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. Prices have been consolidating lately and the volatility has been reduced. 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
When analyzing the support we can see 3 important areas.
3 important resistance areas can be observed.
6.57
0 (0%)