NYSEARCA:NBY • US66987P4090
We assign a technical rating of 0 out of 10 to NBY. NBY scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NBY 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.
1.43
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 | 2.99 | NEGATIVE | NBY has a low relative strength, it was outperformed by 97.01% 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) | 34.15 | NEUTRAL | The RSI value for NBY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.82 | POSITIVE | The MACD value suggests NBY has a positive trend. |
| Stochastics (14,3) | 2.04 | OVERSOLD | The low Stochastics value suggests NBY may be oversold. |
| Average True Range in percent/ATR (20) | 64.13 | HIGH VOLATILITY | The high ATR as a percentage value for NBY suggests high volalility. |
| Average Directional Index/ADX (14) | 12.88 | NEGATIVE | The low ADX value for NBY suggests a weak or negative trend. |
1.44
-0.09 (-5.88%)
ChartMill assigns a technical rating of 0 / 10 to NBY.
The current trend direction for NOVABAY PHARMACEUTICALS INC (NBY) is Bearish.
NOVABAY PHARMACEUTICALS INC (NBY) has an RSI value of 34.1517. This indicates that the stock is currently neutral.
The MACD indicator for NOVABAY PHARMACEUTICALS INC (NBY) has a value of 0.820519, indicating a bearish trend.