NORTH EUROPEAN OIL RTY TRUST (NRT) Stock Technical Analysis
USA - NYSE:NRT - US6593101065
6.33 USD
+0.7 (+12.43%)
6.2 USD
-0.13 (-2.05%)
Taking everything into account, NRT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NRT 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.
When comparing the yearly performance of all stocks, we notice that NRT is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by NRT over the past year are nicely spread over this period.
NRT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 87% of 209 stocks in the same industry.
NRT is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NRT has a been trading in the 5.23 - 6.34 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NRT has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
4.66
6.39
When analyzing the support we can see 4 important areas.
- A support zone ranging from 5.48 to 5.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 5.39 to 5.39. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @4.98 from a horizontal line in the daily time frame.
- Support @4.71 from a trend 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 NRT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRT is up. |
| ChartMill Relative Strength | 87.9 | POSITIVE | NRT has a high relative strength, it outperformed 87.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.97 | OVERBOUGHT | The high RSI value suggests NRT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NRT has a positive trend. |
| Stochastics (14,3) | 77.7 | NEUTRAL | The Stochastics value for NRT is a neutral value. |
| Average True Range in percent/ATR (20) | 3.38 | MEDIUM VOLATILITY | The ATR as a percentage value for NRT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.49 | NEGATIVE | The low ADX value for NRT 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)
6.33
+0.7 (+12.43%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg12.43%
1 Week14.05%
2 Weeks17.88%
1 Month12.63%
3 Month25.35%
6 Month38.82%
12 Month47.21%
2 Year-42.03%
3 Year-59.27%
5 Year102.24%
10 Year-36.06%
15 Year-77.8%
Volatility
ATR(14)0.21
ATR(20)%3.38%
ATR Inc154.37%
Range Today0.69
ADR(20)0.21
ADR(20)%3.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.9
3 months CRS85.75
6 months CRS84
Mansfield1.68
10 Day High6.34
10 Day Low5.33
20 Day High6.34
20 Day Low5.23
52 Week High6.34
52 Week Low3.88
CS1 End5.51
CR1 StartN/A
Volume & EV
DER(3)6.69%
DER(5)5.86%
Volume154.90K
Volume Incr85.2%
Vol(5)55.20K
Vol(50)39.76K
NORTH EUROPEAN OIL RTY TRUST / NRT FAQ
What is the ChartMill technical rating of NORTH EUROPEAN OIL RTY TRUST (NRT) stock?
ChartMill assigns a technical rating of 10 / 10 to NRT.
What is the trend direction for NRT stock?
The current trend direction for NORTH EUROPEAN OIL RTY TRUST (NRT) is Bullish.
Can you provide the RSI signal for NORTH EUROPEAN OIL RTY TRUST?
NORTH EUROPEAN OIL RTY TRUST (NRT) has an RSI value of 72.9736. This indicates that the stock is currently overbought.
Can you provide the MACD signal for NORTH EUROPEAN OIL RTY TRUST?
The MACD indicator for NORTH EUROPEAN OIL RTY TRUST (NRT) has a value of 0.0581567, indicating a bearish trend.
What is the short term momentum for NRT stock?
The short term momentum for NORTH EUROPEAN OIL RTY TRUST (NRT) is positive.