NL INDUSTRIES (NL) Technical Analysis
NYSE:NL • US6291564077
Current stock price
NL Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NL. NL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NL is a bad performer in the overall market: 79% of all stocks are doing better.
- NL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NL is lagging the market.
- In the last month NL has a been trading in the 5.36 - 6.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NL is part of the Commercial Services & Supplies industry. There are 82 other stocks in this industry, NL did better than 45% of them.
NL Weekly and Daily overview Charts
NL Setup Rating and Analysis
NL has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
NL Support and Resistance Analysis
5.16
When analyzing the support we can see 2 important areas.
- Support @5.43 from a horizontal line in the weekly time frame.
- Support @5.21 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 6.29 to 6.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.56 from a horizontal line in the daily time frame.
NL Technical Indicator Signal Analysis
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 NL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NL is down. |
| ChartMill Relative Strength | 21.2 | NEGATIVE | NL has a low relative strength, it was outperformed by 78.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.36 | NEUTRAL | The RSI value for NL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NL has a negative trend. |
| Stochastics (14,3) | 11.72 | OVERSOLD | The low Stochastics value suggests NL may be oversold. |
| Average True Range in percent/ATR (20) | 5.87 | HIGH VOLATILITY | The high ATR as a percentage value for NL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.99 | POSITIVE | The high ADX value value for NL suggests a strong trend. |
NL Chart- and CandleStick Pattern Analysis
NL Technicals: Chart, Performance Metrics, Trend & Indicators
5.52
-0.02 (-0.36%)
NL INDUSTRIES / NL TA FAQ
What is the technical rating for NL stock?
ChartMill assigns a technical rating of 0 / 10 to NL.
What is the current trend direction of NL INDUSTRIES (NL) stock?
The current trend direction for NL INDUSTRIES (NL) is Bearish.
What is the RSI signal for NL stock?
NL INDUSTRIES (NL) has an RSI value of 36.3624. This indicates that the stock is currently neutral.
What is the buy/sell signal for NL INDUSTRIES (NL) stock?
The buy/sell signal for NL INDUSTRIES (NL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NL stock?
NL INDUSTRIES (NL) has a support level at 5.43 and a resistance level at 6.29. Check the full technical report for our detailed analysis of NL support and resistance levels.