Technical Analysis for NAM - Namoi Cotton Ltd  

Grade Last Price % Change Price Change
A 0.595 -2.46% -0.015
NAM closed down 2.46 percent on Wednesday, April 24, 2024, on 0 percent of normal volume. 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
Very Strong Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
New 52 Week Closing High Bullish -2.46%
Calm After Storm Range Contraction -2.46%
NR7 Range Contraction -2.46%
Narrow Range Bar Range Contraction -2.46%
New 52 Week High Strength -2.46%
Stochastic Reached Overbought Strength -2.46%

   Recent Intraday Alerts

Alert Time
Gapped Down (Full) 2 days ago
Down 1 ATR 2 days ago
Fell Below Previous Day's Low 2 days ago
Down 2% 2 days ago
Down 1% 2 days ago

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Profile

Namoi Cotton Ltd   Description

Namoi Cotton Co-operative Limited is a cotton processing and marketing company. The Company's principal activity is ginning and marketing cotton. Its segments include Ginning, Marketing and Commodities. It offers services, including cotton seed marketing and commodity packing services. The ginning business operates over 10 cotton gins located in the areas of New South Wales (NSW) and Queensland. The ginning service provided to the growers during the production process includes the separation of lint cotton from seed and other foreign matter and the conversion of cotton in module form to bale form. The marketing business involves the purchase of lint cotton from Australian growers using a range of forward contracts that offer differing combinations of price, delivery and risk characteristics. Its controlled entity, Namoi Cotton Commodities Pty Ltd, procures various grain and pulse crops from Australian growers and sells these into various domestic and international markets.


Classification

Sector: Consumer Defensive
Industry: Farm Products
Keywords: Marketing Agriculture Commodity Crops Growers Cotton

Is NAM 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 0.61
52 Week Low 0.3252
Average Volume 180,941
200-Day Moving Average 0.440
50-Day Moving Average 0.524
20-Day Moving Average 0.586
10-Day Moving Average 0.588
Average True Range 0.008
RSI (14) 70.33
ADX 60.56
+DI 48.734
-DI 17.817
Chandelier Exit (Long, 3 ATRs) 0.586
Chandelier Exit (Short, 3 ATRs) 0.506
Upper Bollinger Bands 0.602
Lower Bollinger Band 0.570
Percent B (%b) 0.79
BandWidth 5.532
MACD Line 0.022
MACD Signal Line 0.023
MACD Histogram -0.0011
Fundamentals Value
Market Cap 83.62 Million
Num Shares 141 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -148.75
Price-to-Sales 2.32
Price-to-Book 0.38
PEG Ratio 0.00
Dividend 0.02
Dividend Yield 3.36%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.595
Resistance 3 (R3) 0.595 0.595 0.595
Resistance 2 (R2) 0.595 0.595 0.595 0.595
Resistance 1 (R1) 0.595 0.595 0.595 0.595 0.595
Pivot Point 0.595 0.595 0.595 0.595 0.595
Support 1 (S1) 0.595 0.595 0.595 0.595 0.595
Support 2 (S2) 0.595 0.595 0.595 0.595
Support 3 (S3) 0.595 0.595 0.595
Support 4 (S4) 0.595