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. Although NSC is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
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 73% of 39 stocks in the same industry.
In the last month NSC has a been trading in the 222.00 - 253.67 range, which is quite wide. It is currently trading near the high of this range.
NSC has an average volume of 1380960 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 68% of them, which is more or less in line with the market.
NSC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NSC is lagging the market slightly.
Although NSC has an excellent technical rating, it does not present a decent entry opportunity 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
211.96
262.29
4 important support areas can be observed.
- A support zone ranging from 237.09 to 245.91. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 230.44 to 232.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @218.62 from a horizontal line in the daily time frame.
- A support zone ranging from 214.10 to 214.69. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @259.69 from a horizontal line in the daily 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 | 68.4 | NEUTRAL | NSC is not amongst the best or worst performers 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) | 66.85 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests NSC has a positive trend. |
| Stochastics (14,3) | 79.64 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.86 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 28.38 | 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)
250.77
+3.85 (+1.56%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.56%
1 Week1.48%
2 Weeks4.64%
1 Month11.92%
3 Month3.53%
6 Month-3.84%
12 Month11.92%
2 Year10.59%
3 Year10.33%
5 Year42.83%
10 Year187.05%
15 Year372.71%
Volatility
ATR(14)4.36
ATR(20)%1.86%
ATR Inc24.44%
Range Today4.52
ADR(20)3.89
ADR(20)%1.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.4
Mansfield-0.08
10 Day High253.67
10 Day Low236.37
20 Day High253.67
20 Day Low222
52 Week High277.6
52 Week Low201.63
CS1 End245.91
CR1 Start259.69
Volume & EV
DER(3)-0.18%
DER(5)-0.39%
Volume1.14M
Volume Incr-7.58%
Vol(5)1.19M
Vol(50)1.38M