NOC New All Time Highs Soon?NOC getting closer to a breakout
12 Weeks Long Base
Making Higher Lows
Showing Great Relative Strength
Institutional Ownership: 84%
Measured Target: 540
NOCG34 trade ideas
$NOC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOC after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 75%.
$NOC with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $NOC after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 66.67%.
Investing opportunity Northcop Grumman Corporation
As you can see, this company is on all-time high, we have a strong demamd zone on the daily timeframe.
This buying opportunity is a high quality setup. And it has a high probability to hit the take profit.
cant see this going much higher 👀NOC looks like a triple top off rsi resistance, looking for a dip to 410 area before we see the next rally on this one.
like and follow for more! ❤
ABC BullishPossible stop under C or recent pocket pivot.
NOC broke the resistance of the prior gap down. More resistance overhead at tops of long candle wicks. There is a long legged doji and 2 shooting stars up there.
The bottom of today's candle is sitting on the 50 SMA/orange. Longer term moving averages are sloping up. The 20 needs some work/blue/and is sloping down and trying to cut down through the 50. Moving averages are lagging indicators.
William's alligator which is comprised of shorter term moving averages is pointing up and is becoming untangled.
Larger white numbers are targets one and the smaller are targets 2. Targets 2 are longer term and may or may not be reached. It is also possible targets one will not be reached as all one can do is make an educated guess. This chart is just an observation and not a recommendation. I wish I knew for sure (o:
NOC is not oversold of overbought on RSI. CMF is positive. Short percent is under 1%.
LMT is in a cup and handle pattern with long entry at 397.10 and targets are 424.60 and 442.
"The investor’s chief problem – and even his worst enemy – is likely to be himself." ~ Benjamin Graham
NOC - LONGERTLike this a lot. If we can hold the blue range I think its possible it finally begins its move out of the consolidation its been in for a long time. When it leaves it will LEAVE
I expect more downside short term, potential bounce off support✅NOC recently tried breaking extreme resistance twice and created a double top formation in the process, unless we break back above resistance a test of 344.16 is very likely in the near future.
also pay attention RSI! its about to break below local RSI support which is not a good sign for longs. Like and follow for more 💘
NOC, Oscillator predictionsLooking at the highlighted places there is a fluctuation between each increase in stock. Clear indications in 3 different areas with a high increase where the oscillator starts fluctuating and after a tremendous rise in stock. I think this tool can be further manipulated and used with research and time.
$NOC in Bull Trend as Prime Focus Stock on Geopolitical HeatNOC in Defense space.
With US administration now promising retaliation for Kabul bombings, NOC is a prime player and just closed above the major MA for the first time in a couple months while in a longer-term bullish trend.
$NOC Box SetupSetting up a nice box long setup and building its base right around the 50 MA. 2 things against the setup right now, High volume black bar on Friday and ATHs from Jan 2020 right above where the pattern is forming (red line on chart). That could be a problem for the breakout. None the less, its worth adding to your watchlist.
$NOC Gap and Go? Watch ListThis defense contractor may be ready to move to new high ground. I have made pertinent comments on the chart. If you were to pull up a weekly chart, you'd see that this formation is either the formation of a 1st stage base on base or a second stage base setting up. What does that mean? There is a better than normal chance that this stock still has a big move in front of it. All TBD. I'll have this on my watch list and will look for a logical entry where I can define my risk. My hope is it will move sideways for a few days and then start it's move to the upside. My stop would likely be below the low of the gap up day. There is also an area of resistance just above current price. Ideas, not investing / trading advice.
From earnings whispers in early April:
Northrop Grumman Beats
Northrop Grumman (NOC) reported 1st Quarter March 2021 earnings of $6.57 per share on revenue of $9.2 billion. The consensus earnings estimate was $5.48 per share on revenue of $8.5 billion. The Earnings Whisper number was $5.81 per share. Revenue grew 6.2% on a year-over-year basis.
Northrop Grumman Corporation is a security company providing systems, products and solutions in unmanned systems, cybersecurity; command, control, communications and computers (C4) intelligence, surveillance, and reconnaissance.
