NVE CORP (NVEC)

US6294452064 - Common Stock

80.39  +1.02 (+1.29%)

After market: 80.39 0 (0%)

Technical Rating and Analysis

2

Taking everything into account, NVEC scores 2 out of 10 in our technical rating. In the last year, NVEC was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

NVEC is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Warning: NVEC has an average volume of 17180 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, NVEC outperforms 59% of them, which is more or less in line with the market.
NVEC is an average performer in the Semiconductors & Semiconductor Equipment industry, it outperforms 52% of 107 stocks in the same industry.
NVEC 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 NVEC is lagging the market slightly.
Weekly and Daily overview Charts
NVEC Weekly chart
NVEC Daily chart
Setup Rating and Analysis

5

NVEC has a poor technical rating and the quality of the setup is also not perfect 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.

Support and Resistance Analysis

70.07

91.08

We found 3 important support areas.

  • A support zone ranging from 76.88 to 78.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @74.61 from a trend line in the daily time frame.
  • Support @70.78 from a trend line in the weekly time frame.

2 important resistance areas can be observed.

  • A resistance zone ranging from 81.98 to 83.38. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 88.55 to 90.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS59.29
Mansfield-1.12
10 Day High86.09
10 Day Low76.31
20 Day High89.51
20 Day Low76.31
52 Week High100.19
52 Week Low64.14
Performance
1 Week3.06%
2 Weeks-3.35%
1 Month-10.86%
3 Month4.57%
6 Month17%
12 Month6.6%
2 Year73.33%
3 Year5.04%
5 Year-16.09%
10 Year53.09%
15 Year111.33%
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)
Technical Indicators
MACD(12,26,9)-0.43
RSI(14)43.54
LBB77.14
UBB85.65
NVEC Daily chart

NVE CORP

NASDAQ:NVEC (4/26/2024, 3:30:02 PM)

After market: 80.39 0 (0%)

80.39

+1.02 (+1.29%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.29%
1 Week3.06%
2 Weeks-3.35%
1 Month-10.86%
3 Month4.57%
6 Month17%
12 Month6.6%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.55
ATR(20)%3.19%
ATR Inc
Range Today2.01
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High86.09
10 Day Low76.31
20 Day High89.51
20 Day Low76.31
52 Week High100.19
52 Week Low64.14
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.82K
Volume Incr-21.76%
Vol(5)11.38K
Vol(50)17.18K