INDIVA LTD (NDVA.CA) Technical Analysis
TSX-V:NDVA • CA45580J1012
Current stock price
NDVA.CA 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.
- 88% of all other stocks performed better in the past year than NDVA.
- NDVA is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NDVA is lagging the market.
- 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.
- NDVA is part of the Pharmaceuticals industry. There are 33 other stocks in this industry, NDVA did better than 43% of them.
NDVA.CA Weekly and Daily overview Charts
NDVA.CA 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.
More info and screens
NDVA.CA Support and Resistance Analysis
0.03
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.
NDVA.CA 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. |
NDVA.CA Chart- and CandleStick Pattern Analysis
NDVA.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NDVA (6/12/2024, 7:00:00 PM)
0.03
-0.01 (-14.29%)
INDIVA LTD / NDVA.CA TA FAQ
What is the ChartMill technical rating of INDIVA LTD (NDVA.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to NDVA.CA.
What is the trend direction for NDVA stock?
The current trend direction for INDIVA LTD (NDVA.CA) is Bearish.
What is the RSI signal for INDIVA LTD (NDVA.CA) stock?
INDIVA LTD (NDVA.CA) has an RSI value of 28.3365. This indicates that the stock is currently oversold.
Can you provide the MACD signal for INDIVA LTD?
The MACD indicator for INDIVA LTD (NDVA.CA) has a value of -0.00200266, indicating a bearish trend.
What is the support and resistance level for NDVA stock?
INDIVA LTD (NDVA.CA) has a resistance level at 0.06. Check the full technical report for our detailed analysis of NDVA.CA support and resistance levels.