NYSE:NGVT - New York Stock Exchange, Inc. - US45688C1071 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NGVT. 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.
Besides having an excellent technical rating, NGVT also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 47.99. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 45.65, a Stop Loss order could be placed below this zone.
40.30
2 important support areas can be observed.
We found 1 important resistance area.
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 | 81.68 | POSITIVE | NGVT has a high relative strength, it outperformed 81.68% 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) | 57.33 | 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) | 63.3 | NEUTRAL | The Stochastics value for NGVT is a neutral value. |
Average True Range in percent/ATR (20) | 3.43 | MEDIUM VOLATILITY | The ATR as a percentage value for NGVT suggests some volalility. |
Average Directional Index/ADX (14) | 17.65 | NEGATIVE | The low ADX value for NGVT suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
48.59 | 45.05 | 3.54 (7.29%) | 13.73% |
An entry @48.59. This is a Buy Stop order right above the resistance zone. | An exit @45.05. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 3.54 points, which is 7.29%. | For a 1.00% total portfolio risk, you can invest 13.73% of your capital in this trade. |
46.16
-0.16 (-0.35%)