FRA:NNGF - GB00BDR05C01 - Common Stock
We assign a technical rating of 1 out of 10 to NNGF. NNGF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NNGF does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 12.50. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.30, a Stop Loss order could be placed below this zone.
11.09
3 important support areas can be observed.
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 | NEUTRAL | NEUTRAL | The long term trend for NNGF.DE is neutral. |
ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNGF.DE is neutral. |
ChartMill Relative Strength | 34.09 | NEUTRAL | NNGF.DE is not amongst the best or worst performers on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNGF.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NNGF.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNGF.DE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 50.74 | NEUTRAL | The RSI value for NNGF.DE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NNGF.DE has a positive trend. |
Stochastics (14,3) | 44.44 | NEUTRAL | The Stochastics value for NNGF.DE is a neutral value. |
Average True Range in percent/ATR (20) | 2.03 | MEDIUM VOLATILITY | The ATR as a percentage value for NNGF.DE suggests some volalility. |
Average Directional Index/ADX (14) | 10.27 | NEGATIVE | The low ADX value for NNGF.DE suggests a weak or negative trend. |
FRA:NNGF (8/27/2025, 7:00:00 PM)
12.3
+0.1 (+0.82%)