NATIONAL BANKSHARES INC/VA (NKSH) Stock Technical Analysis
NASDAQ:NKSH - US6348651091 - Common Stock
30.54 USD
+1.82 (+6.34%)
30.54 USD
0 (0%)
Overall NKSH gets a technical rating of 7 out of 10. In the last year, NKSH was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Warning: NKSH has an average volume of 15026 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NKSH has a been trading in the 27.03 - 30.78 range, which is quite wide. It is currently trading near the high of this range.
When compared to the yearly performance of all other stocks, NKSH outperforms 55% of them, which is more or less in line with the market.
NKSH is part of the Banks industry. There are 393 other stocks in this industry, NKSH did better than 42% of them.
NKSH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NKSH is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NKSH has an excellent technical rating, it does not offer a high 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
24.59
32.11
When analyzing the support we can see 5 important areas.
- Support @30.25 from a horizontal line in the daily time frame.
- A support zone ranging from 28.05 to 29.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 27.11 to 27.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 26.06 to 26.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 24.84 to 25.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 30.55 to 30.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @31.79 from a horizontal line in the weekly time frame.
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 NKSH is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NKSH is up. |
| ChartMill Relative Strength | 55.53 | NEUTRAL | NKSH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NKSH is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NKSH is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NKSH is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.11 | NEUTRAL | The RSI value for NKSH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NKSH has a positive trend. |
| Stochastics (14,3) | 70.52 | NEUTRAL | The Stochastics value for NKSH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.16 | MEDIUM VOLATILITY | The ATR as a percentage value for NKSH suggests some volalility. |
| Average Directional Index/ADX (14) | 11.71 | NEGATIVE | The low ADX value for NKSH suggests a weak or negative 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)
30.54
+1.82 (+6.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg6.34%
1 Week7.92%
2 Weeks5.49%
1 Month6.04%
3 Month15.42%
6 Month11.01%
12 Month-0.26%
2 Year16.03%
3 Year-9.24%
5 Year23%
10 Year-3.87%
15 Year31.58%
Volatility
ATR(14)0.99
ATR(20)%3.16%
ATR Inc44.58%
Range Today1.68
ADR(20)0.91
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.53
Mansfield-0.2
10 Day High30.78
10 Day Low27.45
20 Day High30.78
20 Day Low27.03
52 Week High32.89
52 Week Low23.75
CS1 End30.25
CR1 Start30.55
Volume & EV
DER(3)-1.45%
DER(5)0.02%
Volume20.50K
Volume Incr-33.58%
Vol(5)9.96K
Vol(50)15.03K