NORTONLIFELOCK INC (NLOK) Technical Analysis
NASDAQ:NLOK • US6687711084
Current stock price
NLOK Technical Rating and Analysis
Taking everything into account, NLOK scores 2 out of 10 in our technical rating. 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 is part of the Software industry. There are 278 other stocks in this industry. NLOK outperforms 81% of them.
- 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.
- 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.
NLOK Weekly and Daily overview Charts
NLOK Setup Rating and Analysis
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
NLOK Support and Resistance Analysis
19.94
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.
5 important resistance areas can be observed.
- 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.
NLOK 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 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. |
NLOK Chart- and CandleStick Pattern Analysis
NLOK Technicals: Chart, Performance Metrics, Trend & Indicators
21.66
-0.5 (-2.26%)
NORTONLIFELOCK INC / NLOK TA FAQ
What is the ChartMill technical rating of NORTONLIFELOCK INC (NLOK) stock?
ChartMill assigns a technical rating of 2 / 10 to NLOK.
Can you provide the trend direction for NORTONLIFELOCK INC?
The current trend direction for NORTONLIFELOCK INC (NLOK) is Bearish.
Can you provide the RSI signal for NORTONLIFELOCK INC?
NORTONLIFELOCK INC (NLOK) has an RSI value of 48.3213. This indicates that the stock is currently neutral.
What is the short term momentum for NORTONLIFELOCK INC (NLOK) stock?
The short term momentum for NORTONLIFELOCK INC (NLOK) is neutral.
What is the support and resistance level for NLOK stock?
NORTONLIFELOCK INC (NLOK) has a support level at 20.14 and a resistance level at 21.77. Check the full technical report for our detailed analysis of NLOK support and resistance levels.