As this happened, Goldman upgraded its Nomad Foods Limited [NOMD] rating to a Buy from a a Neutral in a research note published recently. A number of analysts have revised their coverage, including Credit Suisse’s analysts, who decreased its forecast for the stock in early January from “an Outperform” to “a Neutral”. UBS began covering NOMD with “Buy” recommendation on March 30, 2022. Mizuho started covering the stock on January 27, 2022. It rated NOMD as “a Buy”.
Price Performance Review of NOMD
On Monday, Nomad Foods Limited [NYSE:NOMD] saw its stock fall -1.53% to $18.66. Over the last five days, the stock has lost -6.70%. Nomad Foods Limited shares have risen nearly 11.20% since the year began. Nevertheless, the stocks have risen 4.54% over the past one year. While a 52-week high of $20.81 was reached on 03/05/25, a 52-week low of $15.43 was recorded on 01/10/25. SMA at 50 days reached $19.58, while 200 days put it at $18.31.
Levels Of Support And Resistance For NOMD Stock
The 24-hour chart illustrates a support level at 18.51, which if violated will result in even more drops to 18.35. On the upside, there is a resistance level at 18.84. A further resistance level may holdings at 19.01. The Relative Strength Index (RSI) on the 14-day chart is 39.20, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.49, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.55%. Stochastics %K at 29.50% indicates the stock is a holding.
