← 2026-W16 report

NGS — 2026-W16

Frame: 26w/3w Generated: 2026-04-18 23:55 View on TradingView ↗
NGS price trend chart 2026-W16
R² (linearity)
0.9146
Frame gain (26w)
+42.4%
Annualised gain
102.9%
Last price
$38.52
Exit A (date)
2026-05-09
Exit B target
+4.1% / $40.11
Stop C level
-4.1% / $36.93
Hold period
3 weeks

Analysis

NGS showed a highly consistent uptrend over the past 26 weeks (analysis frame: 26w/3w), scoring an R² of 0.9146. 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 42.4% over the lookback period, equivalent to an annualised return of 102.9%. As of week 2026-W16, NGS last traded at $38.52. Momentum modelling projects a solid continuation: the statistical exit target (Exit B, k=0.75σ) is +4.1% ($40.11) by May 09, 2026, with a stop-loss level at -4.1% ($36.93). 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).