NOVABAY PHARMACEUTICALS INC (NBY) Technical Analysis
NYSEARCA:NBY • US66987P4090
Current stock price
NBY Technical Rating and Analysis
Overall NBY gets a technical rating of 0 out of 10. NBY'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, NBY is a bad performer in the overall market: 99% of all stocks are doing better.
- NBY is one of the lesser performing stocks in the Pharmaceuticals industry. 84% of 193 stocks in the same industry do better.
- NBY is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NBY is lagging the market.
- In the last month NBY has a been trading in the 1.11 - 3.75 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.
- NBY has an average volume of 1713160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
NBY Weekly and Daily overview Charts
NBY Setup Rating and Analysis
NBY has a poor technical rating and the quality of the setup is also not perfect 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
NBY Support and Resistance Analysis
NBY Technical Indicator Signal Analysis
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 NBY is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NBY is down. |
| ChartMill Relative Strength | 1.45 | NEGATIVE | NBY has a low relative strength, it was outperformed by 98.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NBY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NBY is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NBY is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.82 | NEUTRAL | The RSI value for NBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.94 | POSITIVE | The MACD value suggests NBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 8.43 | OVERSOLD | The low Stochastics value suggests NBY may be oversold. |
| Average True Range in percent/ATR (20) | 33.78 | HIGH VOLATILITY | The high ATR as a percentage value for NBY suggests high volalility. |
| Average Directional Index/ADX (14) | 8.19 | NEGATIVE | The low ADX value for NBY suggests a weak or negative trend. |
NBY Chart- and CandleStick Pattern Analysis
NBY Technicals: Chart, Performance Metrics, Trend & Indicators
1.21
-0.06 (-4.72%)
NOVABAY PHARMACEUTICALS INC / NBY TA FAQ
Can you provide the ChartMill technical rating for NOVABAY PHARMACEUTICALS INC?
ChartMill assigns a technical rating of 0 / 10 to NBY.
Can you provide the trend direction for NOVABAY PHARMACEUTICALS INC?
The current trend direction for NOVABAY PHARMACEUTICALS INC (NBY) is Bearish.
Can you provide the RSI signal for NOVABAY PHARMACEUTICALS INC?
NOVABAY PHARMACEUTICALS INC (NBY) has an RSI value of 33.8214. This indicates that the stock is currently neutral.
What is the MACD signal for NOVABAY PHARMACEUTICALS INC (NBY) stock?
The MACD indicator for NOVABAY PHARMACEUTICALS INC (NBY) has a value of 0.940831, indicating a bearish trend.