NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
NYSE:NSC • US6558441084
Overall NSC gets a technical rating of 10 out of 10. 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.
- 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 NSC is one of the better performing stocks in the market, outperforming 74% of all stocks. We also observe that the gains produced by NSC over the past year are nicely spread over this period.
- NSC is part of the Ground Transportation industry. There are 42 other stocks in this industry. NSC outperforms 70% of them.
- 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 1189570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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 315.29. Right above this resistance zone may be a good entry point. Another positive sign is the recent Pocket Pivot signal.
- 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
212.54
We found 4 important support areas.
- Support @292.35 from a trend line in the weekly time frame.
- A support zone ranging from 280.38 to 286.56. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 274.71 to 274.85. 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.
We found 1 important resistance area.
- A resistance zone ranging from 315.29 to 317.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 74.69 | POSITIVE | NSC has a high relative strength, it outperformed 74.69% 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) | 59.2 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NSC has a negative trend. |
| Stochastics (14,3) | 73.21 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.88 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 26.91 | POSITIVE | The high ADX value value for NSC suggests a strong trend. |
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 |
|---|---|---|---|
| 317.31 | 310.12 | 7.19 (2.27%) | 25.00% |
| An entry @317.31. This is a Buy Stop order right above the resistance zone. | An exit @310.12. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 7.19 points, which is 2.27%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.57%. |
- The distance between exit and entry is rather small compared to the average daily movement of NSC. Please evaluate whether better entry and exit points can be found.
- 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.
313.01
+1.16 (+0.37%)
NORFOLK SOUTHERN CORP / NSC 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 NSC stock?
NORFOLK SOUTHERN CORP (NSC) has an RSI value of 59.2013. This indicates that the stock is currently neutral.
What is the MACD signal for NSC stock?
The MACD indicator for NORFOLK SOUTHERN CORP (NSC) has a value of -0.112797, indicating a bearish trend.
Can you provide the buy/sell signal for NORFOLK SOUTHERN CORP?
The buy/sell signal for NORFOLK SOUTHERN CORP (NSC) is buy as both the short term and long term trends are positive.