Nuvei Corporation (NVEI) Technical Analysis
NASDAQ:NVEI • CA67079A1021
Current stock price
NVEI Technical Rating and Analysis
Overall NVEI gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVEI is showing a nice and steady performance.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NVEI did better than 87% of all other stocks. On top of that, NVEI also shows a nice and consistent pattern of rising prices.
- NVEI is one of the better performing stocks in the Financial Services industry, it outperforms 93% of 100 stocks in the same industry.
- 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.
NVEI Weekly and Daily overview Charts
NVEI Setup Rating and Analysis
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
NVEI Support and Resistance Analysis
31.62
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.
NVEI 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 | 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. |
NVEI Chart- and CandleStick Pattern Analysis
NVEI Technicals: Chart, Performance Metrics, Trend & Indicators
33.99
+0.01 (+0.03%)
Nuvei Corporation / NVEI TA FAQ
Can you provide the ChartMill technical rating for Nuvei Corporation?
ChartMill assigns a technical rating of 10 / 10 to NVEI.
Can you provide the trend direction for Nuvei Corporation?
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 MACD signal for NVEI stock?
The MACD indicator for Nuvei Corporation (NVEI) has a value of 0.0424917, indicating a bearish trend.
What is the buy/sell signal for NVEI stock?
The buy/sell signal for Nuvei Corporation (NVEI) is buy as both the short term and long term trends are positive.