We assign a technical rating of 0 out of 10 to NIVF. NIVF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NIVF is bad and it also does not present a quality setup 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.
1.49
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 NIVF is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NIVF is down. |
| ChartMill Relative Strength | 0.22 | NEGATIVE | NIVF has a low relative strength, it was outperformed by 99.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NIVF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NIVF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NIVF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 26.06 | OVERSOLD | The low RSI value suggests NIVF may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.23 | POSITIVE | The MACD value suggests NIVF has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 37.42 | NEUTRAL | The Stochastics value for NIVF is a neutral value. |
| Average True Range in percent/ATR (20) | 21.87 | HIGH VOLATILITY | The high ATR as a percentage value for NIVF suggests high volalility. |
| Average Directional Index/ADX (14) | 11.37 | NEGATIVE | The low ADX value for NIVF suggests a weak or negative trend. |
1.5
-0.56 (-27.18%)
ChartMill assigns a technical rating of 0 / 10 to NIVF.
The current trend direction for NEWGENIVF GROUP LTD-A (NIVF) is Bearish.
NEWGENIVF GROUP LTD-A (NIVF) has an RSI value of 26.0572. This indicates that the stock is currently oversold.
The MACD indicator for NEWGENIVF GROUP LTD-A (NIVF) has a value of 0.228497, indicating a bearish trend.