Taking everything into account, NBY scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NBY has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NBY has an excellent technical rating, it does not offer a high 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.
4.70
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 NBY is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBY is up. |
| ChartMill Relative Strength | 99.76 | POSITIVE | NBY has a high relative strength, it outperformed 99.76% 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) | 72.07 | OVERBOUGHT | The high RSI value suggests NBY may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests NBY has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 71.46 | NEUTRAL | The Stochastics value for NBY is a neutral value. |
| Average True Range in percent/ATR (20) | 14.05 | HIGH VOLATILITY | The high ATR as a percentage value for NBY suggests high volalility. |
| Average Directional Index/ADX (14) | 53.71 | POSITIVE | The high ADX value value for NBY suggests a strong trend. |
4.75
+0.18 (+3.94%)
ChartMill assigns a technical rating of 10 / 10 to NBY.
The current trend direction for NOVABAY PHARMACEUTICALS INC (NBY) is Bullish.
NOVABAY PHARMACEUTICALS INC (NBY) has an RSI value of 72.0671. This indicates that the stock is currently overbought.
The MACD indicator for NOVABAY PHARMACEUTICALS INC (NBY) has a value of 0.288327, indicating a bearish trend.
The short term momentum for NOVABAY PHARMACEUTICALS INC (NBY) is positive.