NOVA LIFESTYLE INC (NVFY) Stock Technical Analysis
USA - NASDAQ:NVFY - US66979P3001 - Common Stock
Taking everything into account, NVFY scores 9 out of 10 in our technical rating. In the last year, NVFY was one of the better performers, but we do observe some doubts in the very recent evolution.
Although NVFY has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately.
More info and screens
5.32
We found 1 important support area.
- A support zone ranging from 5.37 to 5.37. 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 5.68 to 5.77. 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 NVFY is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVFY is neutral. |
| ChartMill Relative Strength | 99.37 | POSITIVE | NVFY has a high relative strength, it outperformed 99.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVFY is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVFY is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVFY is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.54 | NEUTRAL | The RSI value for NVFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.07 | NEGATIVE | The MACD value suggests NVFY has a negative trend. |
| Stochastics (14,3) | 31.34 | NEUTRAL | The Stochastics value for NVFY is a neutral value. |
| Average True Range in percent/ATR (20) | 4.79 | MEDIUM VOLATILITY | The ATR as a percentage value for NVFY suggests some volalility. |
| Average Directional Index/ADX (14) | 30.6 | POSITIVE | The high ADX value value for NVFY suggests a strong trend. |
5.38
-0.1 (-1.82%)
NOVA LIFESTYLE INC / NVFY FAQ
What is the technical rating for NVFY stock?
ChartMill assigns a technical rating of 9 / 10 to NVFY.
What is the current trend direction of NOVA LIFESTYLE INC (NVFY) stock?
The current trend direction for NOVA LIFESTYLE INC (NVFY) is Bullish.
Can you provide the RSI signal for NOVA LIFESTYLE INC?
NOVA LIFESTYLE INC (NVFY) has an RSI value of 49.5374. This indicates that the stock is currently neutral.
What is the MACD signal for NVFY stock?
The MACD indicator for NOVA LIFESTYLE INC (NVFY) has a value of -0.0736198, indicating a bearish trend.
What are the support and resistance levels for NOVA LIFESTYLE INC (NVFY) stock?
NOVA LIFESTYLE INC (NVFY) has a support level at 5.37 and a resistance level at 5.68. Check the full technical report for our detailed analysis of NVFY support and resistance levels.