NEUBERGER BERMAN REAL ESTATE (NRO) Stock Technical Analysis
NYSEARCA:NRO - NYSE Arca - US64190A1034 - Currency: USD
Overall NRO gets a technical rating of 0 out of 10. NRO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
62% of all other stocks performed better in the past year than NRO.
NRO 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 NRO is lagging the market slightly.
In the last month NRO has a been trading in a tight range between 3.13 and 3.29.
NRO has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 3.20. Right above this resistance zone may be a good entry point.
More info and screens
2.94
3.44
When analyzing the support we can see 3 important areas.
- A support zone ranging from 3.16 to 3.19. 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 3.02 to 3.03. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Support @2.97 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 3.20 to 3.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.41 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for NRO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRO is neutral. |
| ChartMill Relative Strength | 38.12 | NEUTRAL | NRO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NRO is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.59 | NEUTRAL | The RSI value for NRO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NRO has a negative trend. |
| Stochastics (14,3) | 60 | NEUTRAL | The Stochastics value for NRO is a neutral value. |
| Average True Range in percent/ATR (20) | 1.77 | LOW VOLATILITY | The low ATR as a percentage value for NRO suggests low volalility. |
| Average Directional Index/ADX (14) | 9.73 | NEGATIVE | The low ADX value for NRO suggests a weak or negative 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)
3.2
-0.02 (-0.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.62%
1 Week-0.93%
2 Weeks0%
1 Month-0.31%
3 Month-2.44%
6 Month-15.34%
12 Month-1.54%
2 Year5.26%
3 Year-20.4%
5 Year-11.85%
10 Year-32.49%
15 Year-4.19%
Volatility
ATR(14)0.05
ATR(20)%1.77%
ATR Inc-25.03%
Range Today0.05
ADR(20)0.05
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS38.12
Mansfield-1.28
10 Day High3.24
10 Day Low3.13
20 Day High3.29
20 Day Low3.13
52 Week High4.15
52 Week Low2.75
CS1 End3.19
CR1 Start3.2
Volume & EV
DER(3)-8.85%
DER(5)-5.63%
Volume267.30K
Volume Incr3.99%
Vol(5)209.22K
Vol(50)247.44K