NUVECTIS PHARMA INC (NVCT) Technical Analysis
NASDAQ:NVCT • US67080T1088
Current stock price
NVCT Technical Rating and Analysis
Overall NVCT gets a technical rating of 1 out of 10. In the last year, NVCT was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, NVCT is a bad performer in the overall market: 77% of all stocks are doing better.
- In the last month NVCT has a been trading in the 7.80 - 9.88 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.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- NVCT is part of the Biotechnology industry. There are 519 other stocks in this industry, NVCT did better than 42% of them.
- NVCT is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NVCT is lagging the market slightly.
NVCT Weekly and Daily overview Charts
NVCT Setup Rating and Analysis
The technical rating of NVCT 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
NVCT Support and Resistance Analysis
7.86
We found 1 important support area.
- A support zone ranging from 7.94 to 7.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @9.04 from a horizontal line in the weekly time frame.
NVCT 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 | NEUTRAL | NEUTRAL | The long term trend for NVCT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVCT is down. |
| ChartMill Relative Strength | 23.05 | NEGATIVE | NVCT has a low relative strength, it was outperformed by 76.95% 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) | DOWN | MIXED | The current price of NVCT is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 36.63 | NEUTRAL | The RSI value for NVCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NVCT has a negative trend. |
| Stochastics (14,3) | 16.67 | OVERSOLD | The low Stochastics value suggests NVCT may be oversold. |
| Average True Range in percent/ATR (20) | 5.59 | HIGH VOLATILITY | The high ATR as a percentage value for NVCT suggests high volalility. |
| Average Directional Index/ADX (14) | 21.25 | NEUTRAL | The ADX value for NVCT suggests a possible start of a new trend. |
NVCT Chart- and CandleStick Pattern Analysis
NVCT Technicals: Chart, Performance Metrics, Trend & Indicators
7.95
-0.31 (-3.75%)
NUVECTIS PHARMA INC / NVCT TA FAQ
What is the ChartMill technical rating of NUVECTIS PHARMA INC (NVCT) stock?
ChartMill assigns a technical rating of 1 / 10 to NVCT.
What is the trend direction for NVCT stock?
The current trend direction for NUVECTIS PHARMA INC (NVCT) is Bearish.
What is the RSI signal for NUVECTIS PHARMA INC (NVCT) stock?
NUVECTIS PHARMA INC (NVCT) has an RSI value of 36.6317. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NUVECTIS PHARMA INC?
The MACD indicator for NUVECTIS PHARMA INC (NVCT) has a value of -0.139638, indicating a bearish trend.
What is the short term momentum for NVCT stock?
The short term momentum for NUVECTIS PHARMA INC (NVCT) is negative.