NOVABAY PHARMACEUTICALS INC (NBY) Stock Technical Analysis
NYSEARCA:NBY - US66987P4090 - Common Stock
0.9101 USD
-0.16 (-14.94%)
0.911 USD
+0 (+0.1%)
Overall NBY gets a technical rating of 9 out of 10. NBY has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that NBY is one of the better performing stocks in the market, outperforming 94% of all stocks.
NBY is part of the Pharmaceuticals industry. There are 193 other stocks in this industry. NBY outperforms 86% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NBY has an average volume of 3894340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NBY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NBY is lagging the market.
In the last month NBY has a been trading in the 0.54 - 1.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NBY has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.56
0.92
We found 2 important support areas.
- A support zone ranging from 0.59 to 0.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.57 from a horizontal line in the daily 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 NBY is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBY is up. |
| ChartMill Relative Strength | 94.51 | POSITIVE | NBY has a high relative strength, it outperformed 94.51% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBY is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.37 | NEUTRAL | The RSI value for NBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.35 | NEUTRAL | The Stochastics value for NBY is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for NBY suggests high volalility. |
| Average Directional Index/ADX (14) | 28.22 | POSITIVE | The high ADX value value for NBY 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)
0.9101
-0.16 (-14.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-14.94%
1 Week47.38%
2 Weeks53.6%
1 Month35.35%
3 Month59.75%
6 Month44.46%
12 Month72.14%
2 Year-95.48%
3 Year-99.68%
5 Year-99.92%
10 Year-99.99%
15 Year-100%
Volatility
ATR(14)0.11
ATR(20)%9.45%
ATR Inc123.82%
Range Today0.19
ADR(20)0.07
ADR(20)%7.56%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.51
Mansfield3.34
10 Day High1.25
10 Day Low0.54
20 Day High1.25
20 Day Low0.54
52 Week High1.25
52 Week Low0.44
CS1 End0.59
CR1 StartN/A
Volume & EV
DER(3)-3.92%
DER(5)-1.64%
Volume1.70M
Volume Incr86793.64%
Vol(5)38.60M
Vol(50)3.89M