Logo image of NGA

Northern Genesis Acquisition Corp (NGA) Stock Technical Analysis

NYSE:NGA - New York Stock Exchange, Inc. -

16.17  -1.13 (-6.53%)

After market: 16.69 +0.52 (+3.22%)

Technical Rating and Analysis

1

Overall NGA gets a technical rating of 1 out of 10. NGA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, NGA is a bad performer in the overall market: 100% of all stocks are doing better.
NGA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NGA has an average volume of 1503630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month NGA has a been trading in the 12.76 - 19.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
Northern Genesis Acquisition Corp / NGA Weekly stock chart
Northern Genesis Acquisition Corp / NGA Daily stock chart
Setup Rating and Analysis

5

Although the technical rating is bad, NGA does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 17.77. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

13.41

18.54

2 important support areas can be observed.

  • Support @15.17 from a horizontal line in the weekly time frame.
  • Support @13.55 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • A resistance zone ranging from 17.77 to 17.86. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @18.36 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.21
10 Day Low15.55
20 Day High19.21
20 Day Low12.76
52 Week High35.25
52 Week Low9.6
Performance
1 Week-12.59%
2 Weeks6.59%
1 Month-6.21%
3 Month-36.56%
6 Month60.26%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)0.11
RSI(14)44.48
LBB13.39
UBB20.28
Northern Genesis Acquisition Corp / NGA Daily stock chart

Northern Genesis Acquisition Corp

NYSE:NGA (5/6/2021, 8:04:01 PM)

After market: 16.69 +0.52 (+3.22%)

16.17

-1.13 (-6.53%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-6.53%
1 Week-12.59%
2 Weeks6.59%
1 Month-6.21%
3 Month-36.56%
6 Month60.26%
12 Month0%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.57
ATR(20)%8.48%
ATR Inc-28.34%
Range Today1.56
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High19.21
10 Day Low15.55
20 Day High19.21
20 Day Low12.76
52 Week High35.25
52 Week Low9.6
CS1 End15.17
CR1 Start17.77
Volume & EV
DER(3)-0.54%
DER(5)-1.18%
Volume1.24M
Volume Incr-35.21%
Vol(5)796.28K
Vol(50)1.50M