Analysis
Taking everything into account, NGS scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month NGS has a been trading in the 35.02 - 39.99 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- Looking at the yearly performance, NGS did better than 88% of all other stocks. We also observe that the gains produced by NGS over the past year are nicely spread over this period.
- NGS is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGS is performing more or less in line with the market.
- NGS is an average performer in the Energy Equipment & Services industry, it outperforms 52% of 60 stocks in the same industry.
NGS Weekly and Daily overview Charts
NGS Setup Rating and Analysis
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.
More info and screens
NGS Support and Resistance Analysis
18.27
3 important support areas can be observed.
- A support zone ranging from 35.31 to 35.58. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.98 from a trend line in the weekly time frame.
- Support @18.45 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 37.82 to 38.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @39.01 from a horizontal line in the daily time frame.
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 | 88.38 | POSITIVE | NGS has a high relative strength, it outperformed 88.38% 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) | 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) | 39.27 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.39 | NEGATIVE | The MACD value suggests NGS has a negative trend. |
| Stochastics (14,3) | 23.38 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.03 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 14 | NEGATIVE | The low ADX value for NGS suggests a weak or negative trend. |
NGS Chart- and CandleStick Pattern Analysis
NGS Technicals: Chart, Performance Metrics, Trend & Indicators
35.59
-0.58 (-1.6%)
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 9 / 10 to NGS.
What is the current trend direction of NATURAL GAS SERVICES GROUP (NGS) stock?
The current trend direction for NATURAL GAS SERVICES GROUP (NGS) is Bullish.
What is the RSI signal for NATURAL GAS SERVICES GROUP (NGS) stock?
NATURAL GAS SERVICES GROUP (NGS) has an RSI value of 39.2659. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NATURAL GAS SERVICES GROUP?
NATURAL GAS SERVICES GROUP (NGS) has a support level at 35.58 and a resistance level at 37.82. Check the full technical report for our detailed analysis of NGS support and resistance levels.