NETSOL TECHNOLOGIES INC (NTWK) Stock Technical Analysis
NASDAQ:NTWK - Nasdaq - US64115A4022 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NTWK. NTWK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
75% of all other stocks performed better in the past year than NTWK.
NTWK is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NTWK is lagging the market.
In the last month NTWK has a been trading in the 2.42 - 2.78 range, which is quite wide. It is currently trading near the lows of this range.
Warning: NTWK has an average volume of 26958 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
NTWK is part of the Software industry. There are 283 other stocks in this industry, NTWK did better than 43% of them.
Although the technical rating is bad, NTWK does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.37
2.81
When analyzing the support we can see 2 important areas.
- A support zone ranging from 2.43 to 2.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.39 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @2.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 2.56 to 2.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 2.70 to 2.78. 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
CRS25.82
Mansfield-1.41
10 Day High2.77
10 Day Low2.42
20 Day High2.78
20 Day Low2.42
52 Week High3.34
52 Week Low2.28
Performance
1 Week2.87%
2 Weeks-5.28%
1 Month-5.64%
3 Month-6.69%
6 Month-7.04%
12 Month-11.31%
2 Year-9.55%
3 Year-36.93%
5 Year-24.17%
10 Year-58.17%
15 Year-73.85%
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)-0.01
RSI(14)41.59
LBB2.4
UBB2.79
2.51
+0.01 (+0.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg0.4%
1 Week2.87%
2 Weeks-5.28%
1 Month-5.64%
3 Month-6.69%
6 Month-7.04%
12 Month-11.31%
2 Year-9.55%
3 Year-36.93%
5 Year-24.17%
10 Year-58.17%
15 Year-73.85%
Volatility
ATR(14)0.11
ATR(20)%5.13%
ATR Inc-29.49%
Range Today0.08
ADR(20)0.13
ADR(20)%5.05%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.82
Mansfield-1.41
10 Day High2.77
10 Day Low2.42
20 Day High2.78
20 Day Low2.42
52 Week High3.34
52 Week Low2.28
CS1 End2.43
CR1 Start2.51
Volume & EV
DER(3)2.97%
DER(5)0.46%
Volume39.10K
Volume Incr44.54%
Vol(5)35.34K
Vol(50)26.96K