NOVOCURE LTD (NVCR) Technical Analysis
NASDAQ:NVCR • JE00BYSS4X48
Current stock price
10.55 USD
-0.29 (-2.68%)
At close:
10.51 USD
-0.04 (-0.38%)
After Hours:
NVCR Technical Rating and Analysis
Overall NVCR gets a technical rating of 0 out of 10. NVCR scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NVCR is a bad performer in the overall market: 89% of all stocks are doing better.
- NVCR is one of the lesser performing stocks in the Health Care Equipment & Supplies industry. 64% of 188 stocks in the same industry do better.
- NVCR is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NVCR is lagging the market.
- In the last month NVCR has a been trading in the 10.25 - 13.91 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.
- NVCR has an average volume of 2062990 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
NVCR Weekly and Daily overview Charts
NVCR Setup Rating and Analysis
The technical rating of NVCR 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
NVCR Support and Resistance Analysis
10.44
14.81
We can see 4 important resistance areas.
- A resistance zone ranging from 11.77 to 12.10. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @12.97 from a trend line in the weekly time frame.
- Resistance @14.42 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for NVCR is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVCR is down. |
| ChartMill Relative Strength | 11.02 | NEGATIVE | NVCR has a low relative strength, it was outperformed by 88.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVCR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVCR is below a declining 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) | 37.75 | NEUTRAL | The RSI value for NVCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NVCR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.86 | OVERSOLD | The low Stochastics value suggests NVCR may be oversold. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for NVCR suggests high volalility. |
| Average Directional Index/ADX (14) | 14.09 | 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
10.55
-0.29 (-2.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-2.68%
1 Week-10.29%
2 Weeks-13.17%
1 Month-25.86%
3 Month-19.59%
6 Month-28.04%
12 Month-36.02%
2 Year-13.81%
3 Year-83.99%
5 Year-94.83%
10 Year-18.22%
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%6.1%
ATR Inc-17.55%
Range Today0.57
ADR(20)0.59
ADR(20)%5.62%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.02
3 months CRS17.89
6 months CRS18.95
Mansfield-2.64
10 Day High12.3
10 Day Low10.25
20 Day High13.91
20 Day Low10.25
52 Week High20.06
52 Week Low9.82
CS1 EndN/A
CR1 Start11.77
Volume & EV
DER(3)1.61%
DER(5)-0.99%
Volume1.15M
Volume Incr-17.57%
Vol(5)1.18M
Vol(50)2.06M
NOVOCURE LTD / NVCR TA FAQ
What is the technical rating for NVCR stock?
ChartMill assigns a technical rating of 0 / 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 37.7495. 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 negative.
Can you provide the buy/sell signal for NOVOCURE LTD?
The buy/sell signal for NOVOCURE LTD (NVCR) is sell as both the short term and long term trends are negative.