We assign a technical rating of 0 out of 10 to NTCL. NTCL scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NTCL has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 1.11. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.04, a Stop Loss order could be placed below this zone.
More info and screens
1.02
When analyzing the support we notice one important area.
- A support zone ranging from 1.03 to 1.04. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 1.11 to 1.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 1.19 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEGATIVE | NTCL has a low relative strength, it was outperformed by 100% 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) | 41.68 | 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) | 23.45 | NEUTRAL | The Stochastics value for NTCL is a neutral value. |
| Average True Range in percent/ATR (20) | 10.05 | HIGH VOLATILITY | The high ATR as a percentage value for NTCL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.1 | NEUTRAL | The ADX value for NTCL suggests a possible start of a new trend. |
1.07
-0.02 (-1.83%)
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.
Can you provide the trend direction for NETCLASS TECHNOLOGY INC?
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 41.6823. This indicates that the stock is currently neutral.
What is the MACD signal for NTCL stock?
The MACD indicator for NETCLASS TECHNOLOGY INC (NTCL) has a value of 0.00255902, indicating a bearish trend.
Can you provide the short term momentum for NETCLASS TECHNOLOGY INC?
The short term momentum for NETCLASS TECHNOLOGY INC (NTCL) is negative.