NETSTREIT CORP (NTST) Stock Technical Analysis
NYSE:NTST - New York Stock Exchange, Inc. - US64119V3033 - REIT - Currency: USD
We assign a technical rating of 9 out of 10 to NTST. Both in the recent history as in the last year, NTST has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NTST did better than 79% of all other stocks.
NTST is part of the Diversified REITs industry. There are 130 other stocks in this industry. NTST outperforms 93% of them.
NTST is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NTST has a been trading in the 16.71 - 18.93 range, which is quite wide. It is currently trading near the high of this range.
NTST has an average volume of 1227480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NTST has an excellent technical rating, it does not offer a high 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
13.65
18.95
We found 5 important support areas.
- A support zone ranging from 17.66 to 17.86. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 16.62 to 17.27. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @15.45 from a horizontal line in the daily time frame.
- Support @15.02 from a horizontal line in the daily time frame.
- Support @13.79 from a horizontal line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 18.76 to 18.76. 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 | UP | POSITIVE | The short term trend for NTST is up. |
| ChartMill Relative Strength | 79.02 | POSITIVE | NTST has a high relative strength, it outperformed 79.02% 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) | 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) | 71.23 | OVERBOUGHT | The high RSI value suggests NTST may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NTST has a positive trend. |
| Stochastics (14,3) | 70.17 | NEUTRAL | The Stochastics value for NTST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NTST suggests some volalility. |
| Average Directional Index/ADX (14) | 38.6 | POSITIVE | The high ADX value value for NTST suggests a strong 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)
18.75
+0.44 (+2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg2.4%
1 Week1.85%
2 Weeks4.28%
1 Month10.1%
3 Month16.1%
6 Month30.03%
12 Month21.91%
2 Year10.75%
3 Year-4.63%
5 Year2.24%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%2.29%
ATR Inc35.6%
Range Today0.4
ADR(20)0.42
ADR(20)%2.25%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.02
Mansfield0.95
10 Day High18.93
10 Day Low17.54
20 Day High18.93
20 Day Low16.71
52 Week High18.93
52 Week Low13.42
CS1 End17.86
CR1 Start18.76
Volume & EV
DER(3)3.02%
DER(5)4.53%
Volume879.80K
Volume Incr5.16%
Vol(5)1.60M
Vol(50)1.23M