We assign a technical rating of 5 out of 10 to NEOV. NEOV has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NEOV has an average technical rating and it also does not offer a high 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.
2.96
4 important support areas can be observed.
We can see 2 important resistance areas.
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 | UP | POSITIVE | The long term trend for NEOV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEOV is neutral. |
| ChartMill Relative Strength | 58.1 | NEUTRAL | NEOV is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEOV is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NEOV is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEOV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.18 | 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. |
| Stochastics (14,3) | 29.99 | NEUTRAL | The Stochastics value for NEOV is a neutral value. |
| Average True Range in percent/ATR (20) | 16.24 | HIGH VOLATILITY | The high ATR as a percentage value for NEOV suggests high volalility. |
| Average Directional Index/ADX (14) | 29.74 | POSITIVE | The high ADX value value for NEOV suggests a strong trend. |
4.21
-0.24 (-5.39%)
ChartMill assigns a technical rating of 5 / 10 to NEOV.
The current trend direction for NEOVOLTA INC (NEOV) is Bullish.
NEOVOLTA INC (NEOV) has an RSI value of 49.1813. This indicates that the stock is currently neutral.
The short term momentum for NEOVOLTA INC (NEOV) is neutral.