NANOVIBRONIX INC (NAOV) Stock Technical Analysis
NASDAQ:NAOV - Nasdaq - US63008J7028 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NAOV. NAOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NAOV is a bad performer in the overall market: 100% of all stocks are doing better.
NAOV is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, of which 91% are performing better than NAOV.
NAOV is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NAOV is lagging the market.
In the last month NAOV has a been trading in the 1.06 - 5.12 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NAOV has an average volume of 3753170 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NAOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.11
1.13
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NAOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAOV is down. |
| ChartMill Relative Strength | 0.87 | NEGATIVE | NAOV has a low relative strength, it was outperformed by 99.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NAOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.05 | OVERSOLD | The low RSI value suggests NAOV may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.28 | NEGATIVE | The MACD value suggests NAOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 1.16 | OVERSOLD | The low Stochastics value suggests NAOV may be oversold. |
| Average True Range in percent/ATR (20) | 51.05 | HIGH VOLATILITY | The high ATR as a percentage value for NAOV suggests high volalility. |
| Average Directional Index/ADX (14) | 27.17 | POSITIVE | The high ADX value value for NAOV suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
1.12
+0.03 (+2.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.75%
1 Week-8.94%
2 Weeks-72.82%
1 Month-78.25%
3 Month-73.47%
6 Month-85.58%
12 Month-86.88%
2 Year-97.45%
3 Year-99.28%
5 Year-99.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%51.05%
ATR Inc-81.4%
Range Today0.06
ADR(20)0.43
ADR(20)%38.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0.87
Mansfield-8.21
10 Day High4.45
10 Day Low1.06
20 Day High5.12
20 Day Low1.06
52 Week High16.25
52 Week Low1.06
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-7.13%
DER(5)-6.43%
Volume539.40K
Volume Incr54.96%
Vol(5)2.47M
Vol(50)3.75M