NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
NYSE:NSC - US6558441084 - Common Stock
277.39 USD
-7.21 (-2.53%)
277.39 USD
0 (0%)
We assign a technical rating of 6 out of 10 to NSC. NSC has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
NSC is part of the Ground Transportation industry. There are 40 other stocks in this industry. NSC outperforms 79% 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.
NSC has an average volume of 2234080 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 67% of them, which is more or less in line with the market.
In the last month NSC has a been trading in the 269.31 - 291.69 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NSC has an average technical rating and also the quality of the setup is only medium 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
289.29
When analyzing the support we can see 4 important areas.
- A support zone ranging from 276.71 to 277.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @258.93 from a horizontal line in the daily time frame.
- Support @218.32 from a trend line in the weekly time frame.
- Support @214.69 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 280.49 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 | NEUTRAL | NEUTRAL | The short term trend for NSC is neutral. |
| ChartMill Relative Strength | 67.49 | 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 | 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) | 49.22 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.82 | NEGATIVE | The MACD value suggests NSC has a negative trend. |
| Stochastics (14,3) | 57.08 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 2.15 | MEDIUM VOLATILITY | The ATR as a percentage value for NSC suggests some volalility. |
| Average Directional Index/ADX (14) | 36.61 | 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)
277.39
-7.21 (-2.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-2.53%
1 Week-0.86%
2 Weeks-0.33%
1 Month-3.15%
3 Month12.25%
6 Month12.87%
12 Month8.29%
2 Year35.31%
3 Year14.09%
5 Year30.52%
10 Year256.04%
15 Year416.75%
Volatility
ATR(14)5.97
ATR(20)%2.15%
ATR Inc266.68%
Range Today9.08
ADR(20)5.59
ADR(20)%2.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.49
Mansfield0.19
10 Day High291.7
10 Day Low269.31
20 Day High291.7
20 Day Low269.31
52 Week High291.7
52 Week Low201.63
CS1 End277.38
CR1 Start280.49
Volume & EV
DER(3)-3.7%
DER(5)-1.73%
Volume2.65M
Volume Incr-12.97%
Vol(5)2.60M
Vol(50)2.23M