NATURAL GROCERS BY VITAMIN C (NGVC) Stock Technical Analysis
NYSE:NGVC - New York Stock Exchange, Inc. - US63888U1088 - Common Stock - Currency: USD
Overall NGVC gets a technical rating of 4 out of 10. Although NGVC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, we notice that NGVC is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, NGVC also shows a nice and consistent pattern of rising prices.
NGVC is part of the Consumer Staples Distribution & Retail industry. There are 40 other stocks in this industry. NGVC outperforms 76% of them.
NGVC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGVC is lagging the market.
In the last month NGVC has a been trading in the 35.87 - 44.49 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NGVC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 39.23. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NGVC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
36.24
44.48
When analyzing the support we can see 2 important areas.
- Support @37.78 from a trend line in the daily time frame.
- Support @36.61 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 39.23 to 40.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 43.40 to 44.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 83.67 | POSITIVE | NGVC has a high relative strength, it outperformed 83.67% 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) | DOWN | NEGATIVE | The current price of NGVC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NGVC is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.91 | NEUTRAL | The RSI value for NGVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.18 | POSITIVE | The MACD value suggests NGVC has a positive trend. |
| Stochastics (14,3) | 35.98 | NEUTRAL | The Stochastics value for NGVC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.21 | HIGH VOLATILITY | The high ATR as a percentage value for NGVC suggests high volalility. |
| Average Directional Index/ADX (14) | 29.82 | POSITIVE | The high ADX value value for NGVC suggests a strong trend. |
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)
39.08
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryConsumer Staples Distribution & Retail
Performance
% Chg0%
1 Week-2.52%
2 Weeks5.25%
1 Month-10.31%
3 Month-13.65%
6 Month1.82%
12 Month68.09%
2 Year213.9%
3 Year135.71%
5 Year146.87%
10 Year46.15%
15 YearN/A
Volatility
ATR(14)2.11
ATR(20)%5.21%
ATR Inc-34.1%
Range Today1.38
ADR(20)2.03
ADR(20)%5.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.67
Mansfield-0.45
10 Day High40.61
10 Day Low36
20 Day High44.5
20 Day Low35.87
52 Week High61.22
52 Week Low22.14
CS1 End37.78
CR1 Start39.23
Volume & EV
DER(3)4.32%
DER(5)1.83%
Volume180.20K
Volume Incr-24.12%
Vol(5)234.56K
Vol(50)259.36K