ENERGY VAULT HOLDINGS INC (NRGV) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NRGV - US29280W1099 - Common Stock
Overall NRGV gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NRGV has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NRGV has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
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2.94
When analyzing the support we can see 5 important areas.
- Support @4.80 from a trend line in the daily time frame.
- Support @4.60 from a horizontal line in the daily time frame.
- Support @3.80 from a trend line in the weekly time frame.
- Support @3.65 from a trend line in the daily time frame.
- Support @2.97 from a horizontal line in the daily time frame.
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 NRGV is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRGV is up. |
| ChartMill Relative Strength | 98.33 | POSITIVE | NRGV has a high relative strength, it outperformed 98.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRGV is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRGV is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRGV is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.07 | NEUTRAL | The RSI value for NRGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NRGV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 65.15 | NEUTRAL | The Stochastics value for NRGV is a neutral value. |
| Average True Range in percent/ATR (20) | 9.52 | HIGH VOLATILITY | The high ATR as a percentage value for NRGV suggests high volalility. |
| Average Directional Index/ADX (14) | 42.52 | POSITIVE | The high ADX value value for NRGV suggests a strong trend. |
5.69
+0.77 (+15.65%)
ENERGY VAULT HOLDINGS INC / NRGV FAQ
What is the ChartMill technical rating of ENERGY VAULT HOLDINGS INC (NRGV) stock?
ChartMill assigns a technical rating of 9 / 10 to NRGV.
What is the current trend direction of ENERGY VAULT HOLDINGS INC (NRGV) stock?
The current trend direction for ENERGY VAULT HOLDINGS INC (NRGV) is Bullish.
Can you provide the RSI signal for ENERGY VAULT HOLDINGS INC?
ENERGY VAULT HOLDINGS INC (NRGV) has an RSI value of 67.0679. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for ENERGY VAULT HOLDINGS INC?
The buy/sell signal for ENERGY VAULT HOLDINGS INC (NRGV) is buy as both the short term and long term trends are positive.
What is the support and resistance level for NRGV stock?
ENERGY VAULT HOLDINGS INC (NRGV) has a support level at 4.8. Check the full technical report for our detailed analysis of NRGV support and resistance levels.