NANOVIRICIDES INC (NNVC) Stock Technical Analysis
NYSEARCA:NNVC - NYSE Arca - US6300873022 - Common Stock - Currency: USD
Taking everything into account, NNVC scores 3 out of 10 in our technical rating. NNVC performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NNVC is a bad performer in the overall market: 85% of all stocks are doing better.
In the last month NNVC has a been trading in the 1.15 - 1.61 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
NNVC is an average performer in the Biotechnology industry, it outperforms 49% of 558 stocks in the same industry.
NNVC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NNVC is lagging the market.
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
1.08
1.73
We found 6 important support areas.
- A support zone ranging from 1.40 to 1.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.37 to 1.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.28 from a trend line in the daily time frame.
- Support @1.24 from a horizontal line in the daily time frame.
- Support @1.11 from a horizontal line in the weekly time frame.
- Support @1.09 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- Resistance @1.61 from a horizontal line in the daily time frame.
- Resistance @1.65 from a trend line in the weekly time frame.
- Resistance @1.71 from a trend 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 | 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 | 15.31 | NEGATIVE | NNVC has a low relative strength, it was outperformed by 84.69% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NNVC is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNVC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNVC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.28 | 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) | 81.42 | OVERBOUGHT | The high Stochastics value suggests NNVC may be overbought. |
| Average True Range in percent/ATR (20) | 7.22 | HIGH VOLATILITY | The high ATR as a percentage value for NNVC suggests high volalility. |
| Average Directional Index/ADX (14) | 17.12 | NEGATIVE | The low ADX value for NNVC suggests a weak or negative trend. |
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)
1.46
-0.14 (-8.75%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-8.75%
1 Week5.04%
2 Weeks4.29%
1 Month-3.31%
3 Month9.77%
6 Month22.69%
12 Month-31.13%
2 Year-5.81%
3 Year-19.78%
5 Year-76.6%
10 Year-95.13%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%7.22%
ATR Inc103.15%
Range Today0.15
ADR(20)0.1
ADR(20)%6.55%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.31
Mansfield-0.78
10 Day High1.61
10 Day Low1.34
20 Day High1.61
20 Day Low1.15
52 Week High2.55
52 Week Low0.94
CS1 End1.43
CR1 Start1.61
Volume & EV
DER(3)-6.29%
DER(5)-6.03%
Volume261.10K
Volume Incr4.69%
Vol(5)261.02K
Vol(50)230.09K