NATIONAL RESEARCH CORP (NRC) Technical Analysis
NASDAQ:NRC • US6373722023
Current stock price
NRC Technical Rating and Analysis
Taking everything into account, NRC scores 6 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NRC is only an average performer.
- Both the short term and long term trends are positive. This is a very positive sign.
- NRC is one of the better performing stocks in the Health Care Providers & Services industry, it outperforms 70% of 100 stocks in the same industry.
- NRC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- Looking at the yearly performance, NRC did better than 70% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- NRC 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 NRC is lagging the market slightly.
NRC Weekly and Daily overview Charts
NRC Setup Rating and Analysis
Although the technical rating is only medium, NRC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 17.13, a Stop Loss order could be placed below this zone.
More info and screens
NRC Support and Resistance Analysis
12.13
We found 2 important support areas.
- A support zone ranging from 16.88 to 17.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 12.25 to 12.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 17.27 to 17.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @17.73 from a horizontal line in the daily time frame.
- Resistance @21.82 from a trend line in the weekly time frame.
NRC Technical Indicator Signal Analysis
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 NRC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRC is up. |
| ChartMill Relative Strength | 70.59 | POSITIVE | NRC has a high relative strength, it outperformed 70.59% 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) | DOWN | MIXED | The current price of NRC is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.69 | NEUTRAL | The RSI value for NRC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.06 | NEUTRAL | The Stochastics value for NRC is a neutral value. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for NRC suggests high volalility. |
| Average Directional Index/ADX (14) | 25.28 | POSITIVE | The high ADX value value for NRC suggests a strong trend. |
NRC Chart- and CandleStick Pattern Analysis
NRC Technicals: Chart, Performance Metrics, Trend & Indicators
17.16
-0.18 (-1.04%)
NATIONAL RESEARCH CORP / NRC TA FAQ
What is the ChartMill technical rating of NATIONAL RESEARCH CORP (NRC) stock?
ChartMill assigns a technical rating of 6 / 10 to NRC.
Can you provide the trend direction for NATIONAL RESEARCH CORP?
The current trend direction for NATIONAL RESEARCH CORP (NRC) is Bullish.
What is the RSI signal for NATIONAL RESEARCH CORP (NRC) stock?
NATIONAL RESEARCH CORP (NRC) has an RSI value of 56.6928. This indicates that the stock is currently neutral.
What is the MACD signal for NRC stock?
The MACD indicator for NATIONAL RESEARCH CORP (NRC) has a value of 0.00403342, indicating a bearish trend.
What is the buy/sell signal for NATIONAL RESEARCH CORP (NRC) stock?
The buy/sell signal for NATIONAL RESEARCH CORP (NRC) is buy as both the short term and long term trends are positive.