NEOVOLTA INC (NEOV) Stock Technical Analysis
NASDAQ:NEOV • US6406551068
We assign a technical rating of 1 out of 10 to NEOV. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- NEOV is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEOV is lagging the market.
- In the last month NEOV has a been trading in the 2.81 - 4.78 range, which is quite wide. It is currently trading near the lows of this range.
- When compared to the yearly performance of all other stocks, NEOV outperforms 52% of them, which is more or less in line with the market.
- NEOV is part of the Electrical Equipment industry. There are 91 other stocks in this industry, NEOV did better than 48% of them.
NEOV has a poor technical rating and the quality of the setup is also not perfect 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
2.88
When analyzing the support we notice one important area.
- Support @2.91 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 3.45 to 3.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 5.68 to 5.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | 52.36 | 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) | 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) | 45.79 | NEUTRAL | The RSI value for NEOV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NEOV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 12.87 | OVERSOLD | The low Stochastics value suggests NEOV may be oversold. |
| Average True Range in percent/ATR (20) | 14.49 | HIGH VOLATILITY | The high ATR as a percentage value for NEOV suggests high volalility. |
| Average Directional Index/ADX (14) | 18.86 | NEGATIVE | The low ADX value for NEOV suggests a weak or negative trend. |
NASDAQ:NEOV (3/3/2026, 10:40:10 AM)
3.185
-0.27 (-7.95%)
NEOVOLTA INC / NEOV FAQ
What is the ChartMill technical rating of NEOVOLTA INC (NEOV) stock?
ChartMill assigns a technical rating of 1 / 10 to NEOV.
What is the trend direction for 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 45.7853. 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.
What is the buy/sell signal for NEOV stock?
The buy/sell signal for NEOVOLTA INC (NEOV) is sell as both the short term and long term trends are negative.