NUVECTIS PHARMA INC (NVCT) Stock Technical Analysis
NASDAQ:NVCT - Nasdaq - US67080T1088 - Common Stock - Currency: USD
Overall NVCT gets a technical rating of 2 out of 10. NVCT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When compared to the yearly performance of all other stocks, NVCT outperforms 43% of them, which is more or less in line with the market.
NVCT is part of the Biotechnology industry. There are 553 other stocks in this industry, NVCT did better than 62% of them.
NVCT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVCT is lagging the market.
In the last month NVCT has a been trading in the 7.25 - 8.57 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, NVCT does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NVCT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
7.23
11.11
2 important support areas can be observed.
- Support @7.53 from a horizontal line in the weekly time frame.
- Support @7.30 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @7.62 from a trend line in the daily time frame.
- A resistance zone ranging from 7.84 to 7.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.29 from a horizontal line in the daily time frame.
- A resistance zone ranging from 10.98 to 11.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 43.43 | NEUTRAL | NVCT is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVCT is below the rising 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 | POSITIVE | The current price of NVCT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.99 | 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) | 21.77 | NEUTRAL | The Stochastics value for NVCT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for NVCT suggests high volalility. |
| Average Directional Index/ADX (14) | 15.97 | NEGATIVE | The low ADX value for NVCT suggests a weak or negative trend. |
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)
7.6
-0.18 (-2.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-2.31%
1 Week-4.76%
2 Weeks-7.54%
1 Month0.66%
3 Month-17.84%
6 Month12.43%
12 Month23.18%
2 Year-45.91%
3 Year-13.64%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.44
ATR(20)%5.52%
ATR Inc-0.08%
Range Today0.51
ADR(20)0.42
ADR(20)%5.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS43.43
Mansfield-0.6
10 Day High8.5
10 Day Low7.44
20 Day High8.57
20 Day Low7.25
52 Week High11.8
52 Week Low4.44
CS1 End7.53
CR1 Start7.62
Volume & EV
DER(3)3.6%
DER(5)-11.81%
Volume152.60K
Volume Incr156.35%
Vol(5)468.78K
Vol(50)173.83K