NYSE:NMCO - New York Stock Exchange, Inc. - US6706631032 - Currency: USD
Taking everything into account, NMCO scores 0 out of 10 in our technical rating. NMCO's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NMCO has a poor technical rating and the quality of the setup is also only medium 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.
9.63
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
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 NMCO is down. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMCO is down. |
ChartMill Relative Strength | 22.22 | NEGATIVE | NMCO has a low relative strength, it was outperformed by 77.78% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMCO is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NMCO is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMCO is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 33.63 | NEUTRAL | The RSI value for NMCO is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NMCO has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 11.57 | OVERSOLD | The low Stochastics value suggests NMCO may be oversold. |
Average True Range in percent/ATR (20) | 1.3 | LOW VOLATILITY | The low ATR as a percentage value for NMCO suggests low volalility. |
Average Directional Index/ADX (14) | 31.84 | POSITIVE | The high ADX value value for NMCO suggests a strong trend. |
10.07
-0.02 (-0.2%)