NEUROPACE INC (NPCE) Stock Technical Analysis
NASDAQ:NPCE - Nasdaq - US6412881053 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NPCE. In the last year, NPCE was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NPCE has a been trading in the 10.61 - 18.98 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.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that NPCE is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, NPCE also shows a nice and consistent pattern of rising prices.
NPCE is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 96% of 188 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
NPCE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NPCE is lagging the market slightly.
Although NPCE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
6.40
13.38
We found 7 important support areas.
- A support zone ranging from 12.68 to 12.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @12.45 from a horizontal line in the daily time frame.
- A support zone ranging from 11.86 to 11.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.54 from a trend line in the daily time frame.
- Support @10.04 from a horizontal line in the daily time frame.
- Support @7.32 from a trend line in the weekly time frame.
- Support @6.46 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 13.05 to 13.25. 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 | UP | POSITIVE | The long term trend for NPCE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NPCE is down. |
| ChartMill Relative Strength | 95.86 | POSITIVE | NPCE has a high relative strength, it outperformed 95.86% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NPCE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NPCE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NPCE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.05 | NEUTRAL | The RSI value for NPCE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.49 | NEGATIVE | The MACD value suggests NPCE has a negative trend. |
| Stochastics (14,3) | 30.05 | NEUTRAL | The Stochastics value for NPCE is a neutral value. |
| Average True Range in percent/ATR (20) | 11.75 | HIGH VOLATILITY | The high ATR as a percentage value for NPCE suggests high volalility. |
| Average Directional Index/ADX (14) | 38.05 | POSITIVE | The high ADX value value for NPCE 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)
13.04
-0.18 (-1.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.36%
1 Week-26.24%
2 Weeks-25.44%
1 Month8.85%
3 Month18.55%
6 Month15.6%
12 Month101.55%
2 Year190.42%
3 Year163.43%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.88
ATR(20)%11.75%
ATR Inc-59.04%
Range Today0.79
ADR(20)1.37
ADR(20)%10.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.86
Mansfield2.55
10 Day High18.98
10 Day Low10.61
20 Day High18.98
20 Day Low10.61
52 Week High18.98
52 Week Low5.45
CS1 End12.8
CR1 Start13.05
Volume & EV
DER(3)-1.13%
DER(5)-1.74%
Volume379.30K
Volume Incr135.19%
Vol(5)781.76K
Vol(50)302.58K