NORTHERN TECHNOLOGIES INTL (NTIC) Stock Technical Analysis
USA - NASDAQ:NTIC - US6658091094 - Common Stock
Taking everything into account, NTIC scores 0 out of 10 in our technical rating. NTIC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NTIC 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
7.12
2 important support areas can be observed.
- A support zone ranging from 7.40 to 7.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.19 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 7.74 to 8.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.41 from a horizontal line in the daily time frame.
- Resistance @14.17 from a horizontal line in the weekly 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 NTIC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTIC is down. |
| ChartMill Relative Strength | 16.26 | NEGATIVE | NTIC has a low relative strength, it was outperformed by 83.74% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTIC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTIC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTIC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.44 | NEUTRAL | The RSI value for NTIC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NTIC has a negative trend. |
| Stochastics (14,3) | 11.7 | OVERSOLD | The low Stochastics value suggests NTIC may be oversold. |
| Average True Range in percent/ATR (20) | 3.02 | MEDIUM VOLATILITY | The ATR as a percentage value for NTIC suggests some volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for NTIC suggests a possible start of a new trend. |
7.52
+0.08 (+1.08%)
NORTHERN TECHNOLOGIES INTL / NTIC FAQ
What is the ChartMill technical rating of NORTHERN TECHNOLOGIES INTL (NTIC) stock?
ChartMill assigns a technical rating of 0 / 10 to NTIC.
What is the trend direction for NTIC stock?
The current trend direction for NORTHERN TECHNOLOGIES INTL (NTIC) is Bearish.
What is the RSI signal for NTIC stock?
NORTHERN TECHNOLOGIES INTL (NTIC) has an RSI value of 40.4407. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NORTHERN TECHNOLOGIES INTL?
The short term momentum for NORTHERN TECHNOLOGIES INTL (NTIC) is negative.
Can you provide the support and resistance levels for NORTHERN TECHNOLOGIES INTL?
NORTHERN TECHNOLOGIES INTL (NTIC) has a support level at 7.51 and a resistance level at 7.74. Check the full technical report for our detailed analysis of NTIC support and resistance levels.