NV5 GLOBAL INC (NVEE) Stock Technical Analysis
USA - NASDAQ:NVEE - US62945V1098 - Common Stock
Overall NVEE gets a technical rating of 4 out of 10. In the last year, NVEE was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, NVEE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 22.55, a Stop Loss order could be placed below this zone.
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21.81
When analyzing the support we notice one important area.
- A support zone ranging from 22.03 to 22.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 22.56 to 23.52. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NVEE is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVEE is down. |
| ChartMill Relative Strength | 53.67 | NEUTRAL | NVEE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVEE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVEE is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NVEE is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.59 | NEUTRAL | The RSI value for NVEE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NVEE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 46.45 | NEUTRAL | The Stochastics value for NVEE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.8 | LOW VOLATILITY | The low ATR as a percentage value for NVEE suggests low volalility. |
| Average Directional Index/ADX (14) | 24.62 | NEUTRAL | The ADX value for NVEE suggests a possible start of a new trend. |
22.56
+0.11 (+0.49%)
NV5 GLOBAL INC / NVEE FAQ
Can you provide the ChartMill technical rating for NV5 GLOBAL INC?
ChartMill assigns a technical rating of 4 / 10 to NVEE.
What is the current trend direction of NV5 GLOBAL INC (NVEE) stock?
The current trend direction for NV5 GLOBAL INC (NVEE) is Bullish.
What is the RSI signal for NV5 GLOBAL INC (NVEE) stock?
NV5 GLOBAL INC (NVEE) has an RSI value of 46.5905. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NV5 GLOBAL INC?
The MACD indicator for NV5 GLOBAL INC (NVEE) has a value of -0.117907, indicating a bearish trend.
What is the buy/sell signal for NV5 GLOBAL INC (NVEE) stock?
The buy/sell signal for NV5 GLOBAL INC (NVEE) is hold as the short term and long term trends are mixed.