Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Simple research view
NDSN · Nordson Corporation
$321.98 +0.98% Oct 26 close
1 independent risk warning also present. Review before relying on the bullish setup.
Switch to Advanced for indicator panels, raw grades, provenance, drawing tools, and full technical tables.
$NDSN
Nordson CorporationNordson Corporation is a large-cap Industrial Machinery company in the Producer Manufacturing sector with a market cap of $18B.
⚠ Risk Signals
Double Top
Double Top (forming): peaks $339.12 and $338.18 (2026-10-06) with the neckline at $306.02. neckline $306.02 intact (5.2% above it). Measured move targets $273.39; invalidation above $345.90. Research/educational only, not a buy/sell recommendation.
Bearish structure on the daily chart — a heads-up for anyone holding, not a short signal. Does not affect the bullish setup score.
Market Structure
Trend structure: downtrend
Latest event: structure_shift
(bearish)
Support
239.25–240.67
· 4 touches · moderate
Support
264.74–265.56
· 3 touches · moderate
Support
270.26–271.38
· 3 touches · moderate
Support
278.36–278.78
· 3 touches · moderate
Support
287.03–287.20
· 3 touches · moderate
Momentum Turn Watch
Bollinger Squeeze + Lower-Band Support
Bollinger band width (5.6%) is in the bottom quartile of its last 120 sessions — Legend's width-percentile squeeze (not a TTM/Keltner squeeze), so volatility is compressed and a sharper move often follows. Price ($321.98) is holding just above the lower Bollinger band ($318.57; %B 19) — support at the bottom of the bands.
Early technical context only. Wait for price, volume, and the canonical setup trigger to confirm; this signal does not change readiness or the setup score.
Verdict · setup score 55/100 · data Oct 26 close · latest session
Stand aside — setup invalidated
Setup score 55, but distribution days reach 5 or more — stand aside until the condition resets.
Recent price action · daily
What would change this verdict
What needs to turn for this to become buyable — the top failing checks across the legend council:
- Minervini 1.5 Price > 50-day MA — Price $321.98 vs MA50 $322.59
- Minervini 2. Quarterly EPS growth ≥ 25% — +20.7% QoQ
- O'Neil C: Quarterly EPS acceleration ≥ 25% — +20.7% QoQ
- O'Neil L: RS rank ≥ 80 (IBD leadership) — RS rank 77
- Weinstein Volume expansion above average — Volume ratio 1.11x
- Dennis S1: 20-day Donchian breakout
Minority view — the council disagrees here
- Minervini: avoid Trend-template read: fails Price > 50-day MA.
- O'Neil: avoid CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
- Weinstein: watch Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
65
Neutral
Legend Score · rates the stock
Neutral (65/100) — held back by eps growth
Our proprietary 0-100 rating — the answer to Wall Street's black-box scores. Five pillars, each computed from real scan data, each explained below in plain English.
- Relative Strength (25%) 78
- Trend Template (25%) 88
- Institutional Footprint (20%) 63
- EPS Growth (15%) 30
- Quality (SMR-like) (15%) 44
RS rank 77: above-average strength. Trend template 7/8: price above rising 50/150/200-day lines — textbook uptrend structure. Institutional score 63: mild accumulation. EPS up +0% — growing, but below the 25% leadership bar. Quality 44: weak fundamentals (sales growth 30, return on equity 41, leverage 100). Updated 2026-10-27.
Earnings
Normal technical setup
Next earnings
Tuesday, December 8, 2026
After market close
Exact clock time not supplied by source
Deterministic evidence
NDSN+0.98%
Sector proxy · XLI+1.42%
Broad market · SPY+0.71%
Session internals Mixed
Rule: direction and internals disagree — it met neither the strong nor the weak rule. Judged on internals, not on the size of the move.
Vs prior close+0.98%
From the open+0.63%
Range position35%
GapNo gap
QQQ confirmationConfirming (+1.11%)
SMH confirmationConfirming (+2.74%)
Ask a Legend to interpret this evidence → Commentary only — never scanner evidence or a sizing recommendation.
More stats
52W Low
$223.29
Tight Wks
1
Base
B2
SMA 200
$293.83
RS Line vs High
-4.1%
RS Line Slope
-2.4% ▼
Group Rank
#30/66
ADR%
2.0%
ATR(14)
$7.64 (2.4%)
Vol Pace (live)
N/A
A/D Days
8A / 11D
A/D Rating
E
VDU Bars
0/10 d
Earnings
in 42d
NDSN Chart
Interactive price, volume, RS, RSI, and MACD charts are available after sign in.
