NETSTREIT CORP (NTST) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NTST - US64119V3033 - REIT
Taking everything into account, NTST scores 5 out of 10 in our technical rating. Although NTST is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Although the technical rating is only medium, NTST does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.79. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 17.55, a Stop Loss order could be placed below this zone.
More info and screens
16.65
We found 2 important support areas.
- A support zone ranging from 17.22 to 17.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.82 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 17.79 to 18.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @18.39 from a horizontal line in the daily time frame.
- A resistance zone ranging from 19.26 to 19.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for NTST is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NTST is neutral. |
| ChartMill Relative Strength | 76.14 | POSITIVE | NTST has a high relative strength, it outperformed 76.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NTST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTST is below a declining 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) | 51.9 | NEUTRAL | The RSI value for NTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NTST has a positive trend. |
| Stochastics (14,3) | 80 | NEUTRAL | The Stochastics value for NTST is a neutral value. |
| Average True Range in percent/ATR (20) | 1.76 | LOW VOLATILITY | The low ATR as a percentage value for NTST suggests low volalility. |
| Average Directional Index/ADX (14) | 27.38 | POSITIVE | The high ADX value value for NTST suggests a strong trend. |
17.77
+0.13 (+0.74%)
NETSTREIT CORP / NTST FAQ
What is the ChartMill technical rating of NETSTREIT CORP (NTST) stock?
ChartMill assigns a technical rating of 5 / 10 to NTST.
What is the current trend direction of NETSTREIT CORP (NTST) stock?
The current trend direction for NETSTREIT CORP (NTST) is Bearish.
What is the RSI signal for NETSTREIT CORP (NTST) stock?
NETSTREIT CORP (NTST) has an RSI value of 51.9032. This indicates that the stock is currently neutral.
What is the short term momentum for NETSTREIT CORP (NTST) stock?
The short term momentum for NETSTREIT CORP (NTST) is neutral.
Can you provide the support and resistance levels for NETSTREIT CORP?
NETSTREIT CORP (NTST) has a support level at 17.55 and a resistance level at 17.79. Check the full technical report for our detailed analysis of NTST support and resistance levels.