We assign a technical rating of 3 out of 10 to NAVN. NAVN performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
The technical rating of NAVN 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.
13.85
We found 1 important resistance area.
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 | UP | POSITIVE | The long term trend for NAVN is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NAVN is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NAVN has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAVN is below a declining SMA(20). |
| Relative Strength Index/RSI (14) | 32.44 | NEUTRAL | The RSI value for NAVN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.72 | NEGATIVE | The MACD value suggests NAVN has a negative trend. |
| Stochastics (14,3) | 28.16 | NEUTRAL | The Stochastics value for NAVN is a neutral value. |
| Average True Range in percent/ATR (20) | 9.31 | HIGH VOLATILITY | The high ATR as a percentage value for NAVN suggests high volalility. |
| Average Directional Index/ADX (14) | 38.43 | POSITIVE | The high ADX value value for NAVN suggests a strong trend. |
13.99
-0.67 (-4.57%)
ChartMill assigns a technical rating of 3 / 10 to NAVN.
The current trend direction for NAVAN INC-CL A (NAVN) is Bullish.
NAVAN INC-CL A (NAVN) has an RSI value of 32.4445. This indicates that the stock is currently neutral.
The short term momentum for NAVAN INC-CL A (NAVN) is positive.
NAVAN INC-CL A (NAVN) has a resistance level at 15.78. Check the full technical report for our detailed analysis of NAVN support and resistance levels.