NATURAL GROCERS BY VITAMIN C (NGVC) Stock Technical Analysis
USA - NYSE:NGVC - US63888U1088 - Common Stock
Overall NGVC gets a technical rating of 5 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.
Although the technical rating is only medium, NGVC does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. 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
35.18
4 important support areas can be observed.
- A support zone ranging from 38.36 to 39.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @37.50 from a trend line in the weekly time frame.
- Support @36.62 from a horizontal line in the weekly time frame.
- A support zone ranging from 35.54 to 35.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 39.60 to 41.09. 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 | NEUTRAL | NEUTRAL | The long term trend for NGVC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGVC is up. |
| ChartMill Relative Strength | 81.2 | POSITIVE | NGVC has a high relative strength, it outperformed 81.2% 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 | MIXED | The current price of NGVC is above 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) | 51.36 | NEUTRAL | The RSI value for NGVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NGVC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 70.6 | NEUTRAL | The Stochastics value for NGVC is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for NGVC suggests some volalility. |
| Average Directional Index/ADX (14) | 9.52 | NEGATIVE | The low ADX value for NGVC suggests a weak or negative trend. |
39.5
-0.2 (-0.5%)
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 5 / 10 to NGVC.
Can you provide the trend direction for NATURAL GROCERS BY VITAMIN C?
The current trend direction for NATURAL GROCERS BY VITAMIN C (NGVC) is Bearish.
What is the RSI signal for NATURAL GROCERS BY VITAMIN C (NGVC) stock?
NATURAL GROCERS BY VITAMIN C (NGVC) has an RSI value of 51.3574. 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 0.0191463, indicating a bearish trend.