Technical Analysis Report Card
$NDSN · $321.98 · as of 2026-10-26 · multi-factor read
68
/ 100
Reference read from price & volume only — the verdict at the top of the page decides the action.
Trend · Daily / Weekly / Monthly
Daily
▬ Sideways / consolidating
Weekly
▲ Uptrend
Monthly
▬ Sideways / consolidating
Moving Averages
50-day$322.59 ↓
100-day$308.88 ↑
200-day$293.83 ↑
Bullish (50 > 200)
RSI (14)
Reading47.3 · Neutral
Neutral — momentum is balanced between buyers and sellers.
MACD (12/26/9)
StateWeakening
Histogram-1.477
Weakening — MACD slipped below its signal line. Histogram expanding.
Bollinger Bands (20,2)
%B / Width19% · 5.6%
Squeeze — volatility compressing
Near the lower band — under pressure or oversold. Bands are squeezing — volatility is compressing, often a precursor to a sharp move.
Volume · Buyer vs Seller
Up/Down vol1.05 · Neutral
Rel volume1.11×
Pocket pivots · 10d0
5d vs 50d vol91%
Heavy vol up / down0 / 1
Balanced — up/down volume is roughly even; no clear hand. Recent volume is easing versus its baseline.
- 1 heavy-volume down day vs 0 up in the last 20 sessions — supply is showing.
Support & Resistance
R · $338.6552-week high
Price · $321.98now
S · $311.56swing level
S · $304.47swing level
S · $292.97swing level
Fibonacci · Uptrend swing
23.6% ◄ price here$322.87
38.2%$312.82
50.0%$304.69
61.8%$296.56
78.6%$285.00
Retracement support zones measured from the recent swing low up to the high.
The verdict is free. The trade plan is Pro.
Unlock the exact entry, stop-loss, profit target, and reward-to-risk for NDSN — plus the full 500+ symbol scanner and Ask-the-Legends chat.
Start your 7-day free trial →
Weekly uptrendAbove 200-day MA50/200 bullish
Want this read in a legend's voice?
Ask a Legend about NDSN
Generic technical analysis generated mechanically from price & volume — educational research only, not financial advice or a personalized recommendation. Levels are illustrative; confirm on your own chart. New to these terms? →
Legend Verdicts
6 methodology checks
Who would consider this setup, why it qualifies, and what blocks it — calculated from the same deterministic methodology rules used across Legend AI.
How to read the numbers: the setup score (55/100, in the verdict band) rates this trade setup. Each legend's A–D grade rates the same setup against that legend's own checklist — so a high score next to a C grade is not a contradiction. The setup can be strong without fitting that legend's style. When the council disagrees, the verdict band breaks the tie.
Council consensus:
6 of 9 legends are Watching — building, not yet a confirmed buy.
Minervini
Avoid
C
Trend-template read: fails Price > 50-day MA.
Passing evidence
1.1 Price > 150-day MA AND 200-day MAPrice $321.98, MA150 $298.71, MA200 $293.83
1.2 150-day MA > 200-day MAMA150 $298.71 vs MA200 $293.83
Failing evidence
1.5 Price > 50-day MAPrice $321.98 vs MA50 $322.59
2. Quarterly EPS growth ≥ 25%+20.7% QoQ
O'Neil
Avoid
D
CANSLIM read: fails C: Quarterly EPS acceleration ≥ 25%.
Passing evidence
A: Annual earnings & revenue qualityRev +3.8% | ROE 17.1%
N: Near 52-week high or RS line new high5.1% below high | RS line new high: False
Failing evidence
C: Quarterly EPS acceleration ≥ 25%+20.7% QoQ
L: RS rank ≥ 80 (IBD leadership)RS rank 77
Weinstein
Watch
B
Stage-analysis read: Stage 2 is present; 1 supporting checks need improvement.
mediumClassic Stage 2 advancing phase — strong weekly trend confirms uptrend. This is Weinstein's sweet spot: buy and hold while price remains above the 30-week MA.
Passing evidence
Stage 2 (Advancing phase) confirmedStage 2 (Advancing)
Price above 30-week MA (200-day proxy)Price $321.98 vs MA200 $293.83
Failing evidence
Volume expansion above averageVolume ratio 1.11x
dennis
Watch
C
Turtle read: no Donchian signal. The system stays flat until price takes out the 20-day high.
