NeoPhotonics Corporation (NPTN) Stock Technical Analysis
NYSE:NPTN - New York Stock Exchange, Inc. - US64051T1007 - Common Stock - Currency: USD
Taking everything into account, NPTN scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NPTN is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NPTN is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 92% of 110 stocks in the same industry.
NPTN is currently trading near its 52 week high, which is a good sign. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NPTN is leading the market.
Looking at the yearly performance, NPTN did better than 96% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NPTN has a been trading in a tight range between 15.67 and 16.01.
Volume is considerably higher in the last couple of days.
Although NPTN 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
10.65
16.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 15.54 to 15.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 15.07 to 15.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 14.69 to 14.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.76 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 16.02 to 16.02. 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 | UP | POSITIVE | The long term trend for NPTN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NPTN is up. |
| ChartMill Relative Strength | 96.28 | POSITIVE | NPTN has a high relative strength, it outperformed 96.28% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NPTN is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NPTN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NPTN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 73.98 | OVERBOUGHT | The high RSI value suggests NPTN may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NPTN has a positive trend. |
| Stochastics (14,3) | 98.99 | OVERBOUGHT | The high Stochastics value suggests NPTN may be overbought. |
| Average True Range in percent/ATR (20) | 0.4 | LOW VOLATILITY | The low ATR as a percentage value for NPTN suggests low volalility. |
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)
16.01
+0.01 (+0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg0.06%
1 Week2.04%
2 Weeks1.84%
1 Month1.78%
3 Month6.73%
6 Month3.96%
12 Month71.78%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%0.4%
ATR Inc-73.58%
Range Today0.02
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS96.28
Mansfield2.14
10 Day High16.01
10 Day Low15.67
20 Day High16.01
20 Day Low15.67
52 Week High16.14
52 Week Low7.95
CS1 End15.99
CR1 Start16.02
Volume & EV
DER(3)7.75%
DER(5)6.03%
Volume1.75M
Volume Incr134.2%
Vol(5)1.62M
Vol(50)856.53K