NOAH HOLDINGS LTD-SPON ADS (NOAH) Technical Analysis
NYSE:NOAH • US65487X1028
Current stock price
NOAH Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NOAH. NOAH has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
- In the last month NOAH has a been trading in the 11.20 - 12.45 range, which is quite wide. It is currently trading near the lows of this range.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NOAH is part of the Capital Markets industry. There are 242 other stocks in this industry. NOAH outperforms 82% of them.
- NOAH is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NOAH is performing more or less in line with the market.
- When compared to the yearly performance of all other stocks, NOAH outperforms 68% of them, which is more or less in line with the market.
NOAH Weekly and Daily overview Charts
NOAH Setup Rating and Analysis
NOAH has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 11.32, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NOAH Support and Resistance Analysis
9.71
When analyzing the support we can see 3 important areas.
- A support zone ranging from 11.12 to 11.32. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @10.29 from a trend line in the weekly time frame.
- A support zone ranging from 9.81 to 9.89. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 11.44 to 11.95. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 12.41 to 12.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
NOAH Technical Indicator Signal Analysis
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 NOAH is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOAH is neutral. |
| ChartMill Relative Strength | 68.39 | NEUTRAL | NOAH is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOAH is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NOAH is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NOAH is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.66 | NEUTRAL | The RSI value for NOAH is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NOAH has a negative trend. |
| Stochastics (14,3) | 30.19 | NEUTRAL | The Stochastics value for NOAH is a neutral value. |
| Average True Range in percent/ATR (20) | 3.45 | MEDIUM VOLATILITY | The ATR as a percentage value for NOAH suggests some volalility. |
| Average Directional Index/ADX (14) | 22.65 | NEUTRAL | The ADX value for NOAH suggests a possible start of a new trend. |
NOAH Chart- and CandleStick Pattern Analysis
NOAH Example Setup
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 |
|---|---|---|---|
| 11.96 | 11.19 | 0.77 (6.44%) | 15.53% |
| An entry @11.96. This is a Buy Stop order right above the resistance zone. | An exit @11.19. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.77 points, which is 6.44%. | When investing 15.53% 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.
NOAH Technicals: Chart, Performance Metrics, Trend & Indicators
11.41
+0.04 (+0.35%)
NOAH HOLDINGS LTD-SPON ADS / NOAH TA FAQ
Can you provide the ChartMill technical rating for NOAH HOLDINGS LTD-SPON ADS?
ChartMill assigns a technical rating of 6 / 10 to NOAH.
What is the current trend direction of NOAH HOLDINGS LTD-SPON ADS (NOAH) stock?
The current trend direction for NOAH HOLDINGS LTD-SPON ADS (NOAH) is Bullish.
Can you provide the RSI signal for NOAH HOLDINGS LTD-SPON ADS?
NOAH HOLDINGS LTD-SPON ADS (NOAH) has an RSI value of 43.6573. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOAH HOLDINGS LTD-SPON ADS?
The short term momentum for NOAH HOLDINGS LTD-SPON ADS (NOAH) is neutral.
What is the support and resistance level for NOAH stock?
NOAH HOLDINGS LTD-SPON ADS (NOAH) has a support level at 11.32 and a resistance level at 11.44. Check the full technical report for our detailed analysis of NOAH support and resistance levels.