SOFTWARE ACQ GROUP III -CW27 (NOGNW) Technical Analysis
NASDAQ:NOGNW
Current stock price
NOGNW Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NOGNW. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 98% of all other stocks performed better in the past year than NOGNW.
- NOGNW is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NOGNW is lagging the market.
- 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.
NOGNW Weekly and Daily overview Charts
NOGNW Setup Rating and Analysis
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
NOGNW Support and Resistance Analysis
0.01
We found 1 important resistance 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.
NOGNW 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 | 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. |
NOGNW Chart- and CandleStick Pattern Analysis
NOGNW Technicals: Chart, Performance Metrics, Trend & Indicators
0.0069
0 (-30.3%)
SOFTWARE ACQ GROUP III -CW27 / NOGNW TA FAQ
Can you provide the ChartMill technical rating for SOFTWARE ACQ GROUP III -CW27?
ChartMill assigns a technical rating of 0 / 10 to NOGNW.
What is the current trend direction of SOFTWARE ACQ GROUP III -CW27 (NOGNW) stock?
The current trend direction for SOFTWARE ACQ GROUP III -CW27 (NOGNW) is Bearish.
Can you provide the RSI signal for SOFTWARE ACQ GROUP III -CW27?
SOFTWARE ACQ GROUP III -CW27 (NOGNW) has an RSI value of 27.9308. This indicates that the stock is currently oversold.
What is the MACD signal for NOGNW stock?
The MACD indicator for SOFTWARE ACQ GROUP III -CW27 (NOGNW) has a value of -0.000282528, indicating a bearish trend.
What is the support and resistance level for NOGNW stock?
SOFTWARE ACQ GROUP III -CW27 (NOGNW) has a resistance level at 0.01. Check the full technical report for our detailed analysis of NOGNW support and resistance levels.