Cup and HandleMid cup is 317.50
No recommendation
Price is above top bollinger band today with moving average set on 80 verses 20/Possible pull back/Yesterday's candle was a shooting star
Is Northrop Grumman Set To Cool DownI was disappointed with my last call on NOC and hesitant to make this one. However, the RSI signaled a drop first and the other algorithms followed suit today. NOC is also at the top of the trading channel it has been in. All of these factors make me much more confident NOC is set to decline somewhat over the next month. The overall market has been hot. I am getting signals from multiple big name companies that are overbought and due for at least a brief cool down. In the case of NOC, 4 of my algorithms signaled a SELL on April 8, 2021. Equities nearly always obey the signal and move down, but sometimes it may continue to move up first.
I have placed two red boxes and two green boxes on the chart. The larger red box depicts all of the historical movement, from a percentage standpoint, that this stock has moved on the 2 Hour chart after a SELL signal occurred. Therefore, this box represents 100% of previous movement upward before the stock finally moved downward. The smaller red box represents 50% of all historical movement upward, before the stock moved downward. The smaller box is more of a precise target for the potential top in this instance.
The green boxes represent the same thing. In this instance, the smaller green box would be my projected target for the final bottom.
The black dotted arrow represents median historical movement. Medians are a good metric, but they are just one of many I use when forecasting future movement.
As always, the stock could decline the very next bar after the signal without looking back (therefore the red boxes would not come into play) or the stock may never decline (and the green boxes may never come into play).
All statistics and the full analysis are available for free as always at the site below.
Inverse Head and Shoulders Cup and handleNOC has broken the neckline of the inverse H&S but has not reached long entry level for the cup and handle pattern.
Earnings 4-29.
This sector has been lagging. But everything changes (o:
Not a recommendation.
The inverted head and shoulder pattern is formed in the downtrend. It’s formed because of the change in how investors perceive the stock or the stock market. The stock is trading very low. This drives some investors to buy the stock. The stock prices rise to form the pattern’s left shoulder.
The downtrend drives the stock down. Investors buy the stocks because they anticipate that the trend will reverse. The stock price increases. The psychological or fundamental factors drive the stock prices. As a result, the head of the pattern is formed.
The stock corrects and reaches the same bottom level as the left shoulder. Since it’s at the support level, it rises back to the neckline or the resistance level. This forms the right shoulder. The right shoulder is approximately, but rarely exactly, the same height as the left shoulder.
In this pattern, a breakout above the neckline would hopefully result in an uptrend. The pattern is only valid with a break above the neckline. After a break of the neckline, this level becomes support.
NOC WEEKLY CHARTLooking at the price action in NOC, we can see how the price is starting to approach with range candles (which indicates strong buying volume) a downtrend line where after several rising lows and falling highs we expect it to break. We will watch the price on the daily chart for it to break through the declining highs and look for support.
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Viendo la acción del precio en NOC, vemos como el precio empieza a acercarse con velas de rango (Lo cual nos indica fuerte volumen comprador) a una directriz bajista en la que después de varios mínimos crecientes y máximos decrecientes esperaremos que rompa. Observaremos el precio en el gráfico diario a que rompa la directriz de máximos decrecientes y busque apoyo en esta misma.
$NOC $NOC$NOC has not stayed stagnant like this ever. With biden going to war and them being awarded contracts from NASA I expect this stock back at $350. This is one of the few good names trading under pre-covid evals. Will be buying calls if it dips to $295. Will sell half at $305. If it breaks $305 and rips I will hold until close to closing. Looking to go one month out from inception of my calls. Will be looking at calls $350 a little over one month out. Not investment advice. Just my two cents. GL
Is something about to happen in the Defense Industry?The algorithms, specifically, the Precise Signal is at it again. The signal is a SELL for Northrup Grumman. Historically, the Precise Signal indicating a SELL sees the stock move down an average of 10%. In fact the minimal drop for this signal with NOC is 7%. Considering Friday saw the stock drop 3% off its high, another 7% (or more) would be huge.
My MTFs also signaled SELLs, but since the Precise is built off of them this a not a surprise. For you technical junkies, the full analysis with each target is at my site for free as always
$NOC Bullish Position This is my analysis for Northgrop Grumman Corporation, also known as $NOC and is a stock in which I am extremely bullish and wanted to over the reasons why. First, as we focus on the 1HR time frame for this stock, we have an inverse head and shoulders pattern that has nicely formed - and is currently forming a wedge out of the pattern (an extremely bullish indication of price movement upwards within the next couple days). Furthermore, to support this, we can see how RSI is forming a healthy bullish trend gaining strength as we can see multiple “W” patterns of confirmation in RSI (circled on chart) all of which further support my bullish stance. I love this position and it is one I wanted to share with you guys, please let me know any thoughts!
