NATURAL GAS SERVICES GROUP (NGS) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NGS - US63886Q1094 - Common Stock
Taking everything into account, NGS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NGS has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, NGS also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 32.47, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NGS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
18.27
We found 3 important support areas.
- A support zone ranging from 31.75 to 32.47. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 28.54 to 28.82. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.45 from a horizontal line in the weekly time frame.
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 NGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGS is up. |
| ChartMill Relative Strength | 87.16 | POSITIVE | NGS has a high relative strength, it outperformed 87.16% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.45 | NEUTRAL | The RSI value for NGS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.22 | NEUTRAL | The Stochastics value for NGS is a neutral value. |
| Average True Range in percent/ATR (20) | 3.48 | MEDIUM VOLATILITY | The ATR as a percentage value for NGS suggests some volalility. |
| Average Directional Index/ADX (14) | 39.35 | POSITIVE | The high ADX value value for NGS suggests a strong trend. |
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 |
|---|---|---|---|
| 33.83 | 31.74 | 2.09 (6.18%) | 16.19% |
| An entry @33.83. This is a Buy Stop order right above the 10 day high. | An exit @31.74. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.09 points, which is 6.18%. | When investing 16.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
32.48
-0.86 (-2.58%)
NATURAL GAS SERVICES GROUP / NGS FAQ
Can you provide the ChartMill technical rating for NATURAL GAS SERVICES GROUP?
ChartMill assigns a technical rating of 10 / 10 to NGS.
Can you provide the trend direction for NATURAL GAS SERVICES GROUP?
The current trend direction for NATURAL GAS SERVICES GROUP (NGS) is Bullish.
Can you provide the RSI signal for NATURAL GAS SERVICES GROUP?
NATURAL GAS SERVICES GROUP (NGS) has an RSI value of 59.446. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NATURAL GAS SERVICES GROUP?
The MACD indicator for NATURAL GAS SERVICES GROUP (NGS) has a value of 0.0215607, indicating a bearish trend.
What is the buy/sell signal for NGS stock?
The buy/sell signal for NATURAL GAS SERVICES GROUP (NGS) is buy as both the short term and long term trends are positive.