VIRTUS CONVERTIBLE & INCOME (NCV) Stock Technical Analysis
NYSE:NCV - New York Stock Exchange, Inc. - US92838X8056 - Currency: USD
We assign a technical rating of 7 out of 10 to NCV. In the last year, NCV was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
In the last month NCV has a been trading in the 13.02 - 13.83 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the performance of all stocks over the past year, NCV turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
NCV is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NCV is lagging the market slightly.
NCV has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 13.48, a Stop Loss order could be placed below this zone.
More info and screens
11.63
15.04
3 important support areas can be observed.
- A support zone ranging from 13.15 to 13.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.16 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.75 to 11.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 13.52 to 13.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 14.89 to 14.89. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 NCV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NCV is up. |
| ChartMill Relative Strength | 57.58 | NEUTRAL | NCV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NCV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NCV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.34 | NEUTRAL | The RSI value for NCV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NCV has a negative trend. |
| Stochastics (14,3) | 45.47 | NEUTRAL | The Stochastics value for NCV is a neutral value. |
| Average True Range in percent/ATR (20) | 1.24 | LOW VOLATILITY | The low ATR as a percentage value for NCV suggests low volalility. |
| Average Directional Index/ADX (14) | 10.1 | NEGATIVE | The low ADX value for NCV suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.71 | 13.44 | 0.27 (1.97%) | 25.00% |
| An entry @13.71. This is a Buy Stop order right above the resistance zone. | An exit @13.44. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.27 points, which is 1.97%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.49%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NCV (6/18/2025, 8:12:17 PM)
13.51
-0.07 (-0.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.52%
1 Week-1.6%
2 Weeks-0.44%
1 Month0.37%
3 Month2.19%
6 Month-4.05%
12 Month6.21%
2 Year-2.95%
3 Year-8.22%
5 Year-22.89%
10 Year-58.41%
15 Year-63.17%
Volatility
ATR(14)0.15
ATR(20)%1.24%
ATR Inc-1.39%
Range Today0.18
ADR(20)0.15
ADR(20)%1.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.58
Mansfield-0.51
10 Day High13.83
10 Day Low13.45
20 Day High13.83
20 Day Low13.02
52 Week High14.92
52 Week Low11.51
CS1 End13.48
CR1 Start13.52
Volume & EV
DER(3)-4.58%
DER(5)-2.06%
Volume59.40K
Volume Incr-3.15%
Vol(5)66.62K
Vol(50)79.04K