|
|
Archive
- 1/3/2025 -
Sign In to see current Signals. |
Northrop Grumman Corp. (NOC) Technical Analysis
|
 |
| Summary:
| | Weekly :  | | Daily :
Move cursor over the icon to see details.
| | It was the negative week for the Northrop Grumman Corp. (NOC). During the week, the NOC gave back -3.60 points, or -0.76%, and closed at 467.80 on Friday, January 3, 2025. Weekly volume was -37% below average.
 Long-term trend: [See NOC long-term trend chart]
A long-term uptrend had started on March 6, 2009 at 33.81 and reached 556.24 on October 28, 2022. NOC gained -522.43 points, or -1545.19%, in 712 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 357.63 and resistance is at 643.10. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.
 Medium-term trend: [See NOC medium-term trend chart]
A medium-term uptrend had started on June 14, 2024 at 418.60 and reached 555.57 on October 1, 2024. NOC gained -136.97 points, or -32.72%, in 15 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The uptrend support line (541.28) is broken. Usually a broken support is considered to be a long-term bearish signal, but since daily indicators are oversold a short-term pull back is possible. NOC may retest the broken support line. It is considered to be a resistance line now. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
 Weekly Technical Indicators: [See NOC weekly technical indicators chart]
Weekly Williams' Percentage Range and Lane's Stochastic are strongly oversold. Use the Technical Stock Screener to see the list of stocks with weekly strongly oversold Williams' Percentage Range and Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following links to access Lane's Stochastic and Williams' Percentage Range help.
The weekly MACD line is below its signal line since November 8, 2024. The distance between MACD and the signal line is relatively high and getting bigger. Use the following link to access a MACD help.
 Short-term trend: [See NOC short-term trend chart]
A short-term downtrend had started on November 11, 2024 at 539.80 and reached 462.80 on December 19, 2024. NOC lost 77.00 points, or 14.26%, in 38 days. The chart has formed a Falling Wedge chart pattern.
 Daily Technical Indicators: [See NOC daily technical indicators chart]
Daily Williams' Percentage Range is oversold. Use the Technical Stock Screener to see the list of stocks with daily oversold Williams' Percentage Range.
The daily MACD line is above its signal line since December 23, 2024. The distance between MACD and the signal line is low, but getting bigger.
| |
|
|