Taking everything into account, NVCT scores 8 out of 10 in our technical rating. Both in the recent history as in the last year, NVCT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- When comparing the yearly performance of all stocks, we notice that NVCT is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
- NVCT is an average performer in the Biotechnology industry, it outperforms 68% of 525 stocks in the same industry.
- 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 7.60 - 9.44 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NVCT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 8.10, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
5.94
2 important support areas can be observed.
- A support zone ranging from 8.10 to 8.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.00 from a horizontal line in the weekly time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 8.48 to 8.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.86 from a horizontal line in the daily time frame.
- Resistance @9.02 from a horizontal line in the daily time frame.
- Resistance @9.96 from a trend line in the weekly time frame.
- Resistance @10.81 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 | UP | POSITIVE | The long term trend for NVCT is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVCT is neutral. |
| ChartMill Relative Strength | 82.1 | POSITIVE | NVCT has a high relative strength, it outperformed 82.1% off all stocks 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) | UP | POSITIVE | The current price of NVCT is above the rising 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) | 48.82 | NEUTRAL | The RSI value for NVCT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NVCT has a negative trend. |
| Stochastics (14,3) | 34.66 | NEUTRAL | The Stochastics value for NVCT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.42 | HIGH VOLATILITY | The high ATR as a percentage value for NVCT suggests high volalility. |
| Average Directional Index/ADX (14) | 34.62 | POSITIVE | The high ADX value value for NVCT suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.66 | 8.09 | 0.57 (6.58%) | 15.19% |
| An entry @8.66. This is a Buy Stop order right above the resistance zone. | An exit @8.09. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.57 points, which is 6.58%. | For a 1.00% total portfolio risk, you can invest 15.19% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NVCT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
8.11
-0.41 (-4.81%)
NUVECTIS PHARMA INC / NVCT FAQ
What is the ChartMill technical rating of NUVECTIS PHARMA INC (NVCT) stock?
ChartMill assigns a technical rating of 8 / 10 to NVCT.
What is the trend direction for NVCT stock?
The current trend direction for NUVECTIS PHARMA INC (NVCT) is Bullish.
What is the RSI signal for NUVECTIS PHARMA INC (NVCT) stock?
NUVECTIS PHARMA INC (NVCT) has an RSI value of 48.8178. 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 -0.0833193, indicating a bearish trend.
What is the short term momentum for NVCT stock?
The short term momentum for NUVECTIS PHARMA INC (NVCT) is neutral.