MINERVA NEUROSCIENCES INC (NERV) Technical Analysis
NASDAQ:NERV • US6033802058
Current stock price
NERV Technical Rating and Analysis
Taking everything into account, NERV scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month NERV has a been trading in the 5.02 - 8.38 range, which is quite wide. It is currently trading near the lows of this range.
- Looking at the yearly performance, NERV did better than 97% of all other stocks. On top of that, NERV also shows a nice and consistent pattern of rising prices.
- NERV is one of the better performing stocks in the Biotechnology industry, it outperforms 90% of 516 stocks in the same industry.
- The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
- NERV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NERV is lagging the market.
NERV Weekly and Daily overview Charts
NERV Setup Rating and Analysis
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
NERV Support and Resistance Analysis
3.01
We found 3 important support areas.
- A support zone ranging from 5.17 to 5.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @4.97 from a trend line in the daily time frame.
- Support @3.04 from a trend line in the weekly time frame.
We found 1 important resistance area.
- Resistance @6.03 from a horizontal line in the daily time frame.
NERV Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NERV is down. |
| ChartMill Relative Strength | 97.65 | POSITIVE | NERV has a high relative strength, it outperformed 97.65% 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) | 47.04 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 39.65 | NEUTRAL | The Stochastics value for NERV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.45 | HIGH VOLATILITY | The high ATR as a percentage value for NERV suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for NERV suggests a weak or negative trend. |
NERV Chart- and CandleStick Pattern Analysis
NERV Technicals: Chart, Performance Metrics, Trend & Indicators
5.87
+0.17 (+2.98%)
MINERVA NEUROSCIENCES INC / NERV TA 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 NERV stock?
MINERVA NEUROSCIENCES INC (NERV) has an RSI value of 47.0447. This indicates that the stock is currently neutral.
What is the short term momentum for NERV stock?
The short term momentum for MINERVA NEUROSCIENCES INC (NERV) is negative.
What is the buy/sell signal for NERV stock?
The buy/sell signal for MINERVA NEUROSCIENCES INC (NERV) is hold as the short term and long term trends are mixed.