Europe - FRA:NOVC - DK0060534915 - Common Stock
Overall NOVC gets a technical rating of 0 out of 10. NOVC 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 technical rating of NOVC 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.
85.48
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 NOVC.DE is neutral. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOVC.DE is down. |
ChartMill Relative Strength | 6.24 | NEGATIVE | NOVC.DE has a low relative strength, it was outperformed by 93.76% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOVC.DE is below a declining SMA(20). |
Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOVC.DE is below a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOVC.DE is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 15.87 | OVERSOLD | The low RSI value suggests NOVC.DE may be oversold. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -11.92 | NEGATIVE | The MACD value suggests NOVC.DE has a negative trend. |
Stochastics (14,3) | 0.94 | OVERSOLD | The low Stochastics value suggests NOVC.DE may be oversold. |
Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for NOVC.DE suggests high volalility. |
Average Directional Index/ADX (14) | 49.86 | POSITIVE | The high ADX value value for NOVC.DE suggests a strong trend. |