We assign a technical rating of 9 out of 10 to NUVL. Both in the recent history as in the last year, NUVL has proven to be a steady performer, scoring decent points in every aspect analyzed.
Besides having an excellent technical rating, NUVL also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 109.60. Right above this resistance zone may be a good entry point.
More info and screens
67.21
When analyzing the support we can see 6 important areas.
- A support zone ranging from 104.96 to 105.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @101.78 from a trend line in the daily time frame.
- Support @85.46 from a trend line in the daily time frame.
- Support @82.48 from a trend line in the weekly time frame.
- Support @71.43 from a horizontal line in the daily time frame.
- Support @67.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 109.60 to 109.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for NUVL is up. |
| ChartMill Relative Strength | 87.4 | POSITIVE | NUVL has a high relative strength, it outperformed 87.4% 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) | UP | POSITIVE | The current price of NUVL is above the rising 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) | 53.62 | NEUTRAL | The RSI value for NUVL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests NUVL has a negative trend. |
| Stochastics (14,3) | 53.98 | NEUTRAL | The Stochastics value for NUVL is a neutral value. |
| Average True Range in percent/ATR (20) | 4.78 | MEDIUM VOLATILITY | The ATR as a percentage value for NUVL suggests some volalility. |
| Average Directional Index/ADX (14) | 33.24 | POSITIVE | The high ADX value value for NUVL suggests a strong trend. |
105.09
-2.78 (-2.58%)
NUVALENT INC-A / NUVL FAQ
What is the ChartMill technical rating of NUVALENT INC-A (NUVL) stock?
ChartMill assigns a technical rating of 9 / 10 to NUVL.
What is the current trend direction of NUVALENT INC-A (NUVL) stock?
The current trend direction for NUVALENT INC-A (NUVL) is Bullish.
What is the RSI signal for NUVL stock?
NUVALENT INC-A (NUVL) has an RSI value of 53.616. This indicates that the stock is currently neutral.
What is the MACD signal for NUVALENT INC-A (NUVL) stock?
The MACD indicator for NUVALENT INC-A (NUVL) has a value of -0.579508, indicating a bearish trend.
Can you provide the short term momentum for NUVALENT INC-A?
The short term momentum for NUVALENT INC-A (NUVL) is positive.