We assign a technical rating of 4 out of 10 to NMRK. In the last year, NMRK was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
NMRK has an average technical rating and the quality of the presented setup is also not ideal 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.
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10.69
When analyzing the support we can see 4 important areas.
- A support zone ranging from 16.81 to 17.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 16.42 to 16.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.32 to 15.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.80 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.48 to 19.58. 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 | NEUTRAL | NEUTRAL | The short term trend for NMRK is neutral. |
| ChartMill Relative Strength | 54.69 | 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 | NEGATIVE | The current price of NMRK is below a declining 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) | 51.22 | NEUTRAL | The RSI value for NMRK is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NMRK has a positive trend. |
| Stochastics (14,3) | 88.82 | OVERBOUGHT | The high Stochastics value suggests NMRK may be overbought. |
| Average True Range in percent/ATR (20) | 3.59 | MEDIUM VOLATILITY | The ATR as a percentage value for NMRK suggests some volalility. |
| Average Directional Index/ADX (14) | 26.9 | POSITIVE | The high ADX value value for NMRK suggests a strong trend. |
17.25
-0.13 (-0.75%)
NEWMARK GROUP INC-CLASS A / NMRK FAQ
What is the technical rating for NMRK stock?
ChartMill assigns a technical rating of 4 / 10 to NMRK.
What is the trend direction for NMRK stock?
The current trend direction for NEWMARK GROUP INC-CLASS A (NMRK) is Bullish.
What is the RSI signal for NEWMARK GROUP INC-CLASS A (NMRK) stock?
NEWMARK GROUP INC-CLASS A (NMRK) has an RSI value of 51.2189. This indicates that the stock is currently neutral.
What is the MACD signal for NEWMARK GROUP INC-CLASS A (NMRK) stock?
The MACD indicator for NEWMARK GROUP INC-CLASS A (NMRK) has a value of 0.165167, indicating a bearish trend.