NVE CORP (NVEC) Technical Analysis
NASDAQ:NVEC • US6294452064
Current stock price
NVEC Technical Rating and Analysis
Taking everything into account, NVEC scores 2 out of 10 in our technical rating. NVEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- When comparing the yearly performance of all stocks, NVEC is a bad performer in the overall market: 64% of all stocks are doing better.
- NVEC is one of the lesser performing stocks in the Semiconductors & Semiconductor Equipment industry. 71% of 115 stocks in the same industry do better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- 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.
- In the last month NVEC has a been trading in the 64.53 - 72.56 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVEC Weekly and Daily overview Charts
NVEC Setup Rating and Analysis
NVEC has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 61.16, a Stop Loss order could be placed below this zone.
More info and screens
NVEC Support and Resistance Analysis
56.41
We found 2 important support areas.
- A support zone ranging from 60.79 to 61.16. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A support zone ranging from 56.98 to 57.41. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 66.78 to 68.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @71.38 from a horizontal line in the daily time frame.
- A resistance zone ranging from 74.68 to 75.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
NVEC 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 NVEC is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVEC is neutral. |
| ChartMill Relative Strength | 36.99 | NEUTRAL | NVEC is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVEC is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVEC is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVEC is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.26 | NEUTRAL | The RSI value for NVEC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests NVEC has a negative trend. |
| Stochastics (14,3) | 40.09 | NEUTRAL | The Stochastics value for NVEC is a neutral value. |
| Average True Range in percent/ATR (20) | 4.3 | MEDIUM VOLATILITY | The ATR as a percentage value for NVEC suggests some volalility. |
| Average Directional Index/ADX (14) | 13.08 | NEGATIVE | The low ADX value for NVEC suggests a weak or negative trend. |
NVEC Chart- and CandleStick Pattern Analysis
NVEC Technicals: Chart, Performance Metrics, Trend & Indicators
65.61
-3.46 (-5.01%)
NVE CORP / NVEC TA FAQ
What is the ChartMill technical rating of NVE CORP (NVEC) stock?
ChartMill assigns a technical rating of 2 / 10 to NVEC.
What is the current trend direction of NVE CORP (NVEC) stock?
The current trend direction for NVE CORP (NVEC) is Bearish.
Can you provide the RSI signal for NVE CORP?
NVE CORP (NVEC) has an RSI value of 43.2645. This indicates that the stock is currently neutral.
What is the short term momentum for NVEC stock?
The short term momentum for NVE CORP (NVEC) is neutral.
What is the support and resistance level for NVEC stock?
NVE CORP (NVEC) has a support level at 61.16 and a resistance level at 66.78. Check the full technical report for our detailed analysis of NVEC support and resistance levels.