NOVOCURE LTD (NVCR) Technical Analysis
NASDAQ:NVCR • JE00BYSS4X48
Current stock price
11.93 USD
-0.19 (-1.57%)
At close:
12.925 USD
+1 (+8.34%)
Pre-Market:
NVCR Technical Rating and Analysis
Overall NVCR gets a technical rating of 4 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NVCR was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, NVCR is a bad performer in the overall market: 85% of all stocks are doing better.
- NVCR is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- NVCR has an average volume of 1520750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- NVCR is part of the Health Care Equipment & Supplies industry. There are 187 other stocks in this industry, NVCR did better than 48% of them.
- In the last month NVCR has a been trading in the 10.13 - 13.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVCR Weekly and Daily overview Charts
NVCR Setup Rating and Analysis
NVCR has an average technical rating and also 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
NVCR Support and Resistance Analysis
10.24
14.81
When analyzing the support we can see 3 important areas.
- Support @10.76 from a trend line in the weekly time frame.
- Support @10.54 from a horizontal line in the weekly time frame.
- Support @10.34 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 12.77 to 12.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.03 to 13.09. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @13.68 from a horizontal line in the weekly time frame.
- Resistance @14.66 from a horizontal line in the daily time frame.
NVCR 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 NVCR is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVCR is neutral. |
| ChartMill Relative Strength | 15.02 | NEGATIVE | NVCR has a low relative strength, it was outperformed by 84.98% 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 | MIXED | The current price of NVCR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVCR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.64 | NEUTRAL | The RSI value for NVCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NVCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 64.14 | NEUTRAL | The Stochastics value for NVCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.97 | MEDIUM VOLATILITY | The ATR as a percentage value for NVCR suggests some volalility. |
| Average Directional Index/ADX (14) | 15.84 | NEGATIVE | The low ADX value for NVCR suggests a weak or negative trend. |
NVCR Chart- and CandleStick Pattern Analysis
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)
NVCR Technicals: Chart, Performance Metrics, Trend & Indicators
11.93
-0.19 (-1.57%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.57%
1 Week-8.37%
2 Weeks-1.97%
1 Month9.45%
3 Month-3.79%
6 Month-6.87%
12 Month-34.27%
2 Year-2.53%
3 Year-81.9%
5 Year-94.15%
10 Year-7.52%
15 YearN/A
Volatility
ATR(14)0.63
ATR(20)%4.97%
ATR Inc-16.83%
Range Today0.39
ADR(20)0.54
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.02
3 months CRS33.36
6 months CRS30.11
Mansfield-1.92
10 Day High13.17
10 Day Low11.61
20 Day High13.17
20 Day Low10.14
52 Week High20.06
52 Week Low9.82
CS1 End10.76
CR1 Start12.77
Volume & EV
DER(3)0.45%
DER(5)1.82%
Volume1.13M
Volume Incr-9.2%
Vol(5)1.04M
Vol(50)1.52M
NOVOCURE LTD / NVCR TA FAQ
What is the technical rating for NVCR stock?
ChartMill assigns a technical rating of 4 / 10 to NVCR.
What is the current trend direction of NOVOCURE LTD (NVCR) stock?
The current trend direction for NOVOCURE LTD (NVCR) is Bearish.
What is the RSI signal for NVCR stock?
NOVOCURE LTD (NVCR) has an RSI value of 49.6373. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NOVOCURE LTD?
The short term momentum for NOVOCURE LTD (NVCR) is neutral.