NUVECTIS PHARMA INC (NVCT) Stock Technical Analysis
NASDAQ:NVCT - US67080T1088 - Common Stock
6.87 USD
+0.53 (+8.36%)
6.64 USD
-0.23 (-3.35%)
Overall NVCT gets a technical rating of 0 out of 10. 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.
89% of all other stocks performed better in the past year than NVCT.
NVCT is one of the lesser performing stocks in the Biotechnology industry. 60% of 549 stocks in the same industry do better.
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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NVCT has a been trading in the 5.85 - 7.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NVCT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 6.14, a Stop Loss order could be placed below this zone. 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
5.93
11.11
2 important support areas can be observed.
- A support zone ranging from 6.09 to 6.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- 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.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 6.88 to 6.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 7.38 to 7.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @10.26 from a trend line in the weekly 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 | 11.51 | NEGATIVE | NVCT has a low relative strength, it was outperformed by 88.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NVCT is above 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) | 49.33 | NEUTRAL | The RSI value for NVCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NVCT has a positive trend. |
| Stochastics (14,3) | 48.08 | NEUTRAL | The Stochastics value for NVCT is a neutral value. |
| Average True Range in percent/ATR (20) | 7.19 | HIGH VOLATILITY | The high ATR as a percentage value for NVCT suggests high volalility. |
| Average Directional Index/ADX (14) | 24.47 | NEUTRAL | The ADX value for NVCT suggests a possible start of a new 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)
6.87
+0.53 (+8.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg8.36%
1 Week6.84%
2 Weeks14.5%
1 Month-11.7%
3 Month-30.11%
6 Month-9.49%
12 Month-3.24%
2 Year-51.99%
3 Year-15.19%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%7.19%
ATR Inc-15.75%
Range Today0.58
ADR(20)0.47
ADR(20)%6.88%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.51
Mansfield-1.52
10 Day High6.99
10 Day Low5.97
20 Day High7.95
20 Day Low5.85
52 Week High11.8
52 Week Low4.44
CS1 End6.14
CR1 Start6.88
Volume & EV
DER(3)6.76%
DER(5)2.6%
Volume70.70K
Volume Incr-68.64%
Vol(5)73.44K
Vol(50)183.95K