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. Both in the recent history as in the last year, NGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NGS is one of the better performing stocks in the market, outperforming 92% of all stocks. We also observe that the gains produced by NGS over the past year are nicely spread over this period.
- NGS is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NGS has a been trading in the 36.46 - 41.51 range, which is quite wide. It is currently trading near the high of this range.
- NGS is part of the Energy Equipment & Services industry. There are 62 other stocks in this industry, NGS did better than 57% 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 very little resistance above the current price. There is a support zone below the current price at 39.24, a Stop Loss order could be placed below this zone.
More info and screens
NGS Support and Resistance Analysis
18.27
We found 6 important support areas.
- A support zone ranging from 38.01 to 39.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.31 from a trend line in the daily time frame.
- Support @36.55 from a horizontal line in the daily time frame.
- Support @35.58 from a horizontal line in the weekly time frame.
- Support @33.98 from a trend line in the weekly time frame.
- Support @18.45 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for NGS is up. |
| ChartMill Relative Strength | 92.83 | POSITIVE | NGS has a high relative strength, it outperformed 92.83% 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) | 66.65 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.3 | POSITIVE | The MACD value suggests NGS has a positive trend. |
| Stochastics (14,3) | 92.25 | OVERBOUGHT | The high Stochastics value suggests NGS may be overbought. |
| Average True Range in percent/ATR (20) | 3.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 15.42 | 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 |
|---|---|---|---|
| 41.52 | 36.45 | 5.07 (12.21%) | 8.19% |
| An entry @41.52. This is a Buy Stop order right above the 10 day high. | An exit @36.45. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.07 points, which is 12.21%. | For a 1.00% total portfolio risk, you can invest 8.19% 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
41.29
+0.6 (+1.47%)
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 66.6529. 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 positive.
What is the buy/sell signal for NATURAL GAS SERVICES GROUP (NGS) stock?
The buy/sell signal for NATURAL GAS SERVICES GROUP (NGS) is buy as both the short term and long term trends are positive.