SOFTWARE ACQ GROUP III -CW27 (NOGNW) Stock Technical Analysis
NASDAQ:NOGNW - Nasdaq - - Currency: USD
Taking everything into account, NOGNW scores 0 out of 10 in our technical rating. NOGNW's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NOGNW is a bad performer in the overall market: 98% of all stocks are doing better.
NOGNW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NOGNW has a been trading in the 0.01 - 0.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Considerably lower volume is observed in the last couple of days.
The technical rating of NOGNW is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.01
0.01
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.01 to 0.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The long term trend for NOGNW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOGNW is down. |
| ChartMill Relative Strength | 2.34 | NEGATIVE | NOGNW has a low relative strength, it was outperformed by 97.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOGNW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOGNW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOGNW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.93 | OVERSOLD | The low RSI value suggests NOGNW may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NOGNW has a negative trend. |
| Stochastics (14,3) | 4.6 | OVERSOLD | The low Stochastics value suggests NOGNW may be oversold. |
| Average True Range in percent/ATR (20) | 24.2 | HIGH VOLATILITY | The high ATR as a percentage value for NOGNW suggests high volalility. |
| Average Directional Index/ADX (14) | 11.84 | NEGATIVE | The low ADX value for NOGNW suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.0069
0 (-30.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-30.3%
1 Week-31%
2 Weeks-41.53%
1 Month-53.69%
3 Month-66.99%
6 Month-42.98%
12 Month-69.87%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0
ATR(20)%24.2%
ATR Inc146.59%
Range Today0
ADR(20)0
ADR(20)%22.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS2.34
Mansfield-7.24
10 Day High0.01
10 Day Low0.01
20 Day High0.02
20 Day Low0.01
52 Week High0.19
52 Week Low0.01
CS1 EndN/A
CR1 Start0.01
Volume & EV
DER(3)-10.79%
DER(5)-5.28%
Volume371.20K
Volume Incr-75.78%
Vol(5)125.72K
Vol(50)301.04K