NANOVIRICIDES INC (NNVC) Technical Analysis
NYSEARCA:NNVC • US6300873022
Current stock price
1.03 USD
-0.02 (-1.9%)
At close:
1.0002 USD
-0.03 (-2.89%)
After Hours:
NNVC Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to NNVC. NNVC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, NNVC is a bad performer in the overall market: 82% of all stocks are doing better.
- NNVC is one of the lesser performing stocks in the Biotechnology industry. 62% of 519 stocks in the same industry do better.
- NNVC is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NNVC is lagging the market.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- In the last month NNVC has a been trading in the 0.91 - 1.27 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NNVC Weekly and Daily overview Charts
NNVC Setup Rating and Analysis
The technical rating of NNVC 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.
More info and screens
NNVC Support and Resistance Analysis
0.91
1.81
When analyzing the support we can see 2 important areas.
- Support @0.97 from a trend line in the daily time frame.
- Support @0.92 from a horizontal line in the daily time frame.
We can see 5 important resistance areas.
- Resistance @1.13 from a trend line in the daily time frame.
- A resistance zone ranging from 1.18 to 1.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.63 from a trend line in the weekly time frame.
- Resistance @1.73 from a trend line in the weekly time frame.
- Resistance @1.79 from a horizontal line in the weekly time frame.
NNVC 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 | NEUTRAL | NEUTRAL | The long term trend for NNVC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNVC is neutral. |
| ChartMill Relative Strength | 18.1 | NEGATIVE | NNVC has a low relative strength, it was outperformed by 81.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NNVC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NNVC is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NNVC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.62 | NEUTRAL | The RSI value for NNVC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NNVC has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 43.52 | NEUTRAL | The Stochastics value for NNVC is a neutral value. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for NNVC suggests high volalility. |
| Average Directional Index/ADX (14) | 21.88 | NEUTRAL | The ADX value for NNVC suggests a possible start of a new trend. |
NNVC Chart- and CandleStick Pattern Analysis
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NNVC Technicals: Chart, Performance Metrics, Trend & Indicators
1.03
-0.02 (-1.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-1.9%
1 Week-12.71%
2 Weeks7.33%
1 Month0.98%
3 Month-16.94%
6 Month-29.93%
12 Month-20.77%
2 Year-11.21%
3 Year-12.12%
5 Year-78.18%
10 Year-97.65%
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%7.69%
ATR Inc10.74%
Range Today0.07
ADR(20)0.08
ADR(20)%7.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS18.1
3 months CRS21.84
6 months CRS18.08
Mansfield-2.48
10 Day High1.27
10 Day Low0.91
20 Day High1.27
20 Day Low0.91
52 Week High2.23
52 Week Low0.85
CS1 End0.97
CR1 Start1.13
Volume & EV
DER(3)-4.12%
DER(5)-6.04%
Volume224.60K
Volume Incr-28.55%
Vol(5)197.92K
Vol(50)277.84K
NANOVIRICIDES INC / NNVC TA FAQ
What is the technical rating for NNVC stock?
ChartMill assigns a technical rating of 2 / 10 to NNVC.
Can you provide the trend direction for NANOVIRICIDES INC?
The current trend direction for NANOVIRICIDES INC (NNVC) is Bearish.
What is the RSI signal for NNVC stock?
NANOVIRICIDES INC (NNVC) has an RSI value of 47.6195. This indicates that the stock is currently neutral.
What is the MACD signal for NNVC stock?
The MACD indicator for NANOVIRICIDES INC (NNVC) has a value of 0.00588072, indicating a bearish trend.