NUVATION BIO INC (NUVB)

US67080N1019 - Common Stock

3.32  -0.09 (-2.64%)

After market: 3.32 0 (0%)

Technical Rating and Analysis

10

Taking everything into account, NUVB scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NUVB has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NUVB is one of the better performing stocks in the market, outperforming 97% of all stocks.
NUVB is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 95% of 197 stocks in the same industry.
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 2.50 - 3.55 range, which is quite wide. It is currently trading near the high of this range.
NUVB has an average volume of 1676900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Weekly and Daily overview Charts
NUVB Weekly chart
NUVB Daily chart
Setup Rating and Analysis

6

NUVB has an excellent technical rating, but the quality of the setup is only medium 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.

Support and Resistance Analysis

2.20

3.69

When analyzing the support we can see 3 important areas.

  • Support @3.17 from a horizontal line in the daily time frame.
  • Support @2.37 from a trend line in the daily time frame.
  • Support @2.22 from a trend line in the daily time frame.

When analyzing the resistance we notice 2 important areas.

  • Resistance @3.42 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 3.60 to 3.65. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.74
Mansfield6.06
10 Day High3.55
10 Day Low3.08
20 Day High3.55
20 Day Low2.51
52 Week High4.16
52 Week Low0.95
Performance
1 Week2.15%
2 Weeks3.11%
1 Month27.69%
3 Month91.91%
6 Month140.58%
12 Month103.68%
2 Year-5.95%
3 Year-76.65%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.01
RSI(14)59.39
LBB3.06
UBB3.45
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
3.433.160.27 (7.87%)12.70%
An entry @3.43. This is a Buy Stop order right above the resistance zone.An exit @3.16. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.27 points, which is 7.87%.For a 1.00% total portfolio risk, you can invest 12.70% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of NUVB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NUVB Daily chart

NUVATION BIO INC

NYSE:NUVB (5/17/2024, 7:16:56 PM)

After market: 3.32 0 (0%)

3.32

-0.09 (-2.64%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.64%
1 Week2.15%
2 Weeks3.11%
1 Month27.69%
3 Month91.91%
6 Month140.58%
12 Month103.68%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%5.61%
ATR Inc
Range Today0.19
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.55
10 Day Low3.08
20 Day High3.55
20 Day Low2.51
52 Week High4.16
52 Week Low0.95
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume819.00K
Volume Incr26.39%
Vol(5)1.45M
Vol(50)1.68M