NEOVOLTA INC (NEOV) Stock Technical Analysis
NASDAQ:NEOV - US6406551068 - Common Stock
3.5 USD
-0.06 (-1.69%)
3.7999 USD
+0.3 (+8.57%)
Overall NEOV gets a technical rating of 2 out of 10. NEOV has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NEOV is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, NEOV outperforms 68% of them, which is more or less in line with the market.
NEOV is an average performer in the Electrical Equipment industry, it outperforms 50% of 92 stocks in the same industry.
NEOV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEOV is lagging the market.
Considerably lower volume is observed in the last couple of days.
NEOV has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.55
5.27
When analyzing the support we can see 2 important areas.
- A support zone ranging from 3.49 to 3.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.58 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 3.60 to 3.61. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.90 from a trend line in the weekly time frame.
- Resistance @5.22 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NEOV is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEOV is down. |
| ChartMill Relative Strength | 68.59 | NEUTRAL | NEOV is not amongst the best or worst performers 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) | UP | MIXED | The current price of NEOV is below the rising 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) | 39.73 | NEUTRAL | The RSI value for NEOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NEOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.52 | OVERSOLD | The low Stochastics value suggests NEOV may be oversold. |
| Average True Range in percent/ATR (20) | 12.36 | HIGH VOLATILITY | The high ATR as a percentage value for NEOV suggests high volalility. |
| Average Directional Index/ADX (14) | 27.93 | POSITIVE | The high ADX value value for NEOV suggests a strong 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)
3.5
-0.06 (-1.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.69%
1 Week0%
2 Weeks-5.66%
1 Month-30.69%
3 Month14.38%
6 Month19.86%
12 Month11.29%
2 Year40.56%
3 Year-30.42%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%12.36%
ATR Inc-33.97%
Range Today0.22
ADR(20)0.43
ADR(20)%12.27%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.59
Mansfield-1.34
10 Day High4.16
10 Day Low3.4
20 Day High5.38
20 Day Low3.4
52 Week High6.11
52 Week Low1.8
CS1 End3.49
CR1 Start3.6
Volume & EV
DER(3)-9.34%
DER(5)-5.91%
Volume135.30K
Volume Incr-22.51%
Vol(5)138.84K
Vol(50)234.88K