ENERGY VAULT HOLDINGS INC (NRGV) Stock Technical Analysis
USA - NYSE:NRGV - US29280W1099 - Common Stock
We assign a technical rating of 9 out of 10 to NRGV. 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.
Although NRGV has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
2.88
We found 2 important support areas.
- Support @3.18 from a horizontal line in the daily time frame.
- Support @2.91 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.55 to 3.55. This zone is formed by a combination of multiple trend lines and important moving averages 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 | NEUTRAL | NEUTRAL | The short term trend for NRGV is neutral. |
| ChartMill Relative Strength | 96.5 | POSITIVE | NRGV has a high relative strength, it outperformed 96.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NRGV is below 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) | 51.55 | NEUTRAL | The RSI value for NRGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NRGV has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 22.29 | NEUTRAL | The Stochastics value for NRGV is a neutral value. |
| Average True Range in percent/ATR (20) | 11.6 | HIGH VOLATILITY | The high ATR as a percentage value for NRGV suggests high volalility. |
| Average Directional Index/ADX (14) | 30.26 | POSITIVE | The high ADX value value for NRGV suggests a strong trend. |
3.37
+0.18 (+5.64%)
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.
Can you provide the trend direction for ENERGY VAULT HOLDINGS INC?
The current trend direction for ENERGY VAULT HOLDINGS INC (NRGV) is Bullish.
What is the RSI signal for NRGV stock?
ENERGY VAULT HOLDINGS INC (NRGV) has an RSI value of 51.5504. This indicates that the stock is currently neutral.
What is the short term momentum for ENERGY VAULT HOLDINGS INC (NRGV) stock?
The short term momentum for ENERGY VAULT HOLDINGS INC (NRGV) is neutral.
Can you provide the support and resistance levels for ENERGY VAULT HOLDINGS INC?
ENERGY VAULT HOLDINGS INC (NRGV) has a support level at 3.18 and a resistance level at 3.55. Check the full technical report for our detailed analysis of NRGV support and resistance levels.