NATIONAL RESEARCH CORP (NRC) Stock Technical Analysis
NASDAQ:NRC - Nasdaq - US6373722023 - Common Stock - Currency: USD
Overall NRC gets a technical rating of 6 out of 10. NRC has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
When comparing the yearly performance of all stocks, NRC is a bad performer in the overall market: 79% of all stocks are doing better.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NRC has a been trading in the 12.29 - 16.21 range, which is quite wide. It is currently trading near the high of this range.
NRC is part of the Health Care Providers & Services industry. There are 104 other stocks in this industry, NRC did better than 46% of them.
NRC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRC is lagging the market.
Although the technical rating is only medium, NRC does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NRC in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.84
17.41
When analyzing the support we can see 2 important areas.
- A support zone ranging from 14.87 to 14.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.97 to 12.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @15.85 from a trend line in the weekly time frame.
- A resistance zone ranging from 16.17 to 16.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 16.96 to 17.24. 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 | NEUTRAL | NEUTRAL | The long term trend for NRC is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRC is up. |
| ChartMill Relative Strength | 21.48 | NEGATIVE | NRC has a low relative strength, it was outperformed by 78.52% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NRC is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.26 | NEUTRAL | The RSI value for NRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 90.63 | OVERBOUGHT | The high Stochastics value suggests NRC may be overbought. |
| Average True Range in percent/ATR (20) | 4.39 | MEDIUM VOLATILITY | The ATR as a percentage value for NRC suggests some volalility. |
| Average Directional Index/ADX (14) | 23.02 | NEUTRAL | The ADX value for NRC suggests a possible start of a new 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 15.86 | 14.86 | 1.00 (6.31%) | 15.86% |
| An entry @15.86. This is a Buy Stop order right above the resistance zone. | An exit @14.86. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 1.00 points, which is 6.31%. | When investing 15.86% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
15.72
-0.45 (-2.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.78%
1 Week0.96%
2 Weeks11.02%
1 Month6.72%
3 Month15.67%
6 Month0.7%
12 Month-28.15%
2 Year-62.39%
3 Year-53.91%
5 Year-71.93%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.64
ATR(20)%4.39%
ATR Inc9.85%
Range Today0.5
ADR(20)0.67
ADR(20)%4.26%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS21.48
Mansfield-1.23
10 Day High16.21
10 Day Low14.32
20 Day High16.21
20 Day Low12.29
52 Week High22.99
52 Week Low9.76
CS1 End14.99
CR1 Start15.85
Volume & EV
DER(3)7.5%
DER(5)4.21%
Volume117.20K
Volume Incr0.41%
Vol(5)112.60K
Vol(50)107.44K