ENERGY VAULT HOLDINGS INC (NRGV) Technical Analysis
NYSE:NRGV • US29280W1099
Current stock price
3.23 USD
+0.09 (+2.87%)
At close:
3.27 USD
+0.04 (+1.24%)
Pre-Market:
NRGV Technical Rating and Analysis
Overall NRGV gets a technical rating of 2 out of 10. Although NRGV is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- NRGV is one of the better performing stocks in the Electrical Equipment industry, it outperforms 92% of 91 stocks in the same industry.
- NRGV has an average volume of 3984160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Looking at the yearly performance, NRGV did better than 98% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- 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.
- In the last month NRGV has a been trading in the 2.95 - 4.02 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NRGV Weekly and Daily overview Charts
NRGV Setup Rating and Analysis
Although the technical rating is bad, NRGV does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
NRGV Support and Resistance Analysis
2.94
3.57
2 important support areas can be observed.
- Support @3.07 from a trend line in the daily time frame.
- A support zone ranging from 2.97 to 3.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @3.31 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.51 to 3.53. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
NRGV 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 | DOWN | NEGATIVE | The long term trend for NRGV is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NRGV is neutral. |
| ChartMill Relative Strength | 98.17 | POSITIVE | NRGV has a high relative strength, it outperformed 98.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NRGV is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NRGV is below a declining 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) | 46.25 | NEUTRAL | The RSI value for NRGV is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRGV has a positive trend. |
| Stochastics (14,3) | 29.89 | NEUTRAL | The Stochastics value for NRGV is a neutral value. |
| Average True Range in percent/ATR (20) | 8.99 | HIGH VOLATILITY | The high ATR as a percentage value for NRGV suggests high volalility. |
| Average Directional Index/ADX (14) | 11.59 | NEGATIVE | The low ADX value for NRGV suggests a weak or negative trend. |
NRGV 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)
NRGV Technicals: Chart, Performance Metrics, Trend & Indicators
3.23
+0.09 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg2.87%
1 Week7.31%
2 Weeks0.31%
1 Month-6.65%
3 Month-43.53%
6 Month-13.87%
12 Month393.73%
2 Year154.33%
3 Year91.12%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%8.99%
ATR Inc-2.52%
Range Today0.23
ADR(20)0.28
ADR(20)%8.72%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS98.17
3 months CRS5.71
6 months CRS24.03
Mansfield1.38
10 Day High3.48
10 Day Low2.95
20 Day High4.02
20 Day Low2.95
52 Week High6.35
52 Week Low0.6
CS1 End3.07
CR1 Start3.31
Volume & EV
DER(3)1.29%
DER(5)2.85%
Volume2.40M
Volume Incr-33.24%
Vol(5)2.75M
Vol(50)3.98M
ENERGY VAULT HOLDINGS INC / NRGV TA FAQ
What is the ChartMill technical rating of ENERGY VAULT HOLDINGS INC (NRGV) stock?
ChartMill assigns a technical rating of 2 / 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 Bearish.
What is the RSI signal for ENERGY VAULT HOLDINGS INC (NRGV) stock?
ENERGY VAULT HOLDINGS INC (NRGV) has an RSI value of 46.253. 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.