NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
USA - NYSE:NSC - US6558441084 - Common Stock
278 USD
-0.09 (-0.03%)
278 USD
0 (0%)
Taking everything into account, NSC scores 5 out of 10 in our technical rating. In the last year, NSC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NSC is part of the Ground Transportation industry. There are 42 other stocks in this industry. NSC outperforms 80% 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 268.23 - 291.69 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NSC has an average volume of 2420030 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NSC outperforms 65% of them, which is more or less in line with the market.
Although the technical rating is only medium, NSC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 277.80, a Stop Loss order could be placed below this zone.
More info and screens
212.54
289.29
We found 3 important support areas.
- A support zone ranging from 272.27 to 277.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @219.38 from a trend line in the weekly time frame.
- Support @214.69 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- Resistance @278.14 from a trend line in the daily time frame.
- A resistance zone ranging from 284.61 to 286.43. 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 | 65.45 | NEUTRAL | NSC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NSC is above a declining 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) | 52.3 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.22 | NEGATIVE | The MACD value suggests NSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.06 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for NSC suggests a possible start of a new 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)
278
-0.09 (-0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.03%
1 Week2.07%
2 Weeks-0.07%
1 Month-2.64%
3 Month9.8%
6 Month19.96%
12 Month12.16%
2 Year41.17%
3 Year32.6%
5 Year29.91%
10 Year263.87%
15 Year367.15%
Volatility
ATR(14)3.86
ATR(20)%1.8%
ATR Inc-6.26%
Range Today3.56
ADR(20)4.68
ADR(20)%1.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS65.45
Mansfield-0.02
10 Day High280.99
10 Day Low268.23
20 Day High291.7
20 Day Low268.23
52 Week High291.7
52 Week Low201.63
CS1 End277.8
CR1 Start278.14
Volume & EV
DER(3)0.67%
DER(5)1%
Volume2.85M
Volume Incr-6.48%
Vol(5)1.88M
Vol(50)2.42M