NOVAMARINE SPA (NOVA.MI) Stock Technical Analysis
BIT:NOVA - Euronext Milan - IT0005605701 - Common Stock - Currency: EUR
We assign a technical rating of 3 out of 10 to NOVA. In the last year, NOVA was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
The technical rating of NOVA is bad and it also does not present a 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
5.69
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. |
| Relative Strength Index/RSI (14) | 79.62 | OVERBOUGHT | The high RSI value suggests NOVA.MI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.32 | POSITIVE | The MACD value suggests NOVA.MI has a positive trend, although the MACD value is declining. |
| Average Directional Index/ADX (14) | 37.27 | POSITIVE | The high ADX value value for NOVA.MI suggests a strong trend. |
BIT:NOVA (7/18/2025, 7:00:00 PM)
5.75
+0.35 (+6.48%)