NOVA MINERALS LTD-ADR (NVA) Technical Analysis
NASDAQ:NVA
Current stock price
NVA Technical Rating and Analysis
We assign a technical rating of 4 out of 10 to NVA. Although NVA 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.
- The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- Looking at the yearly performance, NVA did better than 93% of all other stocks.
- NVA is one of the better performing stocks in the Metals & Mining industry, it outperforms 77% of 160 stocks in the same industry.
- In the last month NVA has a been trading in the 4.94 - 6.78 range, which is quite wide. It is currently trading near the high of this range.
- NVA is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVA 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.
NVA Weekly and Daily overview Charts
NVA Setup Rating and Analysis
NVA has an average technical rating and the quality of the presented setup is also not ideal 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.
More info and screens
NVA Support and Resistance Analysis
5.27
We found 3 important support areas.
- A support zone ranging from 6.25 to 6.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 5.70 to 5.84. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 5.32 to 5.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- Resistance @8.02 from a trend line in the daily time frame.
- Resistance @10.35 from a trend line in the weekly time frame.
- Resistance @11.13 from a horizontal line in the daily time frame.
NVA Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The long term trend for NVA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVA is neutral. |
| ChartMill Relative Strength | 93.83 | POSITIVE | NVA has a high relative strength, it outperformed 93.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.64 | NEUTRAL | The RSI value for NVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NVA has a positive trend. |
| Stochastics (14,3) | 80.11 | OVERBOUGHT | The high Stochastics value suggests NVA may be overbought. |
| Average True Range in percent/ATR (20) | 7.43 | HIGH VOLATILITY | The high ATR as a percentage value for NVA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.6 | NEGATIVE | The low ADX value for NVA suggests a weak or negative trend. |
NVA Chart- and CandleStick Pattern Analysis
NVA Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NVA (4/14/2026, 9:31:01 AM)
6.49
+0.23 (+3.67%)
NOVA MINERALS LTD-ADR / NVA TA FAQ
What is the ChartMill technical rating of NOVA MINERALS LTD-ADR (NVA) stock?
ChartMill assigns a technical rating of 4 / 10 to NVA.
What is the current trend direction of NOVA MINERALS LTD-ADR (NVA) stock?
The current trend direction for NOVA MINERALS LTD-ADR (NVA) is Bearish.
Can you provide the RSI signal for NOVA MINERALS LTD-ADR?
NOVA MINERALS LTD-ADR (NVA) has an RSI value of 50.6359. This indicates that the stock is currently neutral.
What is the short term momentum for NOVA MINERALS LTD-ADR (NVA) stock?
The short term momentum for NOVA MINERALS LTD-ADR (NVA) is neutral.
What are the support and resistance levels for NOVA MINERALS LTD-ADR (NVA) stock?
NOVA MINERALS LTD-ADR (NVA) has a support level at 5.84 and a resistance level at 6.27. Check the full technical report for our detailed analysis of NVA support and resistance levels.