NEWMARK GROUP INC-CLASS A (NMRK) Stock Technical Analysis
NASDAQ:NMRK - US65158N1028 - Common Stock
18.21 USD
+0.11 (+0.61%)
18.21 USD
0 (0%)
Overall NMRK gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NMRK has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
NMRK is one of the better performing stocks in the Real Estate Management & Development industry, it outperforms 88% of 64 stocks in the same industry.
NMRK is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
NMRK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NMRK has an average volume of 1485890 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NMRK is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
NMRK 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 a resistance zone just above the current price starting at 18.22. Right above this resistance zone may be a good entry point.
More info and screens
10.49
18.57
3 important support areas can be observed.
- A support zone ranging from 17.15 to 17.16. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @11.93 from a horizontal line in the daily time frame.
- Support @10.60 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.22 to 18.39. 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 | UP | POSITIVE | The long term trend for NMRK is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NMRK is up. |
| ChartMill Relative Strength | 91.8 | POSITIVE | NMRK has a high relative strength, it outperformed 91.8% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NMRK is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NMRK is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NMRK is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 78.09 | OVERBOUGHT | The high RSI value suggests NMRK may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NMRK has a negative trend. |
| Stochastics (14,3) | 84.05 | OVERBOUGHT | The high Stochastics value suggests NMRK may be overbought. |
| Average True Range in percent/ATR (20) | 2.65 | MEDIUM VOLATILITY | The ATR as a percentage value for NMRK suggests some volalility. |
| Average Directional Index/ADX (14) | 65.79 | POSITIVE | The high ADX value value for NMRK suggests a strong 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)
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 |
|---|---|---|---|
| 18.40 | 17.00 | 1.40 (7.61%) | 13.14% |
| An entry @18.40. This is a Buy Stop order right above the resistance zone. | An exit @17.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.40 points, which is 7.61%. | When investing 13.14% 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.
18.21
+0.11 (+0.61%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg0.61%
1 Week0.39%
2 Weeks5.32%
1 Month20.44%
3 Month65.4%
6 Month24.13%
12 Month31.67%
2 Year156.84%
3 Year77.66%
5 Year311.06%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.5
ATR(20)%2.65%
ATR Inc-30.38%
Range Today0.35
ADR(20)0.47
ADR(20)%2.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.8
Mansfield2.3
10 Day High18.59
10 Day Low17.01
20 Day High18.59
20 Day Low15.17
52 Week High18.59
52 Week Low9.65
CS1 End17.16
CR1 Start18.22
Volume & EV
DER(3)-1.65%
DER(5)-0.9%
Volume1.66M
Volume Incr-15.39%
Vol(5)1.45M
Vol(50)1.49M