We assign a technical rating of 8 out of 10 to NERV. Both in the recent history as in the last year, NERV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, NERV also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NERV in the last couple of days, which is a good sign. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
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4 important support areas can be observed.
- A support zone ranging from 3.79 to 3.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 3.65 to 3.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.66 from a trend line in the daily time frame.
- Support @2.50 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- Resistance @4.20 from a horizontal line in the daily time frame.
- Resistance @4.71 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 | UP | POSITIVE | The long term trend for NERV is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NERV is neutral. |
| ChartMill Relative Strength | 96.75 | POSITIVE | NERV has a high relative strength, it outperformed 96.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NERV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NERV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NERV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.2 | NEUTRAL | The RSI value for NERV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NERV has a positive trend. |
| Stochastics (14,3) | 78.3 | NEUTRAL | The Stochastics value for NERV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for NERV suggests high volalility. |
| Average Directional Index/ADX (14) | 29.3 | POSITIVE | The high ADX value value for NERV suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 4.21 | 3.78 | 0.43 (10.21%) | 9.79% |
| An entry @4.21. This is a Buy Stop order right above the resistance zone. | An exit @3.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 10.21%. | For a 1.00% total portfolio risk, you can invest 9.79% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NERV. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
4.19
+0.22 (+5.54%)
MINERVA NEUROSCIENCES INC / NERV FAQ
Can you provide the ChartMill technical rating for MINERVA NEUROSCIENCES INC?
ChartMill assigns a technical rating of 8 / 10 to NERV.
Can you provide the trend direction for MINERVA NEUROSCIENCES INC?
The current trend direction for MINERVA NEUROSCIENCES INC (NERV) is Bullish.
Can you provide the RSI signal for MINERVA NEUROSCIENCES INC?
MINERVA NEUROSCIENCES INC (NERV) has an RSI value of 56.2044. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for MINERVA NEUROSCIENCES INC?
MINERVA NEUROSCIENCES INC (NERV) has a support level at 3.83 and a resistance level at 4.2. Check the full technical report for our detailed analysis of NERV support and resistance levels.