Navios Maritime Holdings Inc (NM) Stock Technical Analysis
NYSE:NM - New York Stock Exchange, Inc. - MHY621971198 - Common Stock - Currency: USD
Taking everything into account, NM scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NM is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, NM also shows a nice and consistent pattern of rising prices.
NM is one of the better performing stocks in the Marine Transportation industry, it outperforms 100% of 32 stocks in the same industry.
NM 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 NM is lagging the market slightly.
In the last month NM has a been trading in a tight range between 2.22 and 2.31.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NM also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 2.28. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.25, a Stop Loss order could be placed below this zone.
More info and screens
1.57
2.32
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.23 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.12 to 2.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.59 to 1.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.28 to 2.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.34
Mansfield0.6
10 Day High2.29
10 Day Low2.23
20 Day High2.32
20 Day Low2.22
52 Week High2.97
52 Week Low1.47
Performance
1 Week1.34%
2 Weeks1.34%
1 Month2.25%
3 Month17.62%
6 Month37.58%
12 Month31.21%
2 Year-38.48%
3 Year0.89%
5 Year-15.93%
10 Year-97.97%
15 Year-92.82%
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)-0.01
RSI(14)65.2
LBB2.23
UBB2.28
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 |
|---|---|---|---|
| 2.31 | 2.22 | 0.09 (3.90%) | 25.00% |
| An entry @2.31. This is a Buy Stop order right above the resistance zone. | An exit @2.22. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.09 points, which is 3.90%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.97%. |
- 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.
NYSE:NM (12/13/2023, 8:04:01 PM)
2.27
-0.02 (-0.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMarine Transportation
Performance
% Chg-0.87%
1 Week1.34%
2 Weeks1.34%
1 Month2.25%
3 Month17.62%
6 Month37.58%
12 Month31.21%
2 Year-38.48%
3 Year0.89%
5 Year-15.93%
10 Year-97.97%
15 Year-92.82%
Volatility
ATR(14)0.02
ATR(20)%1.08%
ATR Inc48.36%
Range Today0.01
ADR(20)0.02
ADR(20)%1.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.34
Mansfield0.6
10 Day High2.29
10 Day Low2.23
20 Day High2.32
20 Day Low2.22
52 Week High2.97
52 Week Low1.47
CS1 End2.25
CR1 Start2.28
Volume & EV
DER(3)-0.64%
DER(5)0.74%
Volume43.60K
Volume Incr-55.29%
Vol(5)98.34K
Vol(50)227.50K