NEOVOLTA INC (NEOV) Technical Analysis
NASDAQ:NEOV • US6406551068
Current stock price
NEOV Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NEOV. NEOV'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.
- 90% of all other stocks performed better in the past year than NEOV.
- NEOV is one of the lesser performing stocks in the Electrical Equipment industry. 76% of 92 stocks in the same industry do better.
- NEOV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NEOV has a been trading in the 2.44 - 3.35 range, which is quite wide. It is currently trading near the lows of this range.
NEOV Weekly and Daily overview Charts
NEOV Setup Rating and Analysis
NEOV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
NEOV Support and Resistance Analysis
2.69
We can see 4 important resistance areas.
- A resistance zone ranging from 2.92 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.15 from a trend line in the daily time frame.
- Resistance @5.68 from a horizontal line in the weekly time frame.
- Resistance @5.80 from a horizontal line in the weekly time frame.
NEOV 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 NEOV is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEOV is down. |
| ChartMill Relative Strength | 10.45 | NEGATIVE | NEOV has a low relative strength, it was outperformed by 89.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEOV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEOV is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEOV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.02 | NEUTRAL | The RSI value for NEOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.31 | OVERSOLD | The low Stochastics value suggests NEOV may be oversold. |
| Average True Range in percent/ATR (20) | 8.53 | HIGH VOLATILITY | The high ATR as a percentage value for NEOV suggests high volalility. |
| Average Directional Index/ADX (14) | 23.35 | NEUTRAL | The ADX value for NEOV suggests a possible start of a new trend. |
NEOV Chart- and CandleStick Pattern Analysis
NEOV Technicals: Chart, Performance Metrics, Trend & Indicators
2.72
+0.15 (+5.84%)
NEOVOLTA INC / NEOV TA FAQ
What is the ChartMill technical rating of NEOVOLTA INC (NEOV) stock?
ChartMill assigns a technical rating of 0 / 10 to NEOV.
Can you provide the trend direction for NEOVOLTA INC?
The current trend direction for NEOVOLTA INC (NEOV) is Bearish.
What is the RSI signal for NEOVOLTA INC (NEOV) stock?
NEOVOLTA INC (NEOV) has an RSI value of 41.0223. This indicates that the stock is currently neutral.
What is the MACD signal for NEOVOLTA INC (NEOV) stock?
The MACD indicator for NEOVOLTA INC (NEOV) has a value of -0.0134986, indicating a bearish trend.
Can you provide the short term momentum for NEOVOLTA INC?
The short term momentum for NEOVOLTA INC (NEOV) is negative.