Taking everything into account, NVCT scores 7 out of 10 in our technical rating. Although NVCT has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Although NVCT has an excellent technical rating, it does not offer a high 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
5.94
We found 1 important support area.
- Support @6.00 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 7.60 to 7.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @10.05 from a trend line in the weekly time frame.
- Resistance @11.00 from a horizontal line in the weekly 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 | NEUTRAL | NEUTRAL | The long term trend for NVCT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVCT is up. |
| ChartMill Relative Strength | 91.76 | POSITIVE | NVCT has a high relative strength, it outperformed 91.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVCT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVCT is above the rising 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) | 72.94 | OVERBOUGHT | The high RSI value suggests NVCT may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NVCT has a positive trend. |
| Stochastics (14,3) | 95.18 | OVERBOUGHT | The high Stochastics value suggests NVCT may be overbought. |
| Average True Range in percent/ATR (20) | 4.92 | MEDIUM VOLATILITY | The ATR as a percentage value for NVCT suggests some volalility. |
| Average Directional Index/ADX (14) | 22.45 | NEUTRAL | The ADX value for NVCT suggests a possible start of a new trend. |
7.59
+0.01 (+0.13%)
NUVECTIS PHARMA INC / NVCT FAQ
What is the ChartMill technical rating of NUVECTIS PHARMA INC (NVCT) stock?
ChartMill assigns a technical rating of 7 / 10 to NVCT.
What is the current trend direction of NUVECTIS PHARMA INC (NVCT) stock?
The current trend direction for NUVECTIS PHARMA INC (NVCT) is Bearish.
Can you provide the RSI signal for NUVECTIS PHARMA INC?
NUVECTIS PHARMA INC (NVCT) has an RSI value of 72.9393. This indicates that the stock is currently overbought.
What is the support and resistance level for NVCT stock?
NUVECTIS PHARMA INC (NVCT) has a support level at 6 and a resistance level at 7.6. Check the full technical report for our detailed analysis of NVCT support and resistance levels.