USA - NYSE:NTST - US64119V3033 - REIT
We assign a technical rating of 7 out of 10 to NTST. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NTST is only an average performer.
Although NTST has an excellent technical rating, the quality of the presented setup is not ideal 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.
17.33
When analyzing the support we can see 3 important areas.
When analyzing the resistance we notice one important area.
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 NTST is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTST is neutral. |
| ChartMill Relative Strength | 67.32 | NEUTRAL | NTST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NTST is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NTST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NTST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.56 | NEUTRAL | The RSI value for NTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NTST has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 69.75 | NEUTRAL | The Stochastics value for NTST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.28 | MEDIUM VOLATILITY | The ATR as a percentage value for NTST suggests some volalility. |
| Average Directional Index/ADX (14) | 31.22 | POSITIVE | The high ADX value value for NTST suggests a strong trend. |
18.79
-0.75 (-3.84%)
ChartMill assigns a technical rating of 7 / 10 to NTST.
The current trend direction for NETSTREIT CORP (NTST) is Bullish.
NETSTREIT CORP (NTST) has an RSI value of 50.56. This indicates that the stock is currently neutral.
The MACD indicator for NETSTREIT CORP (NTST) has a value of 0.0177103, indicating a bearish trend.
The short term momentum for NETSTREIT CORP (NTST) is neutral.