NORTHROP GRUMMAN CORP (NOC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NOC - US6668071029 - Common Stock
We assign a technical rating of 9 out of 10 to NOC. Both in the recent history as in the last year, NOC has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NOC has an excellent technical rating, it does not offer a high quality setup 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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454.20
When analyzing the support we can see 3 important areas.
- A support zone ranging from 558.00 to 589.41. 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 @458.79 from a trend line in the weekly 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 | 75.45 | POSITIVE | NOC has a high relative strength, it outperformed 75.45% off all stocks 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) | 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) | 64.03 | NEUTRAL | The RSI value for NOC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 3.46 | POSITIVE | The MACD value suggests NOC has a positive trend. |
| Stochastics (14,3) | 49.11 | NEUTRAL | The Stochastics value for NOC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.69 | MEDIUM VOLATILITY | The ATR as a percentage value for NOC suggests some volalility. |
| Average Directional Index/ADX (14) | 16.5 | NEGATIVE | The low ADX value for NOC suggests a weak or negative trend. |
618.82
+28.03 (+4.74%)
NORTHROP GRUMMAN CORP / NOC 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 64.0285. 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 positive.
What are the support and resistance levels for NORTHROP GRUMMAN CORP (NOC) stock?
NORTHROP GRUMMAN CORP (NOC) has a support level at 589.41. Check the full technical report for our detailed analysis of NOC support and resistance levels.