Taking everything into account, NNVC scores 0 out of 10 in our technical rating. 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.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NNVC is a bad performer in the overall market: 92% of all stocks are doing better.
- NNVC is part of the Biotechnology industry. There are 524 other stocks in this industry, of which 72% are performing better than NNVC.
- NNVC is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NNVC has a been trading in the 0.85 - 1.24 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 technical rating of NNVC is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.84
3 important resistance areas can be observed.
- Resistance @1.14 from a trend line in the daily time frame.
- Resistance @1.69 from a trend line in the weekly time frame.
- Resistance @1.79 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 | DOWN | NEGATIVE | The long term trend for NNVC is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NNVC is down. |
| ChartMill Relative Strength | 8.66 | NEGATIVE | NNVC has a low relative strength, it was outperformed by 91.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNVC is below a declining 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) | 27.22 | OVERSOLD | The low RSI value suggests NNVC may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NNVC has a negative trend. |
| Stochastics (14,3) | 5.49 | OVERSOLD | The low Stochastics value suggests NNVC may be oversold. |
| Average True Range in percent/ATR (20) | 7.84 | HIGH VOLATILITY | The high ATR as a percentage value for NNVC suggests high volalility. |
| Average Directional Index/ADX (14) | 19.36 | NEGATIVE | The low ADX value for NNVC suggests a weak or negative trend. |
0.85
-0.05 (-5.56%)
NANOVIRICIDES INC / NNVC FAQ
What is the technical rating for NNVC stock?
ChartMill assigns a technical rating of 0 / 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 27.2219. This indicates that the stock is currently oversold.
What is the MACD signal for NNVC stock?
The MACD indicator for NANOVIRICIDES INC (NNVC) has a value of -0.0220046, indicating a bearish trend.
Can you provide the buy/sell signal for NANOVIRICIDES INC?
The buy/sell signal for NANOVIRICIDES INC (NNVC) is sell as both the short term and long term trends are negative.