NATURAL GAS SERVICES GROUP (NGS)

US63886Q1094 - Common Stock

22.39  -0.05 (-0.22%)

After market: 21.88 -0.51 (-2.28%)

Technical Rating and Analysis

10

Overall NGS gets a technical rating of 10 out of 10. 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.

In the last month NGS has a been trading in the 21.88 - 24.90 range, which is quite wide. It is currently trading near the lows of this range.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NGS did better than 96% of all other stocks. On top of that, NGS also shows a nice and consistent pattern of rising prices.
NGS is one of the better performing stocks in the Energy Equipment & Services industry, it outperforms 96% of 65 stocks in the same industry.
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.
Weekly and Daily overview Charts
NGS Weekly chart
NGS Daily chart
Setup Rating and Analysis

7

NGS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.

Support and Resistance Analysis

9.78

24.51

We found 4 important support areas.

  • A support zone ranging from 22.08 to 22.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 20.14 to 20.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @15.32 from a trend line in the weekly time frame.
  • Support @9.88 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

  • Resistance @22.59 from a trend line in the daily time frame.
  • Resistance @24.27 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.99
Mansfield4.33
10 Day High24.9
10 Day Low21.88
20 Day High24.9
20 Day Low21.88
52 Week High24.9
52 Week Low9.55
Performance
1 Week-5.88%
2 Weeks-4.28%
1 Month-5.21%
3 Month52.52%
6 Month51.69%
12 Month113.44%
2 Year57.12%
3 Year116.75%
5 Year47.01%
10 Year-25.47%
15 Year50.67%
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)
Technical Indicators
MACD(12,26,9)-0.4
RSI(14)50.59
LBB21.92
UBB24.73
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.

ENTRYEXITDISTANCECAPITAL
22.6022.070.53 (2.35%)25.00%
An entry @22.60. This is a Buy Stop order right above the resistance zone.An exit @22.07. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.53 points, which is 2.35%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.59%.

  • The distance between exit and entry is rather small compared to the average daily movement of NGS. Please evaluate whether better entry and exit points can be found.
  • 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 Daily chart

NATURAL GAS SERVICES GROUP

NYSE:NGS (5/3/2024, 7:08:37 PM)

After market: 21.88 -0.51 (-2.28%)

22.39

-0.05 (-0.22%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryEnergy Equipment & Services
Performance
% Chg-0.22%
1 Week-5.88%
2 Weeks-4.28%
1 Month-5.21%
3 Month52.52%
6 Month51.69%
12 Month113.44%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.94
ATR(20)%3.95%
ATR Inc
Range Today0.43
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High24.9
10 Day Low21.88
20 Day High24.9
20 Day Low21.88
52 Week High24.9
52 Week Low9.55
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume37.70K
Volume Incr-42.73%
Vol(5)67.32K
Vol(50)79.06K