NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NSC - US6558441084 - Common Stock
289.72 USD
+5.63 (+1.98%)
289.4 USD
-0.32 (-0.11%)
Taking everything into account, NSC scores 6 out of 10 in our technical rating. 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.
In the last month NSC has a been trading in the 283.31 - 300.42 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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 one of the better performing stocks in the Ground Transportation industry, it outperforms 73% of 42 stocks in the same industry.
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 1289330 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.
NSC has an average technical rating and the quality of the presented setup is also not ideal 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
303.42
When analyzing the support we can see 4 important areas.
- A support zone ranging from 286.42 to 289.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong 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.
We can see 2 important resistance areas.
- A resistance zone ranging from 291.10 to 291.76. 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 | 67.52 | NEUTRAL | NSC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NSC is below 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) | 49.33 | NEUTRAL | The RSI value for NSC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests NSC has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.52 | NEUTRAL | The Stochastics value for NSC is a neutral value. |
| Average True Range in percent/ATR (20) | 1.42 | LOW VOLATILITY | The low ATR as a percentage value for NSC suggests low volalility. |
| Average Directional Index/ADX (14) | 17.5 | NEGATIVE | The low ADX value for NSC suggests a weak or negative 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)
289.72
+5.63 (+1.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg1.98%
1 Week0.35%
2 Weeks-0.74%
1 Month0.07%
3 Month0.47%
6 Month8.68%
12 Month23.84%
2 Year23.16%
3 Year17.86%
5 Year22.44%
10 Year310.95%
15 Year373.48%
Volatility
ATR(14)3.96
ATR(20)%1.42%
ATR Inc144.67%
Range Today7.94
ADR(20)4.08
ADR(20)%1.41%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS67.52
3 months CRS43.94
6 months CRS64.39
Mansfield-0.07
10 Day High293.83
10 Day Low283.31
20 Day High300.42
20 Day Low283.31
52 Week High302.24
52 Week Low201.63
CS1 End289.52
CR1 Start291.1
Volume & EV
DER(3)-0.32%
DER(5)-0.34%
Volume725.89K
Volume Incr-9.19%
Vol(5)1.11M
Vol(50)1.29M
NORFOLK SOUTHERN CORP / NSC FAQ
What is the ChartMill technical rating of NORFOLK SOUTHERN CORP (NSC) stock?
ChartMill assigns a technical rating of 6 / 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 49.3296. 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 -0.718419, indicating a bearish trend.