NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
NYSE:NSC - New York Stock Exchange, Inc. - US6558441084 - Common Stock - Currency: USD
We assign a technical rating of 8 out of 10 to NSC. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NSC is only an average performer.
The long and short term trends are both positive. This is looking good!
NSC is part of the Ground Transportation industry. There are 40 other stocks in this industry. NSC outperforms 76% of them.
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.
In the last month NSC has a been trading in the 245.19 - 264.68 range, which is quite wide. It is currently trading near the high of this range.
NSC has an average volume of 1314240 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 76% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Although NSC has an excellent technical rating, it 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.
More info and screens
212.54
264.62
We found 4 important support areas.
- A support zone ranging from 253.48 to 256.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 245.66 to 248.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 239.41 to 241.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 214.69 to 215.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
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 | 76.92 | POSITIVE | NSC has a high relative strength, it outperformed 76.92% 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) | 71.41 | OVERBOUGHT | The high RSI value suggests NSC may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.21 | POSITIVE | The MACD value suggests NSC has a positive trend. |
| Stochastics (14,3) | 82.73 | OVERBOUGHT | The high Stochastics value suggests NSC may be overbought. |
| Average True Range in percent/ATR (20) | 1.61 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 39.93 | 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)
262
-0.38 (-0.14%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.14%
1 Week2.66%
2 Weeks4.62%
1 Month5.65%
3 Month24.21%
6 Month11.07%
12 Month21.38%
2 Year12.16%
3 Year4.31%
5 Year36.31%
10 Year210.68%
15 Year365.61%
Volatility
ATR(14)3.9
ATR(20)%1.61%
ATR Inc57.6%
Range Today3.05
ADR(20)4.08
ADR(20)%1.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS76.92
Mansfield-0.03
10 Day High264.68
10 Day Low250.65
20 Day High264.68
20 Day Low245.19
52 Week High277.6
52 Week Low201.63
CS1 End253.78
CR1 Start257.08
Volume & EV
DER(3)1.62%
DER(5)2.81%
Volume2.00M
Volume Incr20.96%
Vol(5)1.62M
Vol(50)1.31M