NUVATION BIO INC (NUVB) Technical Analysis
NYSE:NUVB • US67080N1019
Current stock price
NUVB Technical Rating and Analysis
Taking everything into account, NUVB scores 3 out of 10 in our technical rating. Although NUVB 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- NUVB is part of the Pharmaceuticals industry. There are 192 other stocks in this industry. NUVB outperforms 80% of them.
- NUVB has an average volume of 4877020 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 90% of all other stocks. However, NUVB's most recent performance is quite weak.
- NUVB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NUVB is lagging the market slightly.
- In the last month NUVB has a been trading in the 4.04 - 4.82 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NUVB Weekly and Daily overview Charts
NUVB Setup Rating and Analysis
Although the technical rating is bad, NUVB does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price.
More info and screens
NUVB Support and Resistance Analysis
4.00
When analyzing the support we can see 2 important areas.
- Support @4.21 from a horizontal line in the weekly time frame.
- A support zone ranging from 4.04 to 4.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @4.52 from a horizontal line in the daily time frame.
- Resistance @5.90 from a horizontal line in the daily time frame.
NUVB 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 NUVB is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NUVB is down. |
| ChartMill Relative Strength | 90.94 | POSITIVE | NUVB has a high relative strength, it outperformed 90.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NUVB is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NUVB is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NUVB is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.68 | NEUTRAL | The RSI value for NUVB is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NUVB has a positive trend. |
| Stochastics (14,3) | 61.25 | NEUTRAL | The Stochastics value for NUVB is a neutral value. |
| Average True Range in percent/ATR (20) | 5.48 | HIGH VOLATILITY | The high ATR as a percentage value for NUVB suggests high volalility. |
| Average Directional Index/ADX (14) | 34.43 | POSITIVE | The high ADX value value for NUVB suggests a strong trend. |
NUVB Chart- and CandleStick Pattern Analysis
NUVB Technicals: Chart, Performance Metrics, Trend & Indicators
4.41
-0.1 (-2.22%)
NUVATION BIO INC / NUVB TA FAQ
What is the ChartMill technical rating of NUVATION BIO INC (NUVB) stock?
ChartMill assigns a technical rating of 3 / 10 to NUVB.
Can you provide the trend direction for NUVATION BIO INC?
The current trend direction for NUVATION BIO INC (NUVB) is Bearish.
Can you provide the RSI signal for NUVATION BIO INC?
NUVATION BIO INC (NUVB) has an RSI value of 43.6761. This indicates that the stock is currently neutral.
What is the MACD signal for NUVATION BIO INC (NUVB) stock?
The MACD indicator for NUVATION BIO INC (NUVB) has a value of 0.0668777, indicating a bearish trend.
What is the buy/sell signal for NUVB stock?
The buy/sell signal for NUVATION BIO INC (NUVB) is sell as both the short term and long term trends are negative.