We assign a technical rating of 10 out of 10 to NVEI. Both in the recent history as in the last year, NVEI has proven to be a steady performer, scoring decent points in every aspect analyzed.
NVEI has an excellent technical rating, but the quality of the setup is 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.
More info and screens
31.62
When analyzing the support we can see 2 important areas.
- A support zone ranging from 32.90 to 33.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 31.94 to 32.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 34.00 to 34.00. This zone is formed by a combination of multiple trend lines 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 NVEI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVEI is up. |
| ChartMill Relative Strength | 87.82 | POSITIVE | NVEI has a high relative strength, it outperformed 87.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVEI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVEI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVEI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.51 | OVERBOUGHT | The high RSI value suggests NVEI may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NVEI has a positive trend. |
| Stochastics (14,3) | 98.98 | OVERBOUGHT | The high Stochastics value suggests NVEI may be overbought. |
| Average True Range in percent/ATR (20) | 0.39 | LOW VOLATILITY | The low ATR as a percentage value for NVEI suggests low volalility. |
| Average Directional Index/ADX (14) | 18.02 | NEGATIVE | The low ADX value for NVEI suggests a weak or negative trend. |
33.99
+0.01 (+0.03%)
Nuvei Corporation / NVEI FAQ
Can you provide the ChartMill technical rating for Nuvei Corporation?
ChartMill assigns a technical rating of 10 / 10 to NVEI.
What is the trend direction for NVEI stock?
The current trend direction for Nuvei Corporation (NVEI) is Bullish.
What is the RSI signal for NVEI stock?
Nuvei Corporation (NVEI) has an RSI value of 72.5092. This indicates that the stock is currently overbought.
What is the buy/sell signal for Nuvei Corporation (NVEI) stock?
The buy/sell signal for Nuvei Corporation (NVEI) is buy as both the short term and long term trends are positive.
Can you provide the support and resistance levels for Nuvei Corporation?
Nuvei Corporation (NVEI) has a support level at 33.9 and a resistance level at 34. Check the full technical report for our detailed analysis of NVEI support and resistance levels.