NATURAL GROCERS BY VITAMIN C (NGVC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NGVC - US63888U1088 - Common Stock
Overall NGVC gets a technical rating of 0 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 technical rating of NGVC is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
27.24
When analyzing the support we notice one important area.
- A support zone ranging from 27.52 to 27.52. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 35.46 to 35.69. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @36.44 from a trend line in the daily time frame.
- Resistance @38.10 from a trend line in the daily time frame.
- A resistance zone ranging from 40.09 to 41.08. This zone is formed by a combination of multiple trend lines 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 | 9.44 | NEGATIVE | NGVC has a low relative strength, it was outperformed by 90.56% 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) | DOWN | NEGATIVE | The current price of NGVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 24.94 | OVERSOLD | The low RSI value suggests NGVC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.2 | NEGATIVE | The MACD value suggests NGVC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.03 | OVERSOLD | The low Stochastics value suggests NGVC may be oversold. |
| Average True Range in percent/ATR (20) | 5.55 | HIGH VOLATILITY | The high ATR as a percentage value for NGVC suggests high volalility. |
| Average Directional Index/ADX (14) | 47.32 | POSITIVE | The high ADX value value for NGVC suggests a strong trend. |
27.53
-0.22 (-0.79%)
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 0 / 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 24.9364. This indicates that the stock is currently oversold.
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 -0.195015, indicating a bearish trend.
Can you provide the buy/sell signal for NATURAL GROCERS BY VITAMIN C?
The buy/sell signal for NATURAL GROCERS BY VITAMIN C (NGVC) is sell as both the short term and long term trends are negative.