NOVA MINERALS LTD -29 (NVAWW) Technical Analysis
NASDAQ:NVAWW
Current stock price
NVAWW Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to NVAWW. Although NVAWW 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.
- In the last month NVAWW has a been trading in the 24.03 - 39.72 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NVAWW has an average volume of 2146 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- When comparing the yearly performance of all stocks, we notice that NVAWW is one of the better performing stocks in the market, outperforming 98% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- NVAWW is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVAWW is lagging the market.
NVAWW Weekly and Daily overview Charts
NVAWW Setup Rating and Analysis
The technical rating of NVAWW is bad and it also does not present a quality setup 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
NVAWW Support and Resistance Analysis
23.79
When analyzing the support we can see 3 important areas.
- Support @26.05 from a horizontal line in the weekly time frame.
- Support @25.12 from a trend line in the daily time frame.
- A support zone ranging from 24.03 to 24.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
NVAWW 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 | NEUTRAL | NEUTRAL | The long term trend for NVAWW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVAWW is neutral. |
| ChartMill Relative Strength | 98.7 | POSITIVE | NVAWW has a high relative strength, it outperformed 98.7% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVAWW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVAWW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVAWW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.23 | NEUTRAL | The RSI value for NVAWW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.36 | POSITIVE | The MACD value suggests NVAWW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 50.77 | NEUTRAL | The Stochastics value for NVAWW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.96 | HIGH VOLATILITY | The high ATR as a percentage value for NVAWW suggests high volalility. |
| Average Directional Index/ADX (14) | 11.27 | NEGATIVE | The low ADX value for NVAWW suggests a weak or negative trend. |
NVAWW Chart- and CandleStick Pattern Analysis
NVAWW Technicals: Chart, Performance Metrics, Trend & Indicators
NASDAQ:NVAWW (4/21/2026, 8:02:48 PM)
26.91
-6.6 (-19.7%)
NOVA MINERALS LTD -29 / NVAWW TA FAQ
What is the ChartMill technical rating of NOVA MINERALS LTD -29 (NVAWW) stock?
ChartMill assigns a technical rating of 3 / 10 to NVAWW.
What is the current trend direction of NOVA MINERALS LTD -29 (NVAWW) stock?
The current trend direction for NOVA MINERALS LTD -29 (NVAWW) is Bearish.
What is the RSI signal for NVAWW stock?
NOVA MINERALS LTD -29 (NVAWW) has an RSI value of 43.2315. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVA MINERALS LTD -29?
The short term momentum for NOVA MINERALS LTD -29 (NVAWW) is neutral.