NOVA VISION ACQUISITION (NOVV) Technical Analysis
NASDAQ:NOVV • VGG6759A1003
Current stock price
37.0001 USD
+24.67 (+200.08%)
Last:
NOVV Technical Rating and Analysis
Overall NOVV gets a technical rating of 7 out of 10. In the last year, NOVV was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
- Warning: NOVV has an average volume of 11614 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- NOVV is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NOVV is leading the market.
- In the last month NOVV has a been trading in the 11.41 - 55.28 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Looking at the yearly performance, NOVV did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NOVV Weekly and Daily overview Charts
NOVV Setup Rating and Analysis
Although NOVV has an excellent technical rating, it does not present a decent entry opportunity 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
NOVV Support and Resistance Analysis
36.63
37.37
NOVV 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NOVV is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NOVV is neutral. |
| ChartMill Relative Strength | 99.56 | POSITIVE | NOVV has a high relative strength, it outperformed 99.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NOVV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NOVV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NOVV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 95.37 | OVERBOUGHT | The high RSI value suggests NOVV may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.54 | POSITIVE | The MACD value suggests NOVV has a positive trend. |
| Stochastics (14,3) | 50.78 | NEUTRAL | The Stochastics value for NOVV is a neutral value. |
| Average True Range in percent/ATR (20) | 6.92 | HIGH VOLATILITY | The high ATR as a percentage value for NOVV suggests high volalility. |
| Average Directional Index/ADX (14) | 42.85 | POSITIVE | The high ADX value value for NOVV suggests a strong trend. |
NOVV 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)
NOVV Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NOVV (9/13/2024, 8:00:02 PM)
37.0001
+24.67 (+200.08%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg200.08%
1 Week203.28%
2 Weeks208.08%
1 Month200.81%
3 Month208.85%
6 Month223.71%
12 Month259.22%
2 Year262.04%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.42
ATR(20)%6.92%
ATR Inc5118.85%
Range Today37.93
ADR(20)2.19
ADR(20)%5.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
3 months CRSN/A
6 months CRSN/A
Mansfield16.34
10 Day High55.28
10 Day Low11.41
20 Day High55.28
20 Day Low11.41
52 Week High55.28
52 Week Low10.3
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-12.83%
DER(5)-7.7%
Volume205.20K
Volume Incr1535.87%
Vol(5)41.96K
Vol(50)11.61K
NOVA VISION ACQUISITION / NOVV TA FAQ
What is the ChartMill technical rating of NOVA VISION ACQUISITION (NOVV) stock?
ChartMill assigns a technical rating of 7 / 10 to NOVV.
Can you provide the trend direction for NOVA VISION ACQUISITION?
The current trend direction for NOVA VISION ACQUISITION (NOVV) is Bearish.
What is the RSI signal for NOVV stock?
NOVA VISION ACQUISITION (NOVV) has an RSI value of 95.3654. This indicates that the stock is currently overbought.