NASDAQ:NVCR • JE00BYSS4X48
We assign a technical rating of 4 out of 10 to NVCR. NVCR has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
NVCR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
14.84
When analyzing the resistance we notice one important area.
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 NVCR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVCR is neutral. |
| ChartMill Relative Strength | 29.67 | NEGATIVE | NVCR has a low relative strength, it was outperformed by 70.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVCR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVCR is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NVCR is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 67.52 | NEUTRAL | The RSI value for NVCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.34 | POSITIVE | The MACD value suggests NVCR has a positive trend. |
| Stochastics (14,3) | 50.49 | NEUTRAL | The Stochastics value for NVCR is a neutral value. |
| Average True Range in percent/ATR (20) | 6.99 | HIGH VOLATILITY | The high ATR as a percentage value for NVCR suggests high volalility. |
| Average Directional Index/ADX (14) | 24 | NEUTRAL | The ADX value for NVCR suggests a possible start of a new trend. |
14.99
+3.25 (+27.68%)
ChartMill assigns a technical rating of 4 / 10 to NVCR.
The current trend direction for NOVOCURE LTD (NVCR) is Bearish.
NOVOCURE LTD (NVCR) has an RSI value of 67.522. This indicates that the stock is currently neutral.
NOVOCURE LTD (NVCR) has a resistance level at 15. Check the full technical report for our detailed analysis of NVCR support and resistance levels.