NORTEK INC (NTK) Stock Technical Analysis
NASDAQ:NTK - Nasdaq - US6565593091
Taking everything into account, NTK scores 8 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NTK is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NTK is currently trading near its 52 week high. This is a good sign, certainly because the S&P500 Index is not trading near new highs.
NTK is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the yearly performance of all stocks, we notice that NTK is one of the better performing stocks in the market, outperforming 92% of all stocks. However, this overall good ranking is mostly due to the recent strong move.
In the last month NTK has a been trading in a tight range between 85.80 and 87.00.
Besides having an excellent technical rating, NTK also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 85.93, a Stop Loss order could be placed below this zone.
More info and screens
48.24
88.12
We found 3 important support areas.
- A support zone ranging from 85.79 to 85.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @55.09 from a trend line in the daily time frame.
- Support @48.73 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 85.98 to 87.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.38
Mansfield4.53
10 Day High86.22
10 Day Low85.82
20 Day High87
20 Day Low85.8
52 Week High88.3
52 Week Low33.85
Performance
1 Week-0.13%
2 Weeks-0.03%
1 Month-0.85%
3 Month75.64%
6 Month99.17%
12 Month10.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.63
RSI(14)71.21
LBB85.89
UBB86.06
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 |
|---|---|---|---|
| 86.23 | 85.81 | 0.42 (0.49%) | 25.00% |
| An entry @86.23. This is a Buy Stop order right above the 10 day high. | An exit @85.81. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.42 points, which is 0.49%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.12%. |
- 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.
85.94
-0.05 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.06%
1 Week-0.13%
2 Weeks-0.03%
1 Month-0.85%
3 Month75.64%
6 Month99.17%
12 Month10.02%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%0.35%
ATR Inc-12.77%
Range Today0.34
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.38
Mansfield4.53
10 Day High86.22
10 Day Low85.82
20 Day High87
20 Day Low85.8
52 Week High88.3
52 Week Low33.85
CS1 End85.93
CR1 Start85.98
Volume & EV
DER(3)0.84%
DER(5)-0.42%
Volume259.10K
Volume Incr13.88%
Vol(5)71.40K
Vol(50)141.40K