ENERGY VAULT HOLDINGS INC (NRGV) Stock Technical Analysis
NYSE:NRGV - US29280W1099 - Common Stock
1.64 USD
-0.06 (-3.53%)
1.61 USD
-0.03 (-1.83%)
Taking everything into account, NRGV scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NRGV is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NRGV did better than 95% of all other stocks.
NRGV is part of the Electrical Equipment industry. There are 93 other stocks in this industry. NRGV outperforms 85% of them.
In the last month NRGV has a been trading in the 1.02 - 1.75 range, which is quite wide. It is currently trading near the high of this range.
NRGV has an average volume of 2091780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NRGV is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NRGV is lagging the market.
Although NRGV has an excellent technical rating, the quality of the presented setup is not ideal 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.
More info and screens
0.64
1.67
We found 2 important support areas.
- A support zone ranging from 1.43 to 1.44. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.65 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @1.65 from a horizontal line in the weekly 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 | 95.93 | POSITIVE | NRGV has a high relative strength, it outperformed 95.93% 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) | DOWN | MIXED | The current price of NRGV is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 65.36 | NEUTRAL | The RSI value for NRGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NRGV has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 84.09 | OVERBOUGHT | The high Stochastics value suggests NRGV may be overbought. |
| Average True Range in percent/ATR (20) | 9.86 | HIGH VOLATILITY | The high ATR as a percentage value for NRGV suggests high volalility. |
| Average Directional Index/ADX (14) | 51.69 | POSITIVE | The high ADX value value for NRGV suggests a strong trend. |
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)
1.64
-0.06 (-3.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-3.53%
1 Week1.23%
2 Weeks12.33%
1 Month49.09%
3 Month98.52%
6 Month20.59%
12 Month62.38%
2 Year-48.59%
3 Year-70.24%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%9.86%
ATR Inc-17.6%
Range Today0.15
ADR(20)0.16
ADR(20)%9.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.93
Mansfield1.58
10 Day High1.75
10 Day Low1.4
20 Day High1.75
20 Day Low1.02
52 Week High2.7
52 Week Low0.6
CS1 End1.42
CR1 StartN/A
Volume & EV
DER(3)1.62%
DER(5)3.88%
Volume1.90M
Volume Incr-46.19%
Vol(5)1.45M
Vol(50)2.09M