NORTECH SYSTEMS INC (NSYS) Technical Analysis
NASDAQ:NSYS • US6565531042
Current stock price
9.0001 USD
-0.58 (-6.05%)
At close:
9.41 USD
+0.41 (+4.55%)
After Hours:
NSYS Technical Rating and Analysis
Taking everything into account, NSYS scores 7 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, NSYS is only an average performer.
- Warning: NSYS has an average volume of 4998 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- 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!
- Looking at the yearly performance, NSYS did better than 77% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- NSYS is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry, NSYS did better than 56% of them.
- NSYS 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 NSYS is lagging the market slightly.
- In the last month NSYS has a been trading in the 8.50 - 9.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NSYS Weekly and Daily overview Charts
NSYS Setup Rating and Analysis
NSYS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 9.37, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
NSYS Support and Resistance Analysis
8.61
10.05
When analyzing the support we notice one important area.
- A support zone ranging from 8.70 to 8.75. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We can see 4 important resistance areas.
- Resistance @9.19 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 9.34 to 9.37. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @9.61 from a horizontal line in the daily time frame.
- A resistance zone ranging from 9.88 to 9.95. This zone is formed by a combination of multiple trend lines in multiple time frames.
NSYS Technical Indicator Signal Analysis
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 NSYS is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NSYS is neutral. |
| ChartMill Relative Strength | 77.5 | POSITIVE | NSYS has a high relative strength, it outperformed 77.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NSYS is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NSYS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NSYS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.96 | NEUTRAL | The RSI value for NSYS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NSYS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.34 | NEUTRAL | The Stochastics value for NSYS is a neutral value. |
| Average True Range in percent/ATR (20) | 4.75 | MEDIUM VOLATILITY | The ATR as a percentage value for NSYS suggests some volalility. |
| Average Directional Index/ADX (14) | 16.84 | NEGATIVE | The low ADX value for NSYS suggests a weak or negative trend. |
NSYS Chart- and CandleStick Pattern Analysis
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)
NSYS Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.62 | 9.33 | 0.29 (3.01%) | 25.00% |
| An entry @9.62. This is a Buy Stop order right above the resistance zone. | An exit @9.33. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.29 points, which is 3.01%. | For a 0.75% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NSYS. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NSYS Technicals: Chart, Performance Metrics, Trend & Indicators
9.0001
-0.58 (-6.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-6.05%
1 Week3.68%
2 Weeks1.05%
1 Month2.08%
3 Month34.93%
6 Month-3.04%
12 Month-3.62%
2 Year-28.24%
3 Year-10.05%
5 Year52.55%
10 Year148.83%
15 Year134.8%
Volatility
ATR(14)0.47
ATR(20)%4.75%
ATR Inc10.9%
Range Today0
ADR(20)0.37
ADR(20)%4.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS77.5
3 months CRS95.23
6 months CRS40.83
Mansfield0.42
10 Day High9.79
10 Day Low8.64
20 Day High9.79
20 Day Low8.5
52 Week High12.4
52 Week Low6.5
CS1 End9.37
CR1 Start9.61
Volume & EV
DER(3)-23.19%
DER(5)-15.21%
Volume107
Volume Incr-5.66%
Vol(5)4.08K
Vol(50)5.00K
NORTECH SYSTEMS INC / NSYS TA FAQ
What is the technical rating for NSYS stock?
ChartMill assigns a technical rating of 7 / 10 to NSYS.
What is the trend direction for NSYS stock?
The current trend direction for NORTECH SYSTEMS INC (NSYS) is Bullish.
What is the RSI signal for NORTECH SYSTEMS INC (NSYS) stock?
NORTECH SYSTEMS INC (NSYS) has an RSI value of 56.9602. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NORTECH SYSTEMS INC?
The MACD indicator for NORTECH SYSTEMS INC (NSYS) has a value of -0.00990046, indicating a bearish trend.