NYSE:NTCO - New York Stock Exchange, Inc. - US63884N1081 - ADR - Currency: USD
We assign a technical rating of 4 out of 10 to NTCO. NTCO was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
Although the technical rating is only medium, NTCO does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 6.63. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 6.53, a Stop Loss order could be placed below this zone.
5.37
3 important support areas can be observed.
3 important resistance areas can be observed.
6.57
0 (0%)