NORTHROP GRUMMAN CORP (NOC) Technical Analysis
NYSE:NOC • US6668071029
Current stock price
NOC Technical Rating and Analysis
Taking everything into account, NOC scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that NOC is one of the better performing stocks in the market, outperforming 89% of all stocks. We also observe that the gains produced by NOC over the past year are nicely spread over this period.
- NOC 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 NOC is performing more or less in line with the market.
- NOC has an average volume of 1013080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NOC is part of the Aerospace & Defense industry. There are 78 other stocks in this industry, NOC did better than 57% of them.
- In the last month NOC has a been trading in the 691.03 - 774.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NOC Weekly and Daily overview Charts
NOC Setup Rating and Analysis
Besides having an excellent technical rating, NOC also presents a decent setup pattern. 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.
More info and screens
NOC Support and Resistance Analysis
458.39
5 important support areas can be observed.
- A support zone ranging from 714.14 to 714.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 586.52 to 588.28. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @571.63 from a horizontal line in the daily time frame.
- Support @558.00 from a horizontal line in the daily time frame.
- Support @463.02 from a trend line in the weekly time frame.
NOC 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 NOC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOC is neutral. |
| ChartMill Relative Strength | 89.32 | POSITIVE | NOC has a high relative strength, it outperformed 89.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOC is above the rising 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) | 47.25 | NEUTRAL | The RSI value for NOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -5.91 | NEGATIVE | The MACD value suggests NOC has a negative trend. |
| Stochastics (14,3) | 19.97 | OVERSOLD | The low Stochastics value suggests NOC may be oversold. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for NOC suggests some volalility. |
| Average Directional Index/ADX (14) | 19.57 | NEGATIVE | The low ADX value for NOC suggests a weak or negative trend. |
NOC Chart- and CandleStick Pattern Analysis
NOC 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 |
|---|---|---|---|
| 734.07 | 714.13 | 19.94 (2.72%) | 25.00% |
| An entry @734.07. This is a Buy Stop order right above the 10 day moving average. | An exit @714.13. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 19.94 points, which is 2.72%. | For a 0.68% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NOC. Please evaluate whether better entry and exit points can be found.
- 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.
NOC Technicals: Chart, Performance Metrics, Trend & Indicators
714.15
-10.69 (-1.47%)
NORTHROP GRUMMAN CORP / NOC TA FAQ
What is the technical rating for NOC stock?
ChartMill assigns a technical rating of 9 / 10 to NOC.
What is the current trend direction of NORTHROP GRUMMAN CORP (NOC) stock?
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 47.2467. This indicates that the stock is currently neutral.
What is the short term momentum for NOC stock?
The short term momentum for NORTHROP GRUMMAN CORP (NOC) is neutral.
What are the support and resistance levels for NORTHROP GRUMMAN CORP (NOC) stock?
NORTHROP GRUMMAN CORP (NOC) has a support level at 714.14. Check the full technical report for our detailed analysis of NOC support and resistance levels.