NETSTREIT CORP (NTST) Stock Technical Analysis
NYSE:NTST - US64119V3033 - REIT
18.29 USD
+0.09 (+0.49%)
18.29 USD
0 (0%)
Overall NTST gets a technical rating of 6 out of 10. 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.
In the last month NTST has a been trading in the 18.02 - 19.18 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
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 86% of 129 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.
NTST has an average volume of 1264290 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When compared to the yearly performance of all other stocks, NTST outperforms 69% of them, which is more or less in line with the market.
NTST has only a medium technical rating, but it does show 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 18.28, a Stop Loss order could be placed below this zone.
More info and screens
13.65
19.15
4 important support areas can be observed.
- A support zone ranging from 17.71 to 18.28. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @17.07 from a trend line in the daily time frame.
- Support @15.45 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 18.42 to 18.96. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 69.49 | 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 | 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) | 48.24 | NEUTRAL | The RSI value for NTST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NTST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.82 | OVERSOLD | The low Stochastics value suggests NTST may be oversold. |
| Average True Range in percent/ATR (20) | 1.82 | LOW VOLATILITY | The low ATR as a percentage value for NTST suggests low volalility. |
| Average Directional Index/ADX (14) | 32.5 | 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)
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 |
|---|---|---|---|
| 18.55 | 18.01 | 0.54 (2.90%) | 25.00% |
| An entry @18.55. This is a Buy Stop order right above the 10 day moving average. | An exit @18.01. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.54 points, which is 2.90%. | For a 0.73% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- 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.
18.29
+0.09 (+0.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg0.49%
1 Week-1.24%
2 Weeks-2.66%
1 Month-0.11%
3 Month13.6%
6 Month22.26%
12 Month9.59%
2 Year8.03%
3 Year-6.97%
5 Year-0.27%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%1.82%
ATR Inc-7.36%
Range Today0.2
ADR(20)0.33
ADR(20)%1.79%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS69.49
Mansfield0.47
10 Day High19.18
10 Day Low18.02
20 Day High19.18
20 Day Low18.02
52 Week High19.18
52 Week Low13.42
CS1 End18.28
CR1 Start18.42
Volume & EV
DER(3)2.64%
DER(5)0%
Volume1.20M
Volume Incr-15.97%
Vol(5)1.04M
Vol(50)1.26M