ENERGY VAULT HOLDINGS INC (NRGV) Stock Technical Analysis
NYSE:NRGV - New York Stock Exchange, Inc. - US29280W1099 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to NRGV. NRGV scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than NRGV.
NRGV is one of the lesser performing stocks in the Electrical Equipment industry. 63% of 93 stocks in the same industry do better.
NRGV is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NRGV has a been trading in the 0.65 - 0.92 range, which is quite wide. It is currently trading near the high of this range.
NRGV has an average volume of 1519710 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
NRGV has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.83, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NRGV in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.80
0.97
We found 1 important support area.
- A support zone ranging from 0.81 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.96 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 | 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 | 15.18 | NEGATIVE | NRGV has a low relative strength, it was outperformed by 84.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NRGV is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NRGV is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NRGV is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.73 | 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) | 78.64 | NEUTRAL | The Stochastics value for NRGV is a neutral value. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for NRGV suggests high volalility. |
| Average Directional Index/ADX (14) | 12.2 | NEGATIVE | The low ADX value for NRGV suggests a weak or negative 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)
0.8377
-0.02 (-2.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-2.41%
1 Week-1.94%
2 Weeks14.96%
1 Month-2.23%
3 Month19.69%
6 Month-56.37%
12 Month-37.01%
2 Year-74.99%
3 Year-81.18%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.07
ATR(20)%7.97%
ATR Inc-31.15%
Range Today0.05
ADR(20)0.06
ADR(20)%7.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.18
Mansfield-3.79
10 Day High0.89
10 Day Low0.65
20 Day High0.92
20 Day Low0.65
52 Week High2.7
52 Week Low0.6
CS1 End0.83
CR1 Start0.85
Volume & EV
DER(3)3.25%
DER(5)-1.11%
Volume222.90K
Volume Incr-75.95%
Vol(5)499.74K
Vol(50)1.52M