NUVALENT INC-A (NUVL)

US6707031075 - Common Stock

72.64  +0.96 (+1.34%)

After market: 74.52 +1.88 (+2.59%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to NUVL. Although NUVL 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.

Looking at the yearly performance, NUVL did better than 90% of all other stocks. On top of that, NUVL also shows a nice and consistent pattern of rising prices.
NUVL is part of the Biotechnology industry. There are 587 other stocks in this industry. NUVL outperforms 82% of them.
In the last month NUVL has a been trading in the 61.80 - 74.79 range, which is quite wide. It is currently trading near the high of this range.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
NUVL is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NUVL is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
NUVL Weekly chart
NUVL Daily chart
Setup Rating and Analysis

2

NUVL has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

62.13

73.38

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 65.53 to 65.64. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 62.76 to 62.76. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 72.65 to 72.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
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
CRS90.17
Mansfield0.62
10 Day High74.79
10 Day Low64.18
20 Day High74.79
20 Day Low61.8
52 Week High89.39
52 Week Low38.14
Performance
1 Week7.58%
2 Weeks0.21%
1 Month15.19%
3 Month-15.74%
6 Month21.59%
12 Month86.11%
2 Year719.87%
3 YearN/A
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)0.73
RSI(14)58.58
LBB64.79
UBB73.38
NUVL Daily chart

NUVALENT INC-A

NASDAQ:NUVL (5/16/2024, 7:07:56 PM)

After market: 74.52 +1.88 (+2.59%)

72.64

+0.96 (+1.34%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.34%
1 Week7.58%
2 Weeks0.21%
1 Month15.19%
3 Month-15.74%
6 Month21.59%
12 Month86.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.8
ATR(20)%3.78%
ATR Inc
Range Today3
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 High74.79
10 Day Low64.18
20 Day High74.79
20 Day Low61.8
52 Week High89.39
52 Week Low38.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume355.00K
Volume Incr-19.62%
Vol(5)389.74K
Vol(50)513.52K