USA - NASDAQ:NVFY - US66979P3001 - Common Stock
We assign a technical rating of 9 out of 10 to NVFY. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
NVFY has an excellent technical rating, but the quality of the setup is only medium at the moment. Prices have been consolidating lately.
5.32
We found 1 important support area.
When analyzing the resistance we notice one important area.
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%)
ChartMill assigns a technical rating of 9 / 10 to NVFY.
The current trend direction for NOVA LIFESTYLE INC (NVFY) is Bullish.
NOVA LIFESTYLE INC (NVFY) has an RSI value of 49.5374. This indicates that the stock is currently neutral.
The MACD indicator for NOVA LIFESTYLE INC (NVFY) has a value of -0.0736198, indicating a bearish trend.
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.