NOC stock: buy or sell

NOC stock price: $300.75 -0.75% At close on Jan 15th, 2021

Updated on:
Jan 16th, 2021

1

NOC stock brief

  • Northrop Grumman stock scarcely moved -0.75% to close at $300.75 on the stock market on Friday, breaking a streak of 4 sessions in green.
  • Price is drawing a scaled uptrend since last October with higher tops and higher bottoms. This rally marked a 5.97% gain
  • Northrop Grumman Corporation operates as a security company.

Should I buy Northrop Grumman stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best

Is $NOC stock a buy?

Currently, Northrop Grumman stock matches one trading strategy:

Uptrend buy setup

Northrop Grumman stock continues to trend higher since last October and marked an amazing 5.97% gain. Price marked a local bottom in this uptrend at $286.60 on January 8, and since then it bounced off a 4.94%. Breaking out above $322.75 - it's last top - will be a good entry point if Northrop Grumman resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $290.48

Buy setupBuy pointStop lossRisk
Uptrend buy setup$322.75$290.4810.00%

Should I sell Northrop Grumman stock?

"To sell or not to sell", if you are holding Northrop Grumman stock?. Trading strategies allow us to avoid impulsive decisions based on our sentiments or the buzz surrounding the market. When selling, as well as buying, detailed strategies are very simple to follow and are only applicable for selling stocks you already own, not for shorting $NOC stock

A golden rule is that you should not hold a trading operation that shows a higher than expected losses upon the buy. The timing to sell shares must always be ruled by the stop-loss (automatic or manual)

Is it time to sell Northrop Grumman stock?

Currently, Northrop Grumman stock doesn't match any of our preferred sell setups, so if you own Northrop Grumman stock and your operation is in profit probably is not time to sell now

Northrop Grumman ratings

In the last 30 days, 2 analyst ratings were published for Northrop Grumman

Northrop Grumman analysts' ratings - Last month
Brokerage firmRating
Jan 7th, 2021
Morgan Stanley Buy
Robert W. Baird BuyNeutral

Northrop Grumman stock analysis

Since last October, Northrop Grumman has been printing an uptrend that by now marked an amazing 5.97%. The price line shows rising peaks and troughs, and along the way provided very few buying opportunities for those who wanted to trade in. Latest low was on January 8, when price bounced at $286.60. Like in all uptrends, price needs to take breath and now price is consolidating the gains in a range between $322.75 and $286.60

SMAs overview

NOC stock SMAs chart

Supports and resistances

The current resistances are:

  • R1: $303.34 (0.86% above)
  • R2: $305.69 (1.64% above)
  • R3: $310.00 (3.08% above)
  • The current supports are:

  • S1: $296.55 (-1.40% below)
  • S2: $291.27 (-3.15% below)
  • S3: $291.15 (-3.19% below)
  • Bollinger bands

    Since the price broke down the lower band on January 8, the price has bounced off by 4.94%. The price is trading near to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell point, as price can move in these levels for many days and weeks

    NOC stock Bollinger Bands chart

    Relative strength index

    The has been between the the levels of 30 and 70 for many weeks, and therefore, without this indicator really being of any help to us in making any decisions.

    NOC stock RSI chart

    Northrop Grumman stock price history

    Northrop Grumman went public priced at an adjusted price1 of $1.19 on Dec 1981. Since then, NOC stock has risen by 25,173.11%, with an average of 645.46% per year. If you had invested thousand dollars in Northrop Grumman stock on the IPO, it would worth $252,731.09 today.

    1: Adjusted price after possible price splits or reverse-splits

    NOC stock price history chart

    Price target for Northrop Grumman stock

    Nobody knows how much a share will be priced in the future. However, many stock price predictions are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts posted by financial institutions over the last 30 days. If you are a small investor you must not invest based on these price targets.

    Averaging all price targets exposed below, the predicted price for Northrop Grumman stock is $392.00. Northrop Grumman closed at $300.75 on Friday, so the target price is expecting a growth by 30.34%.

    Northrop Grumman stock price predictions
    Brokerage firmPrice target
    Jan 7th, 2021
    Morgan Stanley $470.00$453.00
    Robert W. Baird $386.00$331.00

    Earnings and financials

    Last October, Northrop Grumman ($NOC) had the quarterly shareholders event and released the report. NOC posted earnings of $5.89 per share on revenue of $9.1 billion. The analysts estimate was $5.64 per share on revenue of $8.9 billion.

    This compares to Earnings of $5.49 per share same quarter last year, so reported EPS means an improvement of 7.29%. Sales moved up a 7.17% on an annualized basis in the , from $84.8B to $90.8B last quarter.

    NOC ($NOC) presents Q4 earnings report on January 28. Wall Street forecasts of $5.77, compared to previous quarter that made $5.89.

    Northrop Grumman performance

    NOC performance compared
    Company1m3m6m
    Northrop Grumman ($NOC) 0.10% -4.40% -1.10%

    Disclaimer:
    The opinions given in this post are personal and not recommendations for you to buy or sell stocks. The author of this document does not have any knowledge of the individual circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are posted for learning reasons only

    NOC summary

    Friday, January 15th, 2021
    Open$302.7
    Close$300.75
    Day range$298.95 - $303.52
    Previous close$303.02
    Session gain-0.75%
    Average true range$8.09
    50d mov avg$302.54
    100d mov avg$312.06
    200d mov avg$316.70
    Earnings dateJanuary 28th, 2021

    Frequently asked questions

    What is Northrop Grumman stock symbol?

    Northrop Grumman Corporation is a public company trading in the US stock market with the NOC symbol

    Is Northrop Grumman stock a buy or sell?

    Northrop Grumman received 2 ratings in the last 30 days: 1 bullish, 0 bearish and 1 neutral.

    Will NOC go up?

    Northrop Grumman had different price forecasts published by market analysts in the last 30 days forecasting the target price to $392.00. That is a 30.34% than the current price ($300.75).