MINERVA NEUROSCIENCES INC (NERV) Stock Technical Analysis
USA - NASDAQ:NERV - US6033802058 - Common Stock
Overall NERV gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NERV is showing a nice and steady performance.
Although NERV has an excellent technical rating, the quality of the presented setup is not ideal 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
2.15
4 important support areas can be observed.
- Support @4.03 from a horizontal line in the daily time frame.
- Support @2.30 from a trend line in the daily time frame.
- Support @2.23 from a trend line in the weekly time frame.
- Support @2.17 from a trend line in the daily time frame.
We found 1 important resistance area.
- 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 | UP | POSITIVE | The short term trend for NERV is up. |
| ChartMill Relative Strength | 95.39 | POSITIVE | NERV has a high relative strength, it outperformed 95.39% 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) | 58.45 | NEUTRAL | The RSI value for NERV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NERV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 18.36 | OVERSOLD | The low Stochastics value suggests NERV may be oversold. |
| Average True Range in percent/ATR (20) | 22.21 | HIGH VOLATILITY | The high ATR as a percentage value for NERV suggests high volalility. |
| Average Directional Index/ADX (14) | 50.62 | POSITIVE | The high ADX value value for NERV suggests a strong trend. |
4.2
+0.16 (+3.96%)
MINERVA NEUROSCIENCES INC / NERV FAQ
Can you provide the ChartMill technical rating for MINERVA NEUROSCIENCES INC?
ChartMill assigns a technical rating of 9 / 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 58.4505. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for MINERVA NEUROSCIENCES INC?
The buy/sell signal for MINERVA NEUROSCIENCES INC (NERV) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for MINERVA NEUROSCIENCES INC (NERV) stock?
MINERVA NEUROSCIENCES INC (NERV) has a support level at 4.03 and a resistance level at 4.71. Check the full technical report for our detailed analysis of NERV support and resistance levels.