Passing evidence
No breakdown below the 20-day channel20-day low $311.55
Volatility-unit sizing (1N ≈ 1% of equity)1N = $7.09 (2.20% of price); the Turtles size 1 unit so a 1N move ≈ 1% of equity, making the 2N stop ≈ 2% equity risk
Failing evidence
S1: 20-day Donchian breakoutNot confirmed
S2: 55-day Donchian breakoutNot confirmed
zanger
Avoid
C
Zanger read: a hard gate is broken — either the pattern is not one of his six, or the entry is more than 5% past the breakout. He would not touch this.
Passing evidence
Not extended (≤5% above the breakout point)Measured as passing
Partial-profit plan: sell 20-30% at +15-20%Scale 20-30% at $370.28-$386.38; trail the rest
Failing evidence
Named Zanger pattern onlyWyckoff SOS is not one of Zanger's six
Breakout volume 1.5-2.0x averageNot confirmed
zweig
Watch
D
Zweig read: part of his screen passes but not all: Reasonable price for the growth (P/E ≤ 35); Insider buying — wait for the full growth screen before treating this as a Zweig setup.
Passing evidence
EPS growth above the market (≥15% QoQ)+20.7% QoQ — Zweig wants growth above the S&P average
Price strength (RS ≥ 70)RS score 77 — Zweig buys strength, not bargains
Failing evidence
Reasonable price for the growth (P/E ≤ 35)Trailing P/E 37.8x — no PEG or forward P/E stored
Insider buyingNo insider buying flagged
Livermore
Watch
B
Pivotal-point read: constructive evidence is present, but volume vs average is unresolved.
Passing evidence
Price$321.98
Relative strengthRS 77
Failing evidence
Volume vs average1.11x
Pivotal point cleared on expanding volumeNot confirmed
Darvas
Watch
B
Box-theory read: constructive evidence is present, but volume vs average is unresolved.
mediumBuilding the top of the box (5.0% from 52W high) — watch for a box breakout with volume expansion.
Passing evidence
Price$321.98
Relative strengthRS 77
Failing evidence
Volume vs average1.11x
Box top broken on heavy volumeNot confirmed
Wyckoff
Watch
B
Supply-and-demand read: constructive evidence is present, but volume vs average is unresolved.
mediumSign of Strength — breakout above trading range on expanding volume. Accumulation phase complete, markup beginning. RS 77.
Passing evidence
Price$321.98
Relative strengthRS 77
Failing evidence
Volume vs average1.11x
Sign of Strength confirmed on expanding volume1.11x average volume — needs ≥1.4x
Base & Breakout
Breakout follow-through
No active breakout tracked — Legend AI monitors daily for pivot-point breaks. What's a breakout?
RS Line vs SPY
52-week relative strength · blue = RS line · dashed = MA50 · dot = NH
▼ Falling
Accumulation / Distribution
last 65 sessions · green = acc on high vol · red = dist on high vol
Net +5
Fundamentals & leadership quality — Minervini’s published criteria · 4/7 met
B
4/7 criteria
Separate score from the Minervini Trend Template (7/8): the Trend Template grades the price structure, this grades the company & leadership (earnings, sales, margins, RS rank). A stock can ride a clean trend while its fundamentals lag, so the two often differ by design — they are not the same checklist.
EPS acceleration ≥25% QoQ
+21%
Revenue growth ≥20% YoY
+4%
Gross margin ≥30%
55%
ROE ≥17%
17%
RS rating ≥80 (leadership)
77
Stage 2 uptrend (Weinstein)
Stage 2
Within 25% of 52W high
-5.1%
Method Playbook
Trade it like Darvas
EXACT LEVELS · PRO
Darvas B · Watch — The deterministic methodology check is Watch; wait for the failing or incomplete criteria to improve before the trigger can qualify.
Pivot
Pro levelPublished-method rule: Use the top of the active Darvas box near the high as the mechanical breakout boundary.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Entry trigger
Pro levelPublished-method rule: Require price to clear the box top with volume confirmation; movement inside the box remains observation, not a trigger.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Initial stop
Pro levelPublished-method rule: Start below the active box support or the canonical structural stop that proves the breakout failed.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Trail
Rule-basedPublished-method rule: As higher boxes form, raise the stop beneath the newest confirmed box floor; the stop moves up only.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Evidence: Planned management rule; no stored stop or broker order is changed automatically.
