NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NSC - US6558441084 - Common Stock
Overall NSC gets a technical rating of 4 out of 10. NSC has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NSC has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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212.54
When analyzing the support we can see 3 important areas.
- Support @279.52 from a horizontal line 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 286.42 to 291.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 300.16 to 300.42. This zone is formed by a combination of multiple trend lines 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 | NEUTRAL | NEUTRAL | The short term trend for NSC is neutral. |
| ChartMill Relative Strength | 63.66 | NEUTRAL | NSC is not amongst the best or worst performers 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) | UP | MIXED | The current price of NSC is below 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) | 38.83 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.95 | NEGATIVE | The MACD value suggests NSC has a negative trend. |
| Stochastics (14,3) | 17 | OVERSOLD | The low Stochastics value suggests NSC may be oversold. |
| Average True Range in percent/ATR (20) | 1.37 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 16.05 | NEGATIVE | The low ADX value for NSC suggests a weak or negative trend. |
284.09
-7.06 (-2.42%)
NORFOLK SOUTHERN CORP / NSC FAQ
What is the ChartMill technical rating of NORFOLK SOUTHERN CORP (NSC) stock?
ChartMill assigns a technical rating of 4 / 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 38.8279. 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 -0.952153, indicating a bearish trend.