Nuvei Corporation (NVEI) Stock Technical Analysis
NASDAQ:NVEI - Nasdaq - CA67079A1021 - Common Stock - Currency: USD
Taking everything into account, NVEI scores 10 out of 10 in our technical rating. 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.
The long and short term trends are both positive. This is looking good!
Looking at the yearly performance, NVEI did better than 87% of all other stocks. We also observe that the gains produced by NVEI over the past year are nicely spread over this period.
NVEI is part of the Financial Services industry. There are 100 other stocks in this industry. NVEI outperforms 87% of them.
A new 52 week high is currently being made by NVEI, which is a very good signal! Especially since the S&P500 is only trading in the upper part of its 52 week range, so NVEI is leading the market.
In the last month NVEI has a been trading in a tight range between 33.34 and 34.00.
Volume is considerably higher in the last couple of days.
Although NVEI has an excellent technical rating, the quality of the presented setup is not ideal 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
34.34
2 important support areas can be observed.
- 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. |
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)
33.99
+0.01 (+0.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryFinancial Services
Performance
% Chg0.03%
1 Week1.31%
2 Weeks1.01%
1 Month1.31%
3 Month2.41%
6 Month5.36%
12 Month73.24%
2 Year10.32%
3 Year-65.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.16
ATR(20)%0.39%
ATR Inc-91.08%
Range Today0.02
ADR(20)0.11
ADR(20)%0.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS87.82
Mansfield0.26
10 Day High34
10 Day Low33.34
20 Day High34
20 Day Low33.34
52 Week High34
52 Week Low19.07
CS1 End33.9
CR1 Start34
Volume & EV
DER(3)-3.72%
DER(5)-3.02%
Volume3.08M
Volume Incr306.65%
Vol(5)2.39M
Vol(50)721.40K