NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
NYSE:NSC - New York Stock Exchange, Inc. - US6558441084 - Common Stock - Currency: USD
Overall NSC gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NSC is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
NSC is one of the better performing stocks in the Ground Transportation industry, it outperforms 87% of 40 stocks in the same industry.
NSC is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NSC is lagging the market slightly.
NSC has an average volume of 2044570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. However, this overall good ranking is mostly due to the recent strong move.
In the last month NSC has a been trading in the 257.49 - 288.11 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Besides having an excellent technical rating, NSC also presents 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 support zone below the current price at 274.84, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NSC in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
212.54
289.29
We found 4 important support areas.
- A support zone ranging from 271.66 to 274.84. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 258.93 to 262.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @248.16 from a horizontal line in the daily time frame.
- A support zone ranging from 214.69 to 217.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 279.50 to 286.43. 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 | 80.03 | POSITIVE | NSC has a high relative strength, it outperformed 80.03% 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) | 60.46 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.63 | NEGATIVE | The MACD value suggests NSC has a negative trend. |
| Stochastics (14,3) | 63.68 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.21 | MEDIUM VOLATILITY | The ATR as a percentage value for NSC suggests some volalility. |
| Average Directional Index/ADX (14) | 47.63 | POSITIVE | The high ADX value value for NSC suggests a strong 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)
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 |
|---|---|---|---|
| 286.44 | 273.09 | 13.35 (4.66%) | 21.46% |
| An entry @286.44. This is a Buy Stop order right above the resistance zone. | An exit @273.09. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 13.35 points, which is 4.66%. | For a 1.00% total portfolio risk, you can invest 21.46% 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.
278.12
+3.27 (+1.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.19%
1 Week-2.9%
2 Weeks0.27%
1 Month6.97%
3 Month24.44%
6 Month11.65%
12 Month16.07%
2 Year35.66%
3 Year14.39%
5 Year30.86%
10 Year256.98%
15 Year418.11%
Volatility
ATR(14)6.72
ATR(20)%2.21%
ATR Inc-20.27%
Range Today4.81
ADR(20)5.4
ADR(20)%1.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS80.03
Mansfield0.4
10 Day High288.11
10 Day Low273.1
20 Day High288.11
20 Day Low257.49
52 Week High288.11
52 Week Low201.63
CS1 End274.84
CR1 Start279.5
Volume & EV
DER(3)4.35%
DER(5)3.34%
Volume3.12M
Volume Incr131.64%
Vol(5)5.03M
Vol(50)2.04M