Norton LifeLock (NLOK) has a choppy chart right now. This week, the chart started to gently move above its range from over the last 18-months. A few nice technical signals are firing off, with price moving higher.
- The SCTR has moved up into the top quadrant.
- The relative strength (in purple) is close to breaking out to new highs.
- The full stochastic is above 80. (It also keeps bouncing at 50, which is a bullish trait.)
- The PPO has just started trending higher.
Lots of bullish charts out there!
Greg Schnell, CMT, MFTA
Senior Technical Analyst, StockCharts.com
Author, Stock Charts For Dummies
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