Overall NERV gets a technical rating of 7 out of 10. In the last year, NERV was one of the better performers, but we do observe some doubts in the very recent evolution.
- NERV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NERV has a been trading in the 3.75 - 4.86 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NERV is one of the better performing stocks in the Biotechnology industry, it outperforms 70% of 525 stocks in the same industry.
- When comparing the yearly performance of all stocks, we notice that NERV is one of the better performing stocks in the market, outperforming 88% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Besides having an excellent technical rating, NERV also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 3.89, 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. Another positive sign is the recent Pocket Pivot signal.
- 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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2.60
We found 2 important support areas.
- A support zone ranging from 3.89 to 3.89. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.63 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 4.33 to 4.46. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 88.18 | POSITIVE | NERV has a high relative strength, it outperformed 88.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NERV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NERV is below 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) | 42.73 | NEUTRAL | The RSI value for NERV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NERV has a negative trend. |
| Stochastics (14,3) | 33.99 | NEUTRAL | The Stochastics value for NERV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.55 | HIGH VOLATILITY | The high ATR as a percentage value for NERV suggests high volalility. |
| Average Directional Index/ADX (14) | 18.91 | NEGATIVE | The low ADX value for NERV suggests a weak or negative 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 |
|---|---|---|---|
| 4.47 | 3.88 | 0.59 (13.20%) | 7.58% |
| An entry @4.47. This is a Buy Stop order right above the resistance zone. | An exit @3.88. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.59 points, which is 13.20%. | When investing 7.58% of your capital in this trade, your total portfolio risk will be 1.00%. |
- 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.
4.02
+0.12 (+3.08%)
MINERVA NEUROSCIENCES INC / NERV FAQ
Can you provide the ChartMill technical rating for MINERVA NEUROSCIENCES INC?
ChartMill assigns a technical rating of 7 / 10 to NERV.
What is the current trend direction of MINERVA NEUROSCIENCES INC (NERV) stock?
The current trend direction for MINERVA NEUROSCIENCES INC (NERV) is Bullish.
What is the RSI signal for MINERVA NEUROSCIENCES INC (NERV) stock?
MINERVA NEUROSCIENCES INC (NERV) has an RSI value of 42.7321. This indicates that the stock is currently neutral.
What is the MACD signal for NERV stock?
The MACD indicator for MINERVA NEUROSCIENCES INC (NERV) has a value of -0.0453005, indicating a bearish trend.
What are the support and resistance levels for MINERVA NEUROSCIENCES INC (NERV) stock?
MINERVA NEUROSCIENCES INC (NERV) has a support level at 3.89 and a resistance level at 4.33. Check the full technical report for our detailed analysis of NERV support and resistance levels.