NOVAMARINE SPA (NOVA.MI) Technical Analysis
BIT:NOVA • IT0005605701
Taking everything into account, NOVA scores 4 out of 10 in our technical rating. NOVA has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, NOVA is a bad performer in the overall market: 100% of all stocks are doing better.
- NOVA is one of the lesser performing stocks in the Leisure Products industry. 92% of 14 stocks in the same industry do better.
- The long and short term trends are both positive. This is looking good!
- In the last month NOVA has a been trading in the 3.44 - 10.00 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NOVA has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
9.90
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 NOVA.MI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NOVA.MI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NOVA.MI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOVA.MI is above the rising SMA(20). |
| Relative Strength Index/RSI (14) | 88.23 | OVERBOUGHT | The high RSI value suggests NOVA.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.28 | POSITIVE | The MACD value suggests NOVA.MI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.34 | OVERBOUGHT | The high Stochastics value suggests NOVA.MI may be overbought. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for NOVA.MI suggests high volalility. |
| Average Directional Index/ADX (14) | 60.39 | POSITIVE | The high ADX value value for NOVA.MI suggests a strong trend. |
NOVA.MI Technicals: Chart, Performance Metrics, Trend & Indicators
BIT:NOVA (2/18/2026, 7:00:00 PM)
10
0 (0%)
NOVAMARINE SPA / NOVA.MI FAQ
Can you provide the ChartMill technical rating for NOVAMARINE SPA?
ChartMill assigns a technical rating of 4 / 10 to NOVA.MI.
What is the trend direction for NOVA stock?
The current trend direction for NOVAMARINE SPA (NOVA.MI) is Bullish.
What is the RSI signal for NOVAMARINE SPA (NOVA.MI) stock?
NOVAMARINE SPA (NOVA.MI) has an RSI value of 88.2286. This indicates that the stock is currently overbought.
What is the MACD signal for NOVA stock?
The MACD indicator for NOVAMARINE SPA (NOVA.MI) has a value of 0.283363, indicating a bearish trend.