Taking everything into account, NAVI scores 6 out of 10 in our technical rating. NAVI has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Although the technical rating is only medium, NAVI does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 13.01. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 12.99, a Stop Loss order could be placed below this zone.
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When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.71 to 12.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.93 from a trend line in the weekly time frame.
- Support @11.71 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.33 to 11.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 13.01 to 13.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @14.26 from a trend line in the weekly time frame.
- Resistance @15.58 from a horizontal line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NAVI is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NAVI is neutral. |
| ChartMill Relative Strength | 49.5 | NEUTRAL | NAVI is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NAVI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NAVI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NAVI is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.13 | NEUTRAL | The RSI value for NAVI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NAVI has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50.34 | NEUTRAL | The Stochastics value for NAVI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NAVI suggests some volalility. |
| Average Directional Index/ADX (14) | 8.39 | NEGATIVE | The low ADX value for NAVI suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.35 | 12.70 | 0.65 (4.87%) | 20.54% |
| An entry @13.35. This is a Buy Stop order right above the resistance zone. | An exit @12.70. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.65 points, which is 4.87%. | For a 1.00% total portfolio risk, you can invest 20.54% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
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-0.12 (-0.91%)
NAVIENT CORP / NAVI FAQ
What is the ChartMill technical rating of NAVIENT CORP (NAVI) stock?
ChartMill assigns a technical rating of 6 / 10 to NAVI.
What is the current trend direction of NAVIENT CORP (NAVI) stock?
The current trend direction for NAVIENT CORP (NAVI) is Bearish.
What is the RSI signal for NAVI stock?
NAVIENT CORP (NAVI) has an RSI value of 55.1327. This indicates that the stock is currently neutral.
What is the MACD signal for NAVI stock?
The MACD indicator for NAVIENT CORP (NAVI) has a value of -0.0229916, indicating a bearish trend.
What are the support and resistance levels for NAVIENT CORP (NAVI) stock?
NAVIENT CORP (NAVI) has a support level at 12.99 and a resistance level at 13.01. Check the full technical report for our detailed analysis of NAVI support and resistance levels.