Overall NUVL gets a technical rating of 5 out of 10. NUVL has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
Although the technical rating is only medium, NUVL does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 102.13, a Stop Loss order could be placed below this zone.
67.68
We found 5 important support areas.
3 important resistance areas can be observed.
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 NUVL is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NUVL is neutral. |
| ChartMill Relative Strength | 74.37 | POSITIVE | NUVL has a high relative strength, it outperformed 74.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NUVL is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NUVL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NUVL is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.15 | NEUTRAL | The RSI value for NUVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests NUVL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 24.1 | NEUTRAL | The Stochastics value for NUVL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.76 | MEDIUM VOLATILITY | The ATR as a percentage value for NUVL suggests some volalility. |
| Average Directional Index/ADX (14) | 11.06 | NEGATIVE | The low ADX value for NUVL suggests a weak or negative trend. |
103.59
+2.69 (+2.67%)
ChartMill assigns a technical rating of 5 / 10 to NUVL.
The current trend direction for NUVALENT INC-A (NUVL) is Bullish.
NUVALENT INC-A (NUVL) has an RSI value of 49.1489. This indicates that the stock is currently neutral.
The short term momentum for NUVALENT INC-A (NUVL) is neutral.
NUVALENT INC-A (NUVL) has a support level at 102.13 and a resistance level at 103.97. Check the full technical report for our detailed analysis of NUVL support and resistance levels.