NDVA Technical Analysis - INDIVA LTD

Technical Rating and Analysis

Taking everything into account, NDVA scores 0 out of 10 in our technical rating. NDVA'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, NDVA is a bad performer in the overall market: 88% of all stocks are doing better.

NDVA is part of the Pharmaceuticals industry. There are 34 other stocks in this industry, of which 72% are performing better than NDVA.

NDVA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

In the last month NDVA has a been trading in the 0.03 - 0.07 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.

Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

The technical rating of NDVA 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

0.03

0.06

When analyzing the resistance we notice one important area.

A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

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What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 NDVA.CA is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NDVA.CA is down.
ChartMill Relative Strength	12.7	NEGATIVE	NDVA.CA has a low relative strength, it was outperformed by 87.3% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NDVA.CA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NDVA.CA is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of NDVA.CA is below the rising SMA(200).
Relative Strength Index/RSI (14)	28.34	OVERSOLD	The low RSI value suggests NDVA.CA may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0	NEGATIVE	The MACD value suggests NDVA.CA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	4.76	OVERSOLD	The low Stochastics value suggests NDVA.CA may be oversold.
Average True Range in percent/ATR (20)	22.5	HIGH VOLATILITY	The high ATR as a percentage value for NDVA.CA suggests high volalility.
Average Directional Index/ADX (14)	53.23	POSITIVE	The high ADX value value for NDVA.CA suggests a strong trend.