NORTONLIFELOCK INC (NLOK) Stock Technical Analysis
NASDAQ:NLOK - Nasdaq - US6687711084 - Common Stock - Currency: USD
Overall NLOK gets a technical rating of 2 out of 10. NLOK has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
NLOK 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 NLOK is lagging the market.
NLOK has an average volume of 5674990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NLOK turns out to be only a medium performer in the overall market: it outperformed 48% of all stocks.
NLOK is part of the Software industry. There are 283 other stocks in this industry, NLOK did better than 50% of them.
In the last month NLOK has a been trading in the 20.50 - 23.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NLOK is bad and it also does not present a 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
19.94
27.43
When analyzing the support we notice one important area.
- A support zone ranging from 20.14 to 20.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 5 important resistance areas.
- A resistance zone ranging from 21.77 to 22.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @23.39 from a horizontal line in the daily time frame.
- Resistance @24.50 from a trend line in the daily time frame.
- Resistance @26.54 from a horizontal line in the daily time frame.
- Resistance @27.16 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for NLOK is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NLOK is neutral. |
| ChartMill Relative Strength | 48.3 | NEUTRAL | NLOK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NLOK is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NLOK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NLOK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.32 | NEUTRAL | The RSI value for NLOK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NLOK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.34 | NEUTRAL | The Stochastics value for NLOK is a neutral value. |
| Average True Range in percent/ATR (20) | 2.72 | MEDIUM VOLATILITY | The ATR as a percentage value for NLOK suggests some volalility. |
| Average Directional Index/ADX (14) | 18.57 | NEGATIVE | The low ADX value for NLOK 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)
21.66
-0.5 (-2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-2.26%
1 Week-3.86%
2 Weeks-1.55%
1 Month4.23%
3 Month-10.46%
6 Month-9.56%
12 Month-15.16%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.6
ATR(20)%2.72%
ATR Inc114.76%
Range Today1.63
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS48.3
Mansfield-0.33
10 Day High23.02
10 Day Low20.56
20 Day High23.02
20 Day Low20.5
52 Week High30.92
52 Week Low20.12
CS1 End20.14
CR1 Start21.77
Volume & EV
DER(3)-3.95%
DER(5)-2.92%
Volume7.73M
Volume Incr24.41%
Vol(5)5.85M
Vol(50)5.67M