Should I Buy North American Construction Group Ltd Stock?
Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. NOA has several negative signals and is within a falling trend, so we believe it will perform weakly in the next couple of days or weeks. We therefore hold a negative evaluation of this stock. Our analysis conclusion for this stock is a Strong Sell candidate.
NOA stock price ended at $17.21 on Monday, after losing -0.35%
The North American Construction Group Ltd stock price decreased by -0.35% on the last trading day (19 May 2025), dropping from 17.315 to 17.21. Throughout the last trading session, the stock experienced a fluctuation of 1.05% , ranging from a day low of $17.17 to a day high of 17.35. The price has declined in 2 of the last 10 days, resulting in a total change of 12.41% during this period. On the last day, trading volume decrease by -38.67K shares, with the falling prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 40.40K shares were traded, amounting to approximately 696.30K.
NOA Technical Signals
NOA(North American Construction Group Ltd Corp) has 3 buy signals and 4 sell signals now. The current trend is consolidation starting from 2025-05-06. The total price change during this trend is +10.49%. Recently, the price has decreased but the volume has also decreased, indicating a potential rebound signal. The average turnover of NOA over the last 5 trading days is 2.04M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.
NOA Moving Average Analysis
North American Construction Group Ltd's overall moving average trend leans more bullish as of Tuesday, May 20, 2025, with 2 negative signals and 2 positive signal. In the mid-term, the SMA_20 being below the SMA_60 signals a strong bearish trend. There will be some resistance from the lines at $17.870173333333337, and $18.779333333333337. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $14.928493333333334, and $14.019333333333332. A break-down below any of these levels will issue sell signals.
NOA Short Selling Analysis
The short sale ratio of North American Construction Group Ltd(NOA) as of 12 May 2025 is 17.41%, rising from last trading day. With increasing price from 15.78 to 16.21. The short sell activity indicate that short sellers may be anticipating a price reversion.
Technical Signal
Technical Signals Summary
Sell
4
Buy
3
Moving Average
Swing
PositiveStock Price Above SMA_5
Short Term
PositiveSMA_5 Above SMA_20
Mid Term
NegativeSMA_20 Below SMA_60
Long Term
NegativeSMA_60 Below SMA_200
Short Selling
Close Price
Short Sale Ratio
Short Sale Volume
3 Bullish Signals
When Value satisfies Signal, Indicator signals Bullish
Indicators
Signal
Value
Meaning
Awesome Oscillator (5, 34)
AO_5_34 > 0
1.274
Bullish
Momentum (10 days)
MOM_10 > 0
1.52
Bullish
Moving Average Convergence Divergence (12, 26, 9)
MACD_12_26_9 > 0
0.359
Bullish
4 Bearish Signals
When Value satisfies Signal, Indicator signals Bearish
Indicators
Signal
Value
Meaning
Stochastic Oscillator %K (14, 3, 3)
STOCHk_14_3_3 > 80
87.718
Bearish
Commodity Channel Index (20 days, 0.015 constant)
CCI_20_0.015 > 100
203.687
Bearish
Stochastic RSI %K (14, 14, 3, 3)
STOCHRSIk_14_14_3_3 > 80
100
Bearish
Williams %R (14 days)
WILLR_14 > -20
-13.699
Bearish
NOA Price Prediction & Forecast by Similar Chart Analysis
Based on historical patterns and backtesting of stocks with similar movements to North American Construction Group Ltd(NOA), our algorithm predicts NOA's 1-month price at $18.96, with an 9.77%upwardshift. Using a similarity score up to 97.16%and other factors, This forecast updates weekly, adjusting for significant deviations.
Similar Chart
The price prediction chart for North American Construction Group Ltd (NOA.N) stock, as of Sunday, May 18, 2025 , forecasts a 9.77% change over the next month, based on its high correlation with CCI.N stock patterns. The similarity between their price movements over the analyzed periods is 97.16%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.
NOA
No Data
CCI
Up: 9.77%Similarity: 97.16%
Name
Similarity
Up/Down
CCI.N
97.16%
+9.77%
FLG.N
97.05%
+5.98%
APH.N
96.96%
-2.58%
JOE.N
96.91%
+4.07%
TXT.N
96.86%
+4.56%
TSLX.N
96.85%
-0.58%
IMVT.O
96.84%
-1.96%
LOGI.O
96.79%
+1.03%
DDOG.O
96.79%
+5.41%
NOA Seasonality Analysis
Based on NOA's historical stock price data across all years, the probability of a positive return in May is54.55%, suggesting it maybe an ideal month to invest in NOA. In contrast,Octoberoffers the highest probability of positive returns at80.00%, making it a potentially strong month for investment.
However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.
Monthly Seasonality
The radar chart shows that buying North American Construction Group Ltd (NOA.N) stock in October has the highest probability of a positive return (80.00%), while March has the lowest probability (18.18%).
Performance Seasonality
The chart shows North American Construction Group Ltd. (NOA)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.
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