NASDAQ:NVCT - Nasdaq - US67080T1088 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to NVCT. NVCT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
NVCT has a poor technical rating and the quality of the setup is also only medium 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.
8.16
When analyzing the support we notice one important area.
4 important resistance areas can be observed.
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 | UP | POSITIVE | The long term trend for NVCT is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVCT is down. |
ChartMill Relative Strength | 73.17 | POSITIVE | NVCT has a high relative strength, it outperformed 73.17% 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 | POSITIVE | The current price of NVCT is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 38.22 | NEUTRAL | The RSI value for NVCT is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NVCT has a negative trend. |
Stochastics (14,3) | 12.25 | OVERSOLD | The low Stochastics value suggests NVCT may be oversold. |
Average True Range in percent/ATR (20) | 6.89 | HIGH VOLATILITY | The high ATR as a percentage value for NVCT suggests high volalility. |
Average Directional Index/ADX (14) | 12.69 | NEGATIVE | The low ADX value for NVCT suggests a weak or negative trend. |
8.41
-0.42 (-4.76%)