NEW MOUNTAIN FINANCE CORP (NMFC) Stock Technical Analysis
NASDAQ:NMFC - US6475511001 - Common Stock
10.66 USD
+0.12 (+1.14%)
10.5201 USD
-0.14 (-1.31%)
Taking everything into account, NMFC scores 4 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NMFC was also a bad performer in the overall market in the last year.
82% of all other stocks performed better in the past year than NMFC.
NMFC is part of the Capital Markets industry. There are 239 other stocks in this industry, of which 75% are performing better than NMFC.
In the last month NMFC has a been trading in the 9.63 - 10.71 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NMFC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NMFC is lagging the market.
NMFC has an average technical rating and it also does not offer a high 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
9.66
12.15
2 important support areas can be observed.
- A support zone ranging from 10.15 to 10.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.76 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 10.77 to 10.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @11.12 from a horizontal line in the daily time frame.
- Resistance @11.46 from a trend line in the weekly time frame.
- A resistance zone ranging from 11.99 to 12.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NMFC is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMFC is up. |
| ChartMill Relative Strength | 18.69 | NEGATIVE | NMFC has a low relative strength, it was outperformed by 81.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMFC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMFC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMFC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 61.09 | NEUTRAL | The RSI value for NMFC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NMFC has a positive trend. |
| Stochastics (14,3) | 90.82 | OVERBOUGHT | The high Stochastics value suggests NMFC may be overbought. |
| Average True Range in percent/ATR (20) | 1.57 | LOW VOLATILITY | The low ATR as a percentage value for NMFC suggests low volalility. |
| Average Directional Index/ADX (14) | 18.29 | NEGATIVE | The low ADX value for NMFC 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)
10.66
+0.12 (+1.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryCapital Markets
Performance
% Chg1.14%
1 Week2.6%
2 Weeks3.5%
1 Month2.3%
3 Month-1.02%
6 Month-8.5%
12 Month-13.4%
2 Year-16.52%
3 Year-18.81%
5 Year6.71%
10 Year-27.97%
15 YearN/A
Volatility
ATR(14)0.13
ATR(20)%1.57%
ATR Inc24.86%
Range Today0.19
ADR(20)0.16
ADR(20)%1.46%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.69
Mansfield-1.22
10 Day High10.71
10 Day Low10.29
20 Day High10.71
20 Day Low9.63
52 Week High12.45
52 Week Low8.84
CS1 End10.52
CR1 Start10.77
Volume & EV
DER(3)1.33%
DER(5)1.91%
Volume704.80K
Volume Incr0.93%
Vol(5)472.74K
Vol(50)436.21K