NORFOLK SOUTHERN CORP (NSC) Stock Technical Analysis
NYSE:NSC - New York Stock Exchange, Inc. - US6558441084 - Common Stock - Currency: USD
Taking everything into account, NSC scores 0 out of 10 in our technical rating. NSC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
73% of all other stocks performed better in the past year than NSC.
In the last month NSC has a been trading in the 243.91 - 270.00 range, which is quite wide. It is currently trading near the lows of this range.
NSC is part of the Ground Transportation industry. There are 39 other stocks in this industry. NSC outperforms 71% of them.
NSC has an average volume of 1254530 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NSC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NSC is lagging the market.
Although the technical rating is bad, NSC does present a nice setup opportunity. 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 238.65, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
212.53
279.78
When analyzing the support we can see 3 important areas.
- A support zone ranging from 237.18 to 238.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @230.59 from a horizontal line in the daily time frame.
- Support @214.68 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 249.40 to 259.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 275.86 to 277.01. 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
CRS27.95
Mansfield-0.58
10 Day High259.9
10 Day Low243.91
20 Day High270.01
20 Day Low243.91
52 Week High277.6
52 Week Low206.71
Performance
1 Week-3.68%
2 Weeks-1.48%
1 Month-3.27%
3 Month-7.88%
6 Month2.95%
12 Month-3.97%
2 Year10.2%
3 Year-3.41%
5 Year35.87%
10 Year126.97%
15 Year381.74%
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)-0.9
RSI(14)45.31
LBB246.19
UBB259.23
247.76
-1.65 (-0.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryGround Transportation
Performance
% Chg-0.66%
1 Week-3.68%
2 Weeks-1.48%
1 Month-3.27%
3 Month-7.88%
6 Month2.95%
12 Month-3.97%
2 Year10.2%
3 Year-3.41%
5 Year35.87%
10 Year126.97%
15 Year381.74%
Volatility
ATR(14)5.05
ATR(20)%2.43%
ATR Inc-13.01%
Range Today5.06
ADR(20)5.68
ADR(20)%2.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.95
Mansfield-0.58
10 Day High259.9
10 Day Low243.91
20 Day High270.01
20 Day Low243.91
52 Week High277.6
52 Week Low206.71
CS1 End238.65
CR1 Start249.4
Volume & EV
DER(3)1.89%
DER(5)1.65%
Volume1.49M
Volume Incr8.25%
Vol(5)1.40M
Vol(50)1.25M