NORTHROP GRUMMAN CORP (NOC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NOC - US6668071029 - Common Stock
Taking everything into account, NOC scores 5 out of 10 in our technical rating. In the last year, NOC was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
Although the technical rating is only medium, NOC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 573.77, a Stop Loss order could be placed below this zone.
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453.79
When analyzing the support we can see 3 important areas.
- A support zone ranging from 558.44 to 573.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 545.50 to 548.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @458.37 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @579.54 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 | UP | POSITIVE | The long term trend for NOC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOC is up. |
| ChartMill Relative Strength | 69.73 | NEUTRAL | NOC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NOC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.3 | NEUTRAL | The RSI value for NOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 2.13 | POSITIVE | The MACD value suggests NOC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 73.71 | NEUTRAL | The Stochastics value for NOC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.65 | LOW VOLATILITY | The low ATR as a percentage value for NOC suggests low volalility. |
| Average Directional Index/ADX (14) | 14.65 | NEGATIVE | The low ADX value for NOC suggests a weak or negative trend. |
574.57
-3.21 (-0.56%)
NORTHROP GRUMMAN CORP / NOC FAQ
What is the technical rating for NOC stock?
ChartMill assigns a technical rating of 5 / 10 to NOC.
Can you provide the trend direction for NORTHROP GRUMMAN CORP?
The current trend direction for NORTHROP GRUMMAN CORP (NOC) is Bullish.
Can you provide the RSI signal for NORTHROP GRUMMAN CORP?
NORTHROP GRUMMAN CORP (NOC) has an RSI value of 53.3034. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORTHROP GRUMMAN CORP?
The short term momentum for NORTHROP GRUMMAN CORP (NOC) is positive.
What are the support and resistance levels for NORTHROP GRUMMAN CORP (NOC) stock?
NORTHROP GRUMMAN CORP (NOC) has a support level at 573.77 and a resistance level at 579.54. Check the full technical report for our detailed analysis of NOC support and resistance levels.