NORFOLK SOUTHERN CORP (NSC) Technical Analysis
NYSE:NSC • US6558441084
Current stock price
NSC Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to NSC. Both in the recent history as in the last year, NSC has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NSC is one of the better performing stocks in the market, outperforming 80% of all stocks. We also observe that the gains produced by NSC over the past year are nicely spread over this period.
- NSC is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- NSC is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- NSC has an average volume of 1363330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- NSC is part of the Ground Transportation industry. There are 42 other stocks in this industry, NSC did better than 63% of them.
NSC Weekly and Daily overview Charts
NSC Setup Rating and Analysis
NSC has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. 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 317.29. Right above this resistance zone may be a good entry point. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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
NSC Support and Resistance Analysis
212.54
When analyzing the support we can see 3 important areas.
- A support zone ranging from 300.15 to 304.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 274.85 to 289.51. This zone is formed by a combination of multiple trend lines 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 317.29 to 321.45. 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 | UP | POSITIVE | The long term trend for NSC is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NSC is up. |
| ChartMill Relative Strength | 80.2 | POSITIVE | NSC has a high relative strength, it outperformed 80.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NSC is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NSC is above the rising 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) | 63.94 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.4 | POSITIVE | The MACD value suggests NSC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.96 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 27.67 | POSITIVE | The high ADX value value for NSC suggests a strong trend. |
NSC Chart- and CandleStick Pattern Analysis
NSC Example Setup
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 |
|---|---|---|---|
| 321.46 | 298.00 | 23.46 (7.30%) | 13.70% |
| An entry @321.46. This is a Buy Stop order right above the resistance zone. | An exit @298.00. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 23.46 points, which is 7.30%. | For a 1.00% total portfolio risk, you can invest 13.70% of your capital in this trade. |
- 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.
NSC Technicals: Chart, Performance Metrics, Trend & Indicators
315.9
+0.07 (+0.02%)
NORFOLK SOUTHERN CORP / NSC TA FAQ
What is the ChartMill technical rating of NORFOLK SOUTHERN CORP (NSC) stock?
ChartMill assigns a technical rating of 10 / 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 Bullish.
What is the RSI signal for NORFOLK SOUTHERN CORP (NSC) stock?
NORFOLK SOUTHERN CORP (NSC) has an RSI value of 63.9411. 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 positive.
What is the support and resistance level for NSC stock?
NORFOLK SOUTHERN CORP (NSC) has a support level at 304.38 and a resistance level at 317.29. Check the full technical report for our detailed analysis of NSC support and resistance levels.