NL INDUSTRIES (NL)
US6291564077 - Common Stock
Taking everything into account, NL scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, NL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
NL is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 87% of 84 stocks in the same industry.
NL is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NL is performing more or less in line with the market.
Looking at the yearly performance, NL did better than 93% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month NL has a been trading in the 7.18 - 8.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 8.02. Right above this resistance zone may be a good entry point.
More info and screens
4.89
8.49
4 important support areas can be observed.
- Support @7.63 from a horizontal line in the daily time frame.
- Support @5.40 from a trend line in the weekly time frame.
- A support zone ranging from 5.17 to 5.23. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @4.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.02 to 8.19. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.41 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.52
Mansfield3.1
10 Day High8.35
10 Day Low7.18
20 Day High8.6
20 Day Low7.18
52 Week High8.6
52 Week Low4.46
Performance
1 Week0.13%
2 Weeks3.36%
1 Month-3.26%
3 Month53.26%
6 Month69.85%
12 Month34.91%
2 Year-12.85%
3 Year10.5%
5 Year144.65%
10 Year-9.3%
15 Year5.12%
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)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)57.39
LBB7.55
UBB8.24
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 |
|---|---|---|---|
| 8.20 | 7.62 | 0.58 (7.07%) | 14.14% |
| An entry @8.20. This is a Buy Stop order right above the resistance zone. | An exit @7.62. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.58 points, which is 7.07%. | For a 1.00% total portfolio risk, you can invest 14.14% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NL INDUSTRIES
NYSE:NL (5/1/2024, 3:15:00 PM)
After market: 8 0 (0%)8
-0.21 (-2.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryCommercial Services & Supplies
Performance
% Chg-2.56%
1 Week0.13%
2 Weeks3.36%
1 Month-3.26%
3 Month53.26%
6 Month69.85%
12 Month34.91%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.39
ATR(20)%4.24%
ATR Inc
Range Today0.36
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.35
10 Day Low7.18
20 Day High8.6
20 Day Low7.18
52 Week High8.6
52 Week Low4.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume24.26K
Volume Incr-4.89%
Vol(5)36.33K
Vol(50)33.46K