INGEVITY CORP (NGVT) Stock Technical Analysis
NYSE:NGVT - US45688C1071 - Common Stock
58.8 USD
-0.58 (-0.98%)
58.8 USD
0 (0%)
Taking everything into account, NGVT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NGVT 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!
Looking at the yearly performance, NGVT did better than 90% of all other stocks.
NGVT is one of the better performing stocks in the Chemicals industry, it outperforms 95% of 83 stocks in the same industry.
A new 52 week high is currently being made by NGVT, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NGVT has a been trading in the 52.01 - 60.50 range, which is quite wide. It is currently trading near the high of this range.
NGVT has an excellent technical rating, but the quality of the setup is only medium 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
40.31
60.38
When analyzing the support we can see 3 important areas.
- Support @54.53 from a horizontal line in the daily time frame.
- A support zone ranging from 43.57 to 43.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.72 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 59.78 to 59.78. 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 | UP | POSITIVE | The long term trend for NGVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGVT is up. |
| ChartMill Relative Strength | 90.96 | POSITIVE | NGVT has a high relative strength, it outperformed 90.96% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.8 | NEUTRAL | The RSI value for NGVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NGVT has a negative trend. |
| Stochastics (14,3) | 87.5 | OVERBOUGHT | The high Stochastics value suggests NGVT may be overbought. |
| Average True Range in percent/ATR (20) | 2.47 | MEDIUM VOLATILITY | The ATR as a percentage value for NGVT suggests some volalility. |
| Average Directional Index/ADX (14) | 43.32 | POSITIVE | The high ADX value value for NGVT 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)
58.8
-0.58 (-0.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryChemicals
Performance
% Chg-0.98%
1 Week0.43%
2 Weeks3.39%
1 Month12.64%
3 Month39.97%
6 Month33.79%
12 Month52.49%
2 Year23.5%
3 Year-3.02%
5 Year18.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.42
ATR(20)%2.47%
ATR Inc8.02%
Range Today1.96
ADR(20)1.41
ADR(20)%2.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.96
Mansfield2.39
10 Day High60.5
10 Day Low56.16
20 Day High60.5
20 Day Low52.01
52 Week High60.5
52 Week Low28.49
CS1 End54.53
CR1 Start59.78
Volume & EV
DER(3)-0.87%
DER(5)-1.06%
Volume275.80K
Volume Incr-36.83%
Vol(5)224.71K
Vol(50)270.41K