NEW ENGLAND REALTY ASSOC-LP (NEN) Stock Technical Analysis
NYSEARCA:NEN - NYSE Arca - US6442061049 - Currency: USD
We assign a technical rating of 8 out of 10 to NEN. 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.
Warning: NEN has an average volume of 668 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
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.
When comparing the yearly performance of all stocks, we notice that NEN is one of the better performing stocks in the market, outperforming 78% of all stocks. On top of that, NEN also shows a nice and consistent pattern of rising prices.
NEN is part of the Real Estate Management & Development industry. There are 64 other stocks in this industry. NEN outperforms 77% of them.
NEN 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 NEN has a been trading in the 76.50 - 83.14 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
NEN has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 83.00. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 81.31, a Stop Loss order could be placed below this zone.
More info and screens
67.82
83.97
6 important support areas can be observed.
- A support zone ranging from 80.24 to 81.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 75.50 to 78.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @73.50 from a trend line in the weekly time frame.
- Support @71.92 from a trend line in the daily time frame.
- Support @70.00 from a horizontal line in the daily time frame.
- A support zone ranging from 68.50 to 68.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 83.00 to 83.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.72
Mansfield-0.32
10 Day High83.14
10 Day Low77.2
20 Day High83.14
20 Day Low76.5
52 Week High84
52 Week Low64
Performance
1 Week-1.37%
2 Weeks-0.85%
1 Month-0.61%
3 Month1.23%
6 Month14.69%
12 Month22.39%
2 Year12.22%
3 Year1.23%
5 Year40.17%
10 Year67.42%
15 Year361.54%
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)-0.13
RSI(14)52.03
LBB78.15
UBB84.99
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 |
|---|---|---|---|
| 83.15 | 80.23 | 2.92 (3.51%) | 25.00% |
| An entry @83.15. This is a Buy Stop order right above the resistance zone. | An exit @80.23. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.92 points, which is 3.51%. | For a 0.88% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NEN. Please evaluate whether better entry and exit points can be found.
- 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.
NYSEARCA:NEN (2/12/2025, 8:04:00 PM)
82
+2.96 (+3.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryReal Estate Management & Development
Performance
% Chg3.74%
1 Week-1.37%
2 Weeks-0.85%
1 Month-0.61%
3 Month1.23%
6 Month14.69%
12 Month22.39%
2 Year12.22%
3 Year1.23%
5 Year40.17%
10 Year67.42%
15 Year361.54%
Volatility
ATR(14)2.17
ATR(20)%2.96%
ATR Inc72.6%
Range Today0
ADR(20)0.68
ADR(20)%0.83%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.72
Mansfield-0.32
10 Day High83.14
10 Day Low77.2
20 Day High83.14
20 Day Low76.5
52 Week High84
52 Week Low64
CS1 End81.31
CR1 Start83
Volume & EV
DER(3)0%
DER(5)0%
Volume100
Volume Incr-40.87%
Vol(5)340
Vol(50)668