Overall NEOV gets a technical rating of 0 out of 10. 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.
The technical rating of NEOV 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
2.93
When analyzing the support we notice one important area.
- A support zone ranging from 2.96 to 2.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @4.38 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.
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 | 8.18 | NEGATIVE | NEOV has a low relative strength, it was outperformed by 91.82% 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) | UP | MIXED | The current price of NEOV is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 32.18 | NEUTRAL | The RSI value for NEOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NEOV has a negative trend. |
| Stochastics (14,3) | 5.5 | OVERSOLD | The low Stochastics value suggests NEOV may be oversold. |
| Average True Range in percent/ATR (20) | 9.57 | HIGH VOLATILITY | The high ATR as a percentage value for NEOV suggests high volalility. |
| Average Directional Index/ADX (14) | 33.26 | POSITIVE | The high ADX value value for NEOV suggests a strong trend. |
2.97
-0.19 (-6.01%)
NEOVOLTA INC / NEOV FAQ
What is the ChartMill technical rating of NEOVOLTA INC (NEOV) stock?
ChartMill assigns a technical rating of 0 / 10 to NEOV.
What is the current trend direction of NEOVOLTA INC (NEOV) stock?
The current trend direction for NEOVOLTA INC (NEOV) is Bearish.
What is the RSI signal for NEOV stock?
NEOVOLTA INC (NEOV) has an RSI value of 32.1753. This indicates that the stock is currently neutral.
What is the short term momentum for NEOV stock?
The short term momentum for NEOVOLTA INC (NEOV) is negative.
Can you provide the support and resistance levels for NEOVOLTA INC?
NEOVOLTA INC (NEOV) has a support level at 2.96 and a resistance level at 4.38. Check the full technical report for our detailed analysis of NEOV support and resistance levels.