Technical Analysis for 0MGC - NKT Holding

Grade Last Price % Change Price Change
B 576.25 1.77% 10.00
0MGC closed up 1.77 percent on Friday, April 26, 2024, on 15 percent of normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Extremely Strong Up Up Down

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
200 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Overbought Stochastic Strength 0.00%
Lower Bollinger Band Touch Weakness 0.00%

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Profile

NKT Holding Description

NKT A/S develops, manufactures, and markets cables, accessories, and solutions in Denmark and internationally. It operates through Solutions, Applications, and Service & Accessories segments. The company offers high voltage cable solutions, including high voltage onshore and offshore AC and DC, city, and dynamic cables; medium voltage and universal cables; and low voltage building wires, flexible cables and conduits, control cables, 1 kV cables, and telecom energy cables. The company also provides high voltage cable accessories, such as GIS/transformer terminations, low pressure oil-filled cable systems, outdoor terminations, wind power applications, and joints; medium voltage cable accessories, which include medium voltage cable joints, cable connectors, voltage terminations, cable branch cabinets, paper-insulated lead sheath cables, and pre-assembled connection cables. In addition, it offers onshore cable services comprising of maintenance, spare parts management, resources on call, and cable jointing and termination services, as well as repair preparedness; and offshore cable, high voltage testing, cable monitoring, and oil and gas cable competence center services, as well as technology consulting services. The company was formerly known as NKT Holding A/S and changed its name to NKT A/S in May 2017. NKT A/S was founded in 1891 and is headquartered in Brøndby, Denmark.


Classification

Keywords: Electromagnetism Electric Power Photonics Electric Power Transmission Electrical Wiring Electrical Cable Cables High Voltage Cable Power Cables

Is 0MGC a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 608.25
52 Week Low 319.0
Average Volume 110
200-Day Moving Average 429.76
50-Day Moving Average 547.62
20-Day Moving Average 581.58
10-Day Moving Average 583.28
Average True Range 223.38
RSI (14) 53.05
ADX 99.38
+DI 1.80
-DI 0.00
Chandelier Exit (Long, 3 ATRs) -61.88
Chandelier Exit (Short, 3 ATRs) 1020.73
Upper Bollinger Bands 607.05
Lower Bollinger Band 556.10
Percent B (%b) 0.4
BandWidth 8.76
MACD Line 6.66
MACD Signal Line 11.65
MACD Histogram -4.9929
Fundamentals Value
Market Cap 156.32 Million
Num Shares 27.1 Million
EPS 1.53
Price-to-Earnings (P/E) Ratio 377.37
Price-to-Sales 0.04
Price-to-Book 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 914.73
Resistance 3 (R3) 877.12 726.68 858.31
Resistance 2 (R2) 726.68 640.49 745.49 839.49
Resistance 1 (R1) 651.47 587.23 689.08 689.08 820.70
Pivot Point 501.03 501.03 519.84 519.84 501.03
Support 1 (S1) 425.82 414.84 463.43 463.43 331.80
Support 2 (S2) 275.38 361.58 294.19 313.01
Support 3 (S3) 200.17 275.38 294.19
Support 4 (S4) 237.78