NORTHSTAR REALTY EUROPE CORP (NRE) Stock Technical Analysis
USA - NYSE:NRE -
Taking everything into account, NRE scores 7 out of 10 in our technical rating. In the last year, NRE was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
Besides having an excellent technical rating, NRE also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 17.02. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.02, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- 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
14.45
We found 3 important support areas.
- A support zone ranging from 16.95 to 17.02. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.96 from a horizontal line in the weekly time frame.
- Support @14.60 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 17.02 to 17.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @17.93 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for NRE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRE is up. |
| ChartMill Relative Strength | 87.07 | POSITIVE | NRE has a high relative strength, it outperformed 87.07% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NRE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.09 | NEUTRAL | The RSI value for NRE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRE has a positive trend. |
| Stochastics (14,3) | 73.15 | NEUTRAL | The Stochastics value for NRE is a neutral value. |
| Average True Range in percent/ATR (20) | 0.18 | LOW VOLATILITY | The low ATR as a percentage value for NRE suggests low volalility. |
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 |
|---|---|---|---|
| 17.05 | 16.95 | 0.10 (0.59%) | 25.00% |
| An entry @17.05. This is a Buy Stop order right above the 10 day high. | An exit @16.95. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 0.59%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.15%. |
- 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.
17.02
+0.03 (+0.18%)
NORTHSTAR REALTY EUROPE CORP / NRE FAQ
What is the technical rating for NRE stock?
ChartMill assigns a technical rating of 6 / 10 to NRE.
Can you provide the trend direction for NORTHSTAR REALTY EUROPE CORP?
The current trend direction for NORTHSTAR REALTY EUROPE CORP (NRE) is Bullish.
What is the RSI signal for NRE stock?
NORTHSTAR REALTY EUROPE CORP (NRE) has an RSI value of 57.0944. This indicates that the stock is currently neutral.
What is the MACD signal for NORTHSTAR REALTY EUROPE CORP (NRE) stock?
The MACD indicator for NORTHSTAR REALTY EUROPE CORP (NRE) has a value of 0.000110673, indicating a bearish trend.
What are the support and resistance levels for NORTHSTAR REALTY EUROPE CORP (NRE) stock?
NORTHSTAR REALTY EUROPE CORP (NRE) has a support level at 17.02 and a resistance level at 17.02. Check the full technical report for our detailed analysis of NRE support and resistance levels.