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(NOVC.DE) Stock Technical Analysis

FRA:NOVC - Deutsche Boerse Ag - DK0060534915 - Common Stock - Currency: EUR

86.34  -2.03 (-2.3%)

Technical Rating and Analysis

0

Taking everything into account, NOVC scores 0 out of 10 in our technical rating. NOVC's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

When comparing the yearly performance of all stocks, NOVC is a bad performer in the overall market: 94% of all stocks are doing better.
NOVC is part of the Pharmaceuticals industry. There are 53 other stocks in this industry, of which 73% are performing better than NOVC.
NOVC 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 NOVC has a been trading in the 85.56 - 185.12 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.
Warning: NOVC has an average volume of 26022 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
 / NOVC Weekly stock chart
 / NOVC Daily stock chart
Setup Rating and Analysis

2

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.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorNEUTRALNEUTRALThe long term trend for NOVC.DE is neutral.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NOVC.DE is down.
ChartMill Relative Strength6.24NEGATIVENOVC.DE has a low relative strength, it was outperformed by 93.76% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NOVC.DE is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NOVC.DE is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NOVC.DE is below a declining SMA(200).
Relative Strength Index/RSI (14)15.87OVERSOLDThe low RSI value suggests NOVC.DE may be oversold.
Moving Average Convergence Divergence/MACD (12, 26, 9)-11.92NEGATIVEThe MACD value suggests NOVC.DE has a negative trend.
Stochastics (14,3)0.94OVERSOLDThe low Stochastics value suggests NOVC.DE may be oversold.
Average True Range in percent/ATR (20)8.99HIGH VOLATILITYThe high ATR as a percentage value for NOVC.DE suggests high volalility.
Average Directional Index/ADX (14)49.86POSITIVEThe high ADX value value for NOVC.DE suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
 / NOVC Daily stock chart

FRA:NOVC (9/19/2023, 5:26:42 PM)

86.34

-2.03 (-2.3%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.3%
1 Week-53.15%
2 Weeks-50.9%
1 Month-49.3%
3 Month-41%
6 Month-38.72%
12 Month-13.99%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.66
ATR(20)%8.99%
ATR Inc-63.99%
Range Today2.18
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.24
Mansfield-4.06
10 Day High185.12
10 Day Low85.56
20 Day High185.12
20 Day Low85.56
52 Week High185.12
52 Week Low85.56
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-1.14%
DER(5)-0.85%
Volume3.19K
Volume Incr-77.86%
Vol(5)6.54K
Vol(50)26.02K