Monday, January 16, 2017 10:34:47 PM
SEE CHART:
That coupled with the fact that the RSI is coming off of the critical high level above 70, now going through a reset, currently at 68.06
Simple Moving Average (SMA)
NTCXF is trading above its 50 day simple moving average. This is considered to be the sign of a bullish trend. There is added weight to this indication because the moving average is rising and suggests that there has been buying interest in this stock.
Exponential Moving Average (EMA)
On Tuesday, NTCXF closed above its 200 day exponential moving average. This is generally considered to be an indication of a bullish trend.
Bollinger Bands ®
NTCXF is presently near its upper Bollinger Band. This suggests that it is at a high level relative to recent action.
Moving Average Convergence Divergence(MACD)
The MACD for NTCXF currently indicates a strong bullish signal for two reasons. First, the MACD is above the signal line, a 9-day moving average. Second, the MACD is above 0 which implies that the underlying moving averages are trending higher.
Relative Strength Index (RSI)
The RSI recently dropped to 68.06 from above the critical level of 70. This signals that NTCXF is no longer overbought and the internal strength of the stock appears to be waning.
Slow Stochastics
The Stochastic Oscillator is registering a bearish signal as the %K line has crossed under the %D and the oscillator recently crossed below the critical value of 80, moving from its overbought indication.
Fast Stochastics
The Stochastic Oscillator is registering a weak bearish signal as the %K line has crossed under the %D. However, the oscillator is currently above the critical value of 80, indicating NTCXF as being overbought. An overbought condition suggests that the recent upwards momentum is not sustainable. The oscillator moving below 80 will increase the bearishness of this signal.
Looking for an entry point any where near or around that area +/- 1-2 cent points............................WE WILL SEE.
GO NTCXF
"PEACE"
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM