NVCT Technical Analysis - NUVECTIS PHARMA INC

Technical Rating and Analysis

Taking everything into account, NVCT scores 0 out of 10 in our technical rating. NVCT'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.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.

85% of all other stocks performed better in the past year than NVCT.

NVCT 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.

In the last month NVCT has a been trading in the 6.00 - 6.88 range, which is quite wide. It is currently trading near the lows of this range.

NVCT is an average performer in the Biotechnology industry, it outperforms 43% of 538 stocks in the same industry.

More info and screens

Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

Show peers with best TA rating

Weekly and Daily overview Charts

NUVECTIS PHARMA INC / NVCT Weekly stock chart

NUVECTIS PHARMA INC / NVCT Daily stock chart

Setup Rating and Analysis

NVCT has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.

More info and screens

ChartMill Technical Ratings

Pocket Pivots

Bull Flags

Show peers with best setup rating

Support and Resistance Analysis

5.93

11.11

We found 1 important support area.

A support zone ranging from 5.99 to 5.99. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 4 important resistance areas.

A resistance zone ranging from 6.40 to 6.43. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A resistance zone ranging from 6.80 to 6.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
Resistance @10.20 from a trend line in the weekly time frame.
Resistance @11.00 from a horizontal line in the weekly time frame.

More info

What is Support and Resistance

Support and Resistance indicators

Support and Resistance Screener and Trading Strategies

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 NVCT is down.
ChartMill Short Term Trend Indicator	DOWN	NEGATIVE	The short term trend for NVCT is down.
ChartMill Relative Strength	15.36	NEGATIVE	NVCT has a low relative strength, it was outperformed by 84.64% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NVCT is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	NEGATIVE	The current price of NVCT is below a declining SMA(50).
Simple Moving Average/SMA (200)	UP	MIXED	The current price of NVCT is below the rising SMA(200).
Relative Strength Index/RSI (14)	40.61	NEUTRAL	The RSI value for NVCT is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.01	POSITIVE	The MACD value suggests NVCT has a positive trend, although the MACD value is declining.
Stochastics (14,3)	18.26	OVERSOLD	The low Stochastics value suggests NVCT may be oversold.
Average True Range in percent/ATR (20)	5	MEDIUM VOLATILITY	The ATR as a percentage value for NVCT suggests some volalility.
Average Directional Index/ADX (14)	12.63	NEGATIVE	The low ADX value for NVCT suggests a weak or negative trend.