Overall NVEI gets a technical rating of 10 out of 10. 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.
- Both the short term and long term trends are positive. This is a very positive sign.
- When comparing the yearly performance of all stocks, we notice that NVEI is one of the better performing stocks in the market, outperforming 87% of all stocks. We also observe that the gains produced by NVEI over the past year are nicely spread over this period.
- NVEI is one of the better performing stocks in the Financial Services industry, it outperforms 95% of 97 stocks in the same industry.
- NVEI is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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
We found 2 important support 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.
When analyzing the resistance we notice one important 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.
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.