NUVATION BIO INC (NUVB) Stock Technical Analysis
NYSE:NUVB - US67080N1019 - Common Stock
3.15 USD
+0.2 (+6.78%)
3.17 USD
+0.02 (+0.63%)
Overall NUVB gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NUVB is only an average performer.
Both the short term and long term trends are positive. This is a very positive sign.
NUVB is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NUVB is lagging the market slightly.
In the last month NUVB has a been trading in the 2.18 - 3.19 range, which is quite wide. It is currently trading near the high of this range.
NUVB has an average volume of 5330200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NUVB did better than 79% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
NUVB is an average performer in the Pharmaceuticals industry, it outperforms 68% of 195 stocks in the same industry.
Although NUVB 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.
More info and screens
1.74
3.18
When analyzing the support we can see 4 important areas.
- A support zone ranging from 2.68 to 2.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @2.47 from a trend line in the daily time frame.
- Support @1.85 from a trend line in the weekly time frame.
- Support @1.76 from a trend 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 NUVB is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NUVB is up. |
| ChartMill Relative Strength | 79.43 | POSITIVE | NUVB has a high relative strength, it outperformed 79.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NUVB is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NUVB is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NUVB is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 71.3 | OVERBOUGHT | The high RSI value suggests NUVB may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NUVB has a positive trend. |
| Stochastics (14,3) | 88 | OVERBOUGHT | The high Stochastics value suggests NUVB may be overbought. |
| Average True Range in percent/ATR (20) | 6.06 | HIGH VOLATILITY | The high ATR as a percentage value for NUVB suggests high volalility. |
| Average Directional Index/ADX (14) | 38.49 | POSITIVE | The high ADX value value for NUVB 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)
3.15
+0.2 (+6.78%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg6.78%
1 Week5.7%
2 Weeks17.1%
1 Month32.91%
3 Month27.02%
6 Month55.94%
12 Month12.9%
2 Year135.07%
3 Year40.63%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.18
ATR(20)%6.06%
ATR Inc-4.97%
Range Today0.19
ADR(20)0.19
ADR(20)%5.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.43
Mansfield2.13
10 Day High3.19
10 Day Low2.57
20 Day High3.19
20 Day Low2.18
52 Week High3.46
52 Week Low1.54
CS1 End2.72
CR1 StartN/A
Volume & EV
DER(3)-1.21%
DER(5)-0.48%
Volume6.49M
Volume Incr-10.55%
Vol(5)4.15M
Vol(50)5.33M