NOMAD FOODS LTD (NOMD) Stock Technical Analysis
NYSE:NOMD - New York Stock Exchange, Inc. - VGG6564A1057 - Common Stock - Currency: USD
Taking everything into account, NOMD scores 1 out of 10 in our technical rating. 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.
80% of all other stocks performed better in the past year than NOMD.
NOMD is part of the Food Products industry. There are 91 other stocks in this industry, NOMD did better than 51% of them.
NOMD is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NOMD is lagging the market.
In the last month NOMD has a been trading in a tight range between 16.80 and 17.63.
Although the technical rating is bad, NOMD does present a nice setup opportunity. Prices have been consolidating lately.
More info and screens
16.25
20.75
2 important support areas can be observed.
- A support zone ranging from 16.95 to 17.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @16.41 from a trend line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 17.35 to 18.05. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @20.54 from a horizontal line in the daily 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 | 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 | 20.38 | NEGATIVE | NOMD has a low relative strength, it was outperformed by 79.62% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOMD is above the rising 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) | 48.4 | NEUTRAL | The RSI value for NOMD is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.08 | POSITIVE | The MACD value suggests NOMD has a positive trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for NOMD is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for NOMD suggests low volalility. |
| Average Directional Index/ADX (14) | 31.08 | 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)
17.34
-0.05 (-0.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Staples
GICS IndustryFood Products
Performance
% Chg-0.29%
1 Week2.66%
2 Weeks2.3%
1 Month0.81%
3 Month-10.62%
6 Month5.54%
12 Month3.21%
2 Year-2.47%
3 Year-5.97%
5 Year-24.8%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.35
ATR(20)%1.88%
ATR Inc23.61%
Range Today0.26
ADR(20)0.32
ADR(20)%1.82%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.38
Mansfield-1.14
10 Day High17.52
10 Day Low16.86
20 Day High17.63
20 Day Low16.8
52 Week High20.81
52 Week Low15.43
CS1 End16.99
CR1 Start17.06
Volume & EV
DER(3)-0.23%
DER(5)-0.82%
Volume664.50K
Volume Incr21.76%
Vol(5)1.03M
Vol(50)980.74K