Netlist (NLST) Stock Technical Analysis
NASDAQ:NLST - Nasdaq -
Taking everything into account, NLST scores 9 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NLST is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NLST has an average volume of 13362600 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NLST did better than 98% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
NLST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NLST is lagging the market slightly.
In the last month NLST has a been trading in the 0.11 - 1.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NLST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for NLST in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.54
0.74
We found 1 important resistance area.
- Resistance @0.73 from a trend 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 | UP | POSITIVE | The long term trend for NLST is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NLST is up. |
| ChartMill Relative Strength | 98.59 | POSITIVE | NLST has a high relative strength, it outperformed 98.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NLST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NLST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NLST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.42 | NEUTRAL | The RSI value for NLST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NLST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 48.21 | NEUTRAL | The Stochastics value for NLST is a neutral value. |
| Average True Range in percent/ATR (20) | 29.31 | HIGH VOLATILITY | The high ATR as a percentage value for NLST suggests high volalility. |
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)
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 |
|---|---|---|---|
| 0.74 | 0.29 | 0.45 (60.81%) | 1.64% |
| An entry @0.74. This is a Buy Stop order right above the resistance zone. | An exit @0.29. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.45 points, which is 60.81%. | When investing 1.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
0.55
-0.1 (-15.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-15.51%
1 Week32.53%
2 Weeks49.05%
1 Month358.33%
3 Month212.5%
6 Month139.13%
12 Month-25.17%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.22
ATR(20)%29.31%
ATR Inc-4.73%
Range Today0.25
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
CRS98.59
Mansfield7.15
10 Day High0.81
10 Day Low0.3
20 Day High1.1
20 Day Low0.11
52 Week High1.1
52 Week Low0.1
CS1 EndN/A
CR1 Start0.73
Volume & EV
DER(3)-0.24%
DER(5)4.93%
Volume40.58M
Volume Incr12.62%
Vol(5)27.29M
Vol(50)13.36M