NOMAD FOODS LTD (NOMD) Stock Technical Analysis
NYSE:NOMD - VGG6564A1057 - Common Stock
15.54 USD
+0.15 (+0.97%)
15.54 USD
0 (0%)
Overall NOMD gets a technical rating of 0 out of 10. 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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NOMD is a bad performer in the overall market: 87% of all stocks are doing better.
NOMD is part of the Food Products industry. There are 89 other stocks in this industry, of which 62% are performing better than NOMD.
NOMD is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NOMD is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, NOMD does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 15.60. Right above this resistance zone may be a good entry point.
More info and screens
14.89
17.58
When analyzing the support we notice one important area.
- Support @15.04 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 15.60 to 15.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 17.08 to 17.41. This zone is formed by a combination of multiple trend lines 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 NOMD is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOMD is down. |
| ChartMill Relative Strength | 13.33 | NEGATIVE | NOMD has a low relative strength, it was outperformed by 86.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NOMD is above 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) | 44.4 | NEUTRAL | The RSI value for NOMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NOMD has a positive trend. |
| Stochastics (14,3) | 56 | NEUTRAL | The Stochastics value for NOMD is a neutral value. |
| Average True Range in percent/ATR (20) | 3.13 | MEDIUM VOLATILITY | The ATR as a percentage value for NOMD suggests some volalility. |
| Average Directional Index/ADX (14) | 29.01 | POSITIVE | The high ADX value value for NOMD suggests a strong 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)
15.54
+0.15 (+0.97%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg0.97%
1 Week-0.32%
2 Weeks3.26%
1 Month-8.43%
3 Month-11.2%
6 Month-17.78%
12 Month-17.34%
2 Year-15.27%
3 Year-12.15%
5 Year-36.98%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.36
ATR(20)%3.13%
ATR Inc-43.09%
Range Today0.19
ADR(20)0.45
ADR(20)%2.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.33
Mansfield-2.08
10 Day High15.91
10 Day Low14.74
20 Day High17.3
20 Day Low14.72
52 Week High20.81
52 Week Low14.72
CS1 End15.04
CR1 Start15.6
Volume & EV
DER(3)2.81%
DER(5)0.91%
Volume564.50K
Volume Incr-35.85%
Vol(5)783.64K
Vol(50)952.02K