NETCLASS TECHNOLOGY INC (NTCL) Stock Technical Analysis
NASDAQ:NTCL • KYG6427C1087
Overall NTCL gets a technical rating of 0 out of 10. NTCL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than NTCL.
- NTCL is one of the lesser performing stocks in the Diversified Consumer Services industry. 86% of 75 stocks in the same industry do better.
- NTCL is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NTCL has a been trading in the 0.22 - 0.50 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NTCL has an average volume of 2498300 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of NTCL is bad and it also does not present a quality setup 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
0.27
2 important resistance areas can be observed.
- Resistance @0.43 from a trend line in the daily time frame.
- Resistance @0.48 from a trend 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 | DOWN | NEGATIVE | The long term trend for NTCL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTCL is down. |
| ChartMill Relative Strength | 0.67 | NEGATIVE | NTCL has a low relative strength, it was outperformed by 99.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTCL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTCL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTCL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.08 | NEUTRAL | The RSI value for NTCL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NTCL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.8 | OVERSOLD | The low Stochastics value suggests NTCL may be oversold. |
| Average True Range in percent/ATR (20) | 20.95 | HIGH VOLATILITY | The high ATR as a percentage value for NTCL suggests high volalility. |
| Average Directional Index/ADX (14) | 14.24 | NEGATIVE | The low ADX value for NTCL suggests a weak or negative trend. |
0.27
+0.02 (+7.87%)
NETCLASS TECHNOLOGY INC / NTCL FAQ
What is the ChartMill technical rating of NETCLASS TECHNOLOGY INC (NTCL) stock?
ChartMill assigns a technical rating of 0 / 10 to NTCL.
What is the current trend direction of NETCLASS TECHNOLOGY INC (NTCL) stock?
The current trend direction for NETCLASS TECHNOLOGY INC (NTCL) is Bearish.
Can you provide the RSI signal for NETCLASS TECHNOLOGY INC?
NETCLASS TECHNOLOGY INC (NTCL) has an RSI value of 34.078. This indicates that the stock is currently neutral.
What is the MACD signal for NETCLASS TECHNOLOGY INC (NTCL) stock?
The MACD indicator for NETCLASS TECHNOLOGY INC (NTCL) has a value of 0.000215802, indicating a bearish trend.
What is the buy/sell signal for NTCL stock?
The buy/sell signal for NETCLASS TECHNOLOGY INC (NTCL) is sell as both the short term and long term trends are negative.