NATURAL GROCERS BY VITAMIN C (NGVC) Stock Technical Analysis
NYSE:NGVC • US63888U1088
Overall NGVC gets a technical rating of 1 out of 10. NGVC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NGVC is a bad performer in the overall market: 89% of all stocks are doing better.
- NGVC is one of the lesser performing stocks in the Consumer Staples Distribution & Retail industry. 70% of 38 stocks in the same industry do better.
- NGVC is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NGVC has a been trading in the 24.34 - 31.23 range, which is quite wide. It is currently trading near the lows of this range.
NGVC has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
24.45
We found 1 important support area.
- Support @24.70 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 6 important areas.
- A resistance zone ranging from 25.35 to 26.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @26.87 from a trend line in the weekly time frame.
- A resistance zone ranging from 27.30 to 27.32. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @28.04 from a horizontal line in the daily time frame.
- Resistance @32.51 from a trend line in the daily time frame.
- Strong resistance @40.09 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for NGVC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGVC is down. |
| ChartMill Relative Strength | 11.7 | NEGATIVE | NGVC has a low relative strength, it was outperformed by 88.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGVC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGVC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NGVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.08 | NEUTRAL | The RSI value for NGVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.13 | NEGATIVE | The MACD value suggests NGVC has a negative trend. |
| Stochastics (14,3) | 11.41 | OVERSOLD | The low Stochastics value suggests NGVC may be oversold. |
| Average True Range in percent/ATR (20) | 5.67 | HIGH VOLATILITY | The high ATR as a percentage value for NGVC suggests high volalility. |
| Average Directional Index/ADX (14) | 28.7 | POSITIVE | The high ADX value value for NGVC suggests a strong trend. |
25.11
-0.03 (-0.12%)
NATURAL GROCERS BY VITAMIN C / NGVC FAQ
What is the ChartMill technical rating of NATURAL GROCERS BY VITAMIN C (NGVC) stock?
ChartMill assigns a technical rating of 1 / 10 to NGVC.
What is the trend direction for NGVC stock?
The current trend direction for NATURAL GROCERS BY VITAMIN C (NGVC) is Bearish.
What is the RSI signal for NGVC stock?
NATURAL GROCERS BY VITAMIN C (NGVC) has an RSI value of 44.078. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NATURAL GROCERS BY VITAMIN C?
The MACD indicator for NATURAL GROCERS BY VITAMIN C (NGVC) has a value of -0.132379, indicating a bearish trend.
What is the buy/sell signal for NGVC stock?
The buy/sell signal for NATURAL GROCERS BY VITAMIN C (NGVC) is sell as both the short term and long term trends are negative.