← 2026-W16 report

NGL — 2026-W16

Frame: 52w/5w Generated: 2026-04-18 23:55 View on TradingView ↗
NGL price trend chart 2026-W16
R² (linearity)
0.9571
Frame gain (52w)
+360.0%
Annualised gain
360.0%
Last price
$13.11
Exit A (date)
2026-05-23
Exit B target
+15.9% / $15.19
Stop C level
-15.9% / $11.03
Hold period
5 weeks

Analysis

NGL showed a exceptionally consistent uptrend over the past 52 weeks (analysis frame: 52w/5w), scoring an R² of 0.9571. R² measures how closely the price followed a straight logarithmic trend line — a score of 1.0 represents a perfectly linear rally with no deviation. The stock gained 360.0% over the lookback period, equivalent to an annualised return of 360.0%. As of week 2026-W16, NGL last traded at $13.11. Momentum modelling projects a exceptional continuation: the statistical exit target (Exit B, k=0.75σ) is +15.9% ($15.19) by May 23, 2026, with a stop-loss level at -15.9% ($11.03). This analysis was generated by StraightR, a momentum screening tool that ranks US equities by the linearity of their logarithmic price trend across multiple lookback frames (26w, 40w, 52w, 78w).