NORFOLK SOUTHERN CORP (NSC) Technical Analysis
NYSE:NSC • US6558441084
Current stock price
NSC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to NSC. Although NSC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- NSC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, NSC did better than 72% of all other stocks.
- NSC is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NSC is performing more or less in line with the market.
- NSC has an average volume of 1351200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- NSC is part of the Ground Transportation industry. There are 42 other stocks in this industry, NSC did better than 68% of them.
NSC Weekly and Daily overview Charts
NSC Setup Rating and Analysis
Although the technical rating is bad, NSC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 286.42, a Stop Loss order could be placed below this zone.
More info and screens
NSC Support and Resistance Analysis
212.54
2 important support areas can be observed.
- A support zone ranging from 274.85 to 286.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @214.69 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 316.24 to 317.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
NSC 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 | NEUTRAL | NEUTRAL | The long term trend for NSC is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NSC is down. |
| ChartMill Relative Strength | 72.63 | POSITIVE | NSC has a high relative strength, it outperformed 72.63% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NSC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NSC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NSC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.56 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.55 | POSITIVE | The MACD value suggests NSC has a positive trend. |
| Stochastics (14,3) | 56.45 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 2 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 34.68 | POSITIVE | The high ADX value value for NSC suggests a strong trend. |
NSC Chart- and CandleStick Pattern Analysis
NSC Technicals: Chart, Performance Metrics, Trend & Indicators
288
+1 (+0.35%)
NORFOLK SOUTHERN CORP / NSC TA FAQ
What is the ChartMill technical rating of NORFOLK SOUTHERN CORP (NSC) stock?
ChartMill assigns a technical rating of 2 / 10 to NSC.
What is the current trend direction of NORFOLK SOUTHERN CORP (NSC) stock?
The current trend direction for NORFOLK SOUTHERN CORP (NSC) is Bearish.
What is the RSI signal for NORFOLK SOUTHERN CORP (NSC) stock?
NORFOLK SOUTHERN CORP (NSC) has an RSI value of 43.5626. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORFOLK SOUTHERN CORP?
The short term momentum for NORFOLK SOUTHERN CORP (NSC) is negative.
What is the support and resistance level for NSC stock?
NORFOLK SOUTHERN CORP (NSC) has a support level at 286.42 and a resistance level at 316.24. Check the full technical report for our detailed analysis of NSC support and resistance levels.