PIMCO ENRGY & TACT CRDT OPP (NRGX) Stock Technical Analysis
NYSE:NRGX - New York Stock Exchange, Inc. - US69346N1072 - Currency: USD
We assign a technical rating of 10 out of 10 to NRGX. Both in the recent history as in the last year, NRGX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NRGX did better than 91% of all other stocks. We also observe that the gains produced by NRGX over the past year are nicely spread over this period.
NRGX is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NRGX is leading the market.
In the last month NRGX has a been trading in the 18.55 - 20.36 range, which is quite wide. It is currently trading near the high of this range.
Besides having an excellent technical rating, NRGX also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 20.27. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.82, a Stop Loss order could be placed below this zone.
More info and screens
13.39
20.47
We found 4 important support areas.
- A support zone ranging from 19.54 to 19.82. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 18.48 to 18.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @14.64 from a trend line in the weekly time frame.
- Support @13.53 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 20.27 to 20.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.99
Mansfield1.58
10 Day High20.36
10 Day Low19.48
20 Day High20.36
20 Day Low18.55
52 Week High20.36
52 Week Low13.51
Performance
1 Week3.31%
2 Weeks0.55%
1 Month6.41%
3 Month18.76%
6 Month40.79%
12 Month30.42%
2 Year55.49%
3 Year159.74%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)67.01
LBB19.32
UBB20.3
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 |
|---|---|---|---|
| 20.28 | 19.53 | 0.75 (3.70%) | 25.00% |
| An entry @20.28. This is a Buy Stop order right above the resistance zone. | An exit @19.53. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.75 points, which is 3.70%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.92%. |
- 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.
NYSE:NRGX (11/20/2023, 8:26:40 PM)
20.26
+0.2 (+1%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1%
1 Week3.31%
2 Weeks0.55%
1 Month6.41%
3 Month18.76%
6 Month40.79%
12 Month30.42%
2 Year55.49%
3 Year159.74%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%1.93%
ATR Inc-31.98%
Range Today0.26
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
CRS91.99
Mansfield1.58
10 Day High20.36
10 Day Low19.48
20 Day High20.36
20 Day Low18.55
52 Week High20.36
52 Week Low13.51
CS1 End19.82
CR1 Start20.27
Volume & EV
DER(3)-0.99%
DER(5)-4.8%
Volume136.20K
Volume Incr-12.15%
Vol(5)148.36K
Vol(50)223.72K