NETSTREIT CORP (NTST) Stock Technical Analysis
USA - NYSE:NTST - US64119V3033 - REIT
18 USD
-0.35 (-1.91%)
18 USD
0 (0%)
We assign a technical rating of 5 out of 10 to NTST. NTST has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NTST is one of the better performing stocks in the Diversified REITs industry, it outperforms 84% of 130 stocks in the same industry.
NTST is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NTST is lagging the market slightly.
In the last month NTST has a been trading in the 17.53 - 19.18 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NTST has an average volume of 1380970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NTST turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
NTST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 17.97, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
13.65
19.15
We found 2 important support areas.
- A support zone ranging from 17.39 to 17.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @13.79 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 18.19 to 18.26. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 18.59 to 18.96. 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 | 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 | 60.05 | NEUTRAL | NTST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTST is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NTST is below 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) | 43.66 | NEUTRAL | The RSI value for NTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NTST has a negative trend. |
| Stochastics (14,3) | 56.91 | NEUTRAL | The Stochastics value for NTST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NTST suggests some volalility. |
| Average Directional Index/ADX (14) | 19.28 | NEGATIVE | The low ADX value for NTST suggests a weak or negative trend. |
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)
18
-0.35 (-1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-1.91%
1 Week-1.32%
2 Weeks0.17%
1 Month-4.66%
3 Month7.85%
6 Month19.84%
12 Month10.7%
2 Year15.53%
3 Year1.07%
5 Year-1.42%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.38
ATR(20)%2.06%
ATR Inc10.12%
Range Today0.57
ADR(20)0.36
ADR(20)%2.02%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.05
Mansfield0.07
10 Day High18.76
10 Day Low17.82
20 Day High19.18
20 Day Low17.53
52 Week High19.18
52 Week Low13.42
CS1 End17.97
CR1 Start18.19
Volume & EV
DER(3)1.79%
DER(5)-0.29%
Volume3.93M
Volume Incr83.56%
Vol(5)1.81M
Vol(50)1.38M