NUVISTA ENERGY LTD (NVA.CA) Stock Technical Analysis
TSX:NVA - Toronto Stock Exchange - CA67072Q1046 - Common Stock - Currency: CAD
Overall NVA gets a technical rating of 7 out of 10. In the last year, NVA was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long and short term trends are both positive. This is looking good!
NVA is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. NVA outperforms 84% of them.
NVA is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NVA is performing more or less in line with the market.
NVA is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
When compared to the yearly performance of all other stocks, NVA outperforms 68% of them, which is more or less in line with the market.
NVA has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 13.98. Right above this resistance zone may be a good entry point.
More info and screens
10.62
14.57
When analyzing the support we can see 5 important areas.
- Support @13.79 from a horizontal line in the daily time frame.
- A support zone ranging from 11.97 to 12.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.37 from a trend line in the weekly time frame.
- A support zone ranging from 11.03 to 11.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.73 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 13.98 to 14.43. This zone is formed by a combination of multiple trend lines and important moving averages 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 NVA.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVA.CA is up. |
| ChartMill Relative Strength | 68.27 | NEUTRAL | NVA.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVA.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVA.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVA.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 59.17 | NEUTRAL | The RSI value for NVA.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NVA.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.56 | NEUTRAL | The Stochastics value for NVA.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.8 | MEDIUM VOLATILITY | The ATR as a percentage value for NVA.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 31.86 | POSITIVE | The high ADX value value for NVA.CA suggests a strong trend. |
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)
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.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 13.99 | 13.78 | 0.21 (1.48%) | 25.00% |
| An entry @13.99. This is a Buy Stop order right above the 10 day moving average. | An exit @13.78. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.21 points, which is 1.48%. | For a 0.37% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NVA. 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.
TSX:NVA (5/30/2025, 7:00:00 PM)
13.8
-0.22 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.57%
1 Week-1.29%
2 Weeks1.02%
1 Month16.55%
3 Month16.46%
6 Month1.69%
12 Month1.02%
2 Year27.9%
3 Year6.56%
5 Year1715.79%
10 Year79.22%
15 Year25.23%
Volatility
ATR(14)0.39
ATR(20)%2.8%
ATR Inc-50.34%
Range Today0.24
ADR(20)0.35
ADR(20)%2.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS68.27
Mansfield0.49
10 Day High14.36
10 Day Low13.58
20 Day High14.36
20 Day Low11.52
52 Week High14.86
52 Week Low10.34
CS1 End13.79
CR1 Start13.98
Volume & EV
DER(3)-12.25%
DER(5)-7.44%
Volume465.43K
Volume Incr-16%
Vol(5)640.89K
Vol(50)895.51K