INDIVA LTD (NDVA.CA) Technical Analysis
TSX-V:NDVA • CA45580J1012
Current stock price
NDVA.CA Technical Rating and Analysis
Overall NDVA gets a technical rating of 0 out of 10. NDVA 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 88% of all other stocks performed better in the past year than NDVA.
- NDVA is part of the Pharmaceuticals industry. There are 31 other stocks in this industry, of which 66% 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.
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.
Can you provide the RSI signal for INDIVA LTD?
INDIVA LTD (NDVA.CA) has an RSI value of 28.3365. This indicates that the stock is currently oversold.
What is the short term momentum for INDIVA LTD (NDVA.CA) stock?
The short term momentum for INDIVA LTD (NDVA.CA) is negative.
What is the buy/sell signal for INDIVA LTD (NDVA.CA) stock?
The buy/sell signal for INDIVA LTD (NDVA.CA) is sell as both the short term and long term trends are negative.