THE9 LTD-ADR (NCTY) Stock Technical Analysis
NASDAQ:NCTY - Nasdaq - US88337K4013 - ADR - Currency: USD
We assign a technical rating of 8 out of 10 to NCTY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
When comparing the yearly performance of all stocks, we notice that NCTY is one of the better performing stocks in the market, outperforming 98% of all stocks. On top of that, NCTY also shows a nice and consistent pattern of rising prices.
NCTY is one of the better performing stocks in the Software industry, it outperforms 96% of 284 stocks in the same industry.
NCTY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NCTY is lagging the market.
In the last month NCTY has a been trading in the 14.20 - 17.10 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NCTY has an excellent technical rating, but the quality of the setup is only medium 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
13.96
17.23
We found 3 important support areas.
- A support zone ranging from 14.80 to 14.92. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @14.51 from a horizontal line in the daily time frame.
- Support @14.10 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @17.06 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.1
Mansfield6.23
10 Day High16.85
10 Day Low14.2
20 Day High17.1
20 Day Low14.2
52 Week High20.59
52 Week Low4.6
Performance
1 Week5.51%
2 Weeks6.46%
1 Month0.3%
3 Month48.92%
6 Month119.89%
12 Month200.55%
2 Year52.5%
3 Year-58.3%
5 Year-77.12%
10 Year-90.31%
15 Year-97.65%
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)56.96
LBB14.64
UBB16.42
16.47
+1.59 (+10.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg10.69%
1 Week5.51%
2 Weeks6.46%
1 Month0.3%
3 Month48.92%
6 Month119.89%
12 Month200.55%
2 Year52.5%
3 Year-58.3%
5 Year-77.12%
10 Year-90.31%
15 Year-97.65%
Volatility
ATR(14)0.92
ATR(20)%5.93%
ATR Inc57.8%
Range Today1.69
ADR(20)0.95
ADR(20)%5.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.1
Mansfield6.23
10 Day High16.85
10 Day Low14.2
20 Day High17.1
20 Day Low14.2
52 Week High20.59
52 Week Low4.6
CS1 End14.92
CR1 Start17.06
Volume & EV
DER(3)-4.34%
DER(5)-4.18%
Volume208.40K
Volume Incr22.88%
Vol(5)100.70K
Vol(50)120.09K