NOVA MINERALS LTD-ADR (NVA) Stock Technical Analysis
USA - NASDAQ:NVA - ADR
57.99 USD
-4.99 (-7.92%)
59.58 USD
+1.59 (+2.74%)
Taking everything into account, NVA scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NVA has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
NVA is part of the Metals & Mining industry. There are 156 other stocks in this industry. NVA outperforms 98% of them.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, NVA did better than 99% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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.
In the last month NVA has a been trading in the 13.10 - 81.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NVA has an excellent technical rating, it does not present a decent entry opportunity 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
57.41
58.57
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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVA is up. |
| ChartMill Relative Strength | 99.56 | POSITIVE | NVA has a high relative strength, it outperformed 99.56% 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) | UP | POSITIVE | The current price of NVA is above the rising 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) | 70.15 | OVERBOUGHT | The high RSI value suggests NVA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 4.31 | POSITIVE | The MACD value suggests NVA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 65.32 | NEUTRAL | The Stochastics value for NVA is a neutral value. |
| Average True Range in percent/ATR (20) | 12.28 | HIGH VOLATILITY | The high ATR as a percentage value for NVA suggests high volalility. |
| Average Directional Index/ADX (14) | 68.73 | POSITIVE | The high ADX value value for NVA 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)
57.99
-4.99 (-7.92%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-7.92%
1 Week115.5%
2 Weeks165.16%
1 Month322.67%
3 Month516.92%
6 Month349.71%
12 Month690.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)9.59
ATR(20)%12.28%
ATR Inc105.89%
Range Today7.8
ADR(20)5.65
ADR(20)%9.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
Mansfield30.23
10 Day High81.4
10 Day Low21.65
20 Day High81.4
20 Day Low13.1
52 Week High81.4
52 Week Low7
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)1.08%
DER(5)1.77%
Volume755.84K
Volume Incr2018.81%
Vol(5)3.11M
Vol(50)401.14K