Overall NVCR gets a technical rating of 0 out of 10. NVCR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NVCR has a poor technical rating and the quality of the setup is also 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
10.78
We found 1 important support area.
- A support zone ranging from 10.89 to 10.97. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 12.82 to 12.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @14.93 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 | DOWN | NEGATIVE | The long term trend for NVCR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVCR is neutral. |
| ChartMill Relative Strength | 10.02 | NEGATIVE | NVCR has a low relative strength, it was outperformed by 89.98% 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) | 42.82 | NEUTRAL | The RSI value for NVCR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests NVCR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.32 | NEUTRAL | The Stochastics value for NVCR is a neutral value. |
| Average True Range in percent/ATR (20) | 4.73 | MEDIUM VOLATILITY | The ATR as a percentage value for NVCR suggests some volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for NVCR suggests a weak or negative trend. |
11.68
-1.13 (-8.82%)
NOVOCURE LTD / NVCR FAQ
What is the technical rating for NVCR stock?
ChartMill assigns a technical rating of 0 / 10 to NVCR.
What is the trend direction for NVCR stock?
The current trend direction for NOVOCURE LTD (NVCR) is Bearish.
Can you provide the RSI signal for NOVOCURE LTD?
NOVOCURE LTD (NVCR) has an RSI value of 42.8216. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NOVOCURE LTD?
NOVOCURE LTD (NVCR) has a support level at 10.97 and a resistance level at 12.82. Check the full technical report for our detailed analysis of NVCR support and resistance levels.