8.11 USD
+0.01 (+0.12%)
8.2 USD
+0.09 (+1.11%)
Overall NVA gets a technical rating of 7 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
In the last month NVA has a been trading in the 7.49 - 12.13 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NVA is part of the Metals & Mining industry. There are 155 other stocks in this industry. NVA outperforms 98% of them.
NVA has an average volume of 1370320 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NVA is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big 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.
NVA has an excellent technical rating, but the quality of the setup is only medium 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
7.68
10.15
We found 1 important support area.
- A support zone ranging from 7.76 to 7.96. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @10.05 from a trend line in the daily time frame.
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 | NEUTRAL | NEUTRAL | The short term trend for NVA is neutral. |
| ChartMill Relative Strength | 99.3 | POSITIVE | NVA has a high relative strength, it outperformed 99.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVA is below a declining 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) | 47.94 | NEUTRAL | The RSI value for NVA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NVA has a negative trend. |
| Stochastics (14,3) | 25.47 | NEUTRAL | The Stochastics value for NVA is a neutral value. |
| Average True Range in percent/ATR (20) | 16.04 | HIGH VOLATILITY | The high ATR as a percentage value for NVA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.15 | 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)
8.11
+0.01 (+0.12%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.12%
1 Week-6.78%
2 Weeks-1.46%
1 Month-17.83%
3 Month235.96%
6 Month207.35%
12 Month262.38%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.12
ATR(20)%16.04%
ATR Inc-26.8%
Range Today0.5
ADR(20)1.27
ADR(20)%15.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.3
3 months CRS99.67
6 months CRS98.61
Mansfield10.42
10 Day High11.35
10 Day Low7.9
20 Day High12.13
20 Day Low7.49
52 Week High16.28
52 Week Low1.68
CS1 End7.96
CR1 Start10.05
Volume & EV
DER(3)-5.13%
DER(5)1.53%
Volume910.10K
Volume Incr3.08%
Vol(5)1.53M
Vol(50)1.37M
NOVA MINERALS LTD-ADR / NVA FAQ
What is the ChartMill technical rating of NOVA MINERALS LTD-ADR (NVA) stock?
ChartMill assigns a technical rating of 7 / 10 to NVA.
What is the trend direction for NVA stock?
The current trend direction for NOVA MINERALS LTD-ADR (NVA) is Bullish.
Can you provide the RSI signal for NOVA MINERALS LTD-ADR?
NOVA MINERALS LTD-ADR (NVA) has an RSI value of 47.9443. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVA MINERALS LTD-ADR?
The short term momentum for NOVA MINERALS LTD-ADR (NVA) is neutral.