NOMAD FOODS LTD (NOMD) Technical Analysis
NYSE:NOMD • VGG6564A1057
Current stock price
NOMD Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NOMD. NOMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than NOMD.
- NOMD is one of the lesser performing stocks in the Food Products industry. 76% of 87 stocks in the same industry do better.
- NOMD 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 NOMD has a been trading in the 9.43 - 10.03 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been consolidating recently, but much resistance may still be present above.
- NOMD has an average volume of 1639260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NOMD Weekly and Daily overview Charts
NOMD Setup Rating and Analysis
Although the technical rating is bad, NOMD does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 9.58, a Stop Loss order could be placed below this zone.
More info and screens
NOMD Support and Resistance Analysis
9.41
We found 1 important support area.
- A support zone ranging from 9.51 to 9.58. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 9.72 to 9.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 11.69 to 11.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @12.89 from a horizontal line in the daily time frame.
- Resistance @13.37 from a horizontal line in the daily time frame.
NOMD 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 NOMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOMD is down. |
| ChartMill Relative Strength | 8.33 | NEGATIVE | NOMD has a low relative strength, it was outperformed by 91.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOMD is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOMD is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOMD is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.7 | NEUTRAL | The RSI value for NOMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NOMD has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 27.12 | NEUTRAL | The Stochastics value for NOMD is a neutral value. |
| Average True Range in percent/ATR (20) | 2.45 | MEDIUM VOLATILITY | The ATR as a percentage value for NOMD suggests some volalility. |
| Average Directional Index/ADX (14) | 41.03 | POSITIVE | The high ADX value value for NOMD suggests a strong trend. |
NOMD Chart- and CandleStick Pattern Analysis
NOMD Technicals: Chart, Performance Metrics, Trend & Indicators
9.58
+0.06 (+0.63%)
NOMAD FOODS LTD / NOMD TA FAQ
Can you provide the ChartMill technical rating for NOMAD FOODS LTD?
ChartMill assigns a technical rating of 0 / 10 to NOMD.
Can you provide the trend direction for NOMAD FOODS LTD?
The current trend direction for NOMAD FOODS LTD (NOMD) is Bearish.
What is the RSI signal for NOMD stock?
NOMAD FOODS LTD (NOMD) has an RSI value of 36.6992. This indicates that the stock is currently neutral.
What is the MACD signal for NOMAD FOODS LTD (NOMD) stock?
The MACD indicator for NOMAD FOODS LTD (NOMD) has a value of 0.0682081, indicating a bearish trend.
What is the short term momentum for NOMAD FOODS LTD (NOMD) stock?
The short term momentum for NOMAD FOODS LTD (NOMD) is negative.