NEWMARK GROUP INC-CLASS A (NMRK) Stock Technical Analysis
NASDAQ:NMRK - Nasdaq - US65158N1028 - Common Stock - Currency: USD
Overall NMRK gets a technical rating of 2 out of 10. NMRK 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.
In the last month NMRK has a been trading in the 10.20 - 11.95 range, which is quite wide. It is currently trading near the high of this range.
NMRK has an average volume of 1144540 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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.
When compared to the yearly performance of all other stocks, NMRK outperforms 50% of them, which is more or less in line with the market.
NMRK is part of the Real Estate Management & Development industry. There are 65 other stocks in this industry, NMRK did better than 60% of them.
NMRK 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 NMRK is lagging the market slightly.
The technical rating of NMRK 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
9.98
13.34
When analyzing the support we notice one important area.
- A support zone ranging from 10.08 to 10.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 11.40 to 11.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @11.93 from a horizontal line in the daily time frame.
- Resistance @12.85 from a trend line in the weekly time frame.
- Resistance @13.21 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for NMRK is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMRK is up. |
| ChartMill Relative Strength | 50.57 | NEUTRAL | NMRK is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NMRK is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NMRK is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NMRK is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 51.55 | NEUTRAL | The RSI value for NMRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NMRK has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.82 | OVERBOUGHT | The high Stochastics value suggests NMRK may be overbought. |
| Average True Range in percent/ATR (20) | 3.12 | MEDIUM VOLATILITY | The ATR as a percentage value for NMRK suggests some volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for NMRK 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)
11.38
-0.49 (-4.13%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg-4.13%
1 Week0.26%
2 Weeks3.36%
1 Month-2.15%
3 Month-8.23%
6 Month-21.41%
12 Month12.45%
2 Year82.96%
3 Year17.68%
5 Year134.16%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%3.12%
ATR Inc43.43%
Range Today0.56
ADR(20)0.34
ADR(20)%2.98%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.57
Mansfield-1.59
10 Day High11.95
10 Day Low10.73
20 Day High11.95
20 Day Low10.2
52 Week High16.1
52 Week Low9.64
CS1 End10.44
CR1 Start11.4
Volume & EV
DER(3)-1.44%
DER(5)1.27%
Volume852.90K
Volume Incr-22.83%
Vol(5)845.56K
Vol(50)1.14M