Exit / invalidation
Pro levelPublished-method rule: Exit when price breaks the active box floor or decisively falls back through the breakout structure.
Evidence: Canonical setup geometry is available with Pro.
Evidence: Canonical setup geometry is available with Pro.
Deterministic educational plan, not a recommendation. No order or stop is changed automatically. Method and sources →
The published-method workflow is public. Unlock exact pivot, entry, stop, target, and sizing with Pro →
Pattern Analysis
Wyckoff SOS
Historical replay: +20% before −8% within 40 sessions: 15% (n=225) · source bars 2024-11-01–2026-10-26 · avg +0.3% per setup (+0.04R)
⚠ Volatility widening into breakout
⚠ Not actionable yet
55
setup score
RS Score
77
Trend template
7/8
CANSLIM
72.4* (B)
range low: 280.468
range high: 311.437
range pct: 0.11
sos thrust: 0.035
sos vol ratio: 1.622
sos bars ago: 6
near lps: ✓
validation reason: valid generic setup
multi tf evaluated: ✓
multi tf reason: weekly: MA stabilizing or rising — accumulation context supported
Why This Setup?
D+W Confluence
Wyckoff SOS · schematic
SOS: breakout above range_high=311.44, thrust=3.5%, vol=1.6x avg, lps=near, 6 bars ago | Strong trend (7/8) | Good RS (77) | High-confidence pattern (85%) | Stage 2 | Readiness 63/100 (early) | CANSLIM 72.4 (B) | ⚠ Volatility widening into breakout; Not actionable yet
The Universal Edge Check · context only
What the setup still has going for it, recorded for later. The verdict above stands — these principles do not overrule it.
5/7
universals met
- A relative-strength leader — not met RS rank 51 — laggard
- Volume confirms — partly met 1.1× average — light
- Asymmetric reward — met Met — levels are a Pro detail
- Clear of earnings — met in 42 days
- In a confirmed uptrend — met Stage 2 · Trend template 7/8
- Not chasing (in range) — met Met — levels are a Pro detail
- Risk is defined — met Met — levels are a Pro detail
Minervini Trend Template
7/8Grades the price structure — moving-average stacking, distance from the 52-week high/low, and relative strength above the ≥70 uptrend bar. This is the technical trend check; the company's fundamentals and ≥80 RS leadership are scored separately in the Grade Card.
Price above SMA 150 & 200
$321.98 vs SMA150 $298.71 / SMA200 $293.83
SMA 150 above SMA 200
SMA150 $298.71 vs SMA200 $293.83
SMA 200 trending up
Slope +8.55 over 20 days
SMA 50 above SMA 150 & 200
SMA50 $322.59
Price above SMA 50
$321.98 vs SMA50 $322.59
30%+ above 52-week low
+44.2% from $223.29
Within 25% of 52-week high
-5.1% from $339.12
RS score above 70
RS 77
Fundamentals
52W Range
85%
Mkt Cap SEC
17.9B
EPS QoQ
+21%
Rev YoY
+4%
ROE
17%
Gross Margin
55%
D/E
0.66
EPS TTM
$8.51
P/E TTM
37.8x
Float
56M
Insider
No Buy
Company
Company profile
Nordson Corporation
CANSLIM — current EPS, annual EPS, new highs, supply, leader RS, inst. sponsorship, market
B
72.4* CANSLIM
* disqualified on C, M
C · Curr. EPS
86
A · Annual EPS
69
N · New Highs
100
S · Supply/Demand
100
L · Leader RS
77
I · Inst. Spons.
50
M · Market
30
Weekly Context
Multi-timeframe signals from weekly barsW. Trend
7/8
W. RS
73
W. Support
$270.26
W. Resist
$339.12
W. Patterns
Cup & Handle
Weekly Structure
Trend
Neutral
Tight Weeks
1
Confirmation
Neutral
Scan History
3× streakOct 27
Wyckoff SOS
55
Oct 26
Wyckoff SOS
73
0.0%
Oct 22
Trend Only
✓ Gate
84
+1.0%
Oct 21
Trend Only
✓ Gate
82
-2.9%
Oct 20
Wyckoff SOS
✓ Gate
55
-1.5%
Latest News
Headlines for NDSNLoading headlines…
Get the full picture on NDSN
Pro members see entry/stop/target levels, R:R ratios, intraday alerts, and every setup detected across 500+ symbols daily.
Start 7-Day Free Trial