NOVA LIFESTYLE INC (NVFY) Stock Technical Analysis
NASDAQ:NVFY - US66979P3001 - Common Stock
1.775 USD
+0.08 (+5.03%)
1.71 USD
-0.06 (-3.66%)
Overall NVFY gets a technical rating of 6 out of 10. In the last year, NVFY was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NVFY has a been trading in the 1.41 - 2.85 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NVFY did better than 90% of all other stocks.
NVFY is part of the Household Durables industry. There are 61 other stocks in this industry. NVFY outperforms 95% of them.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
NVFY is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVFY is lagging the market.
Considerably lower volume is observed in the last couple of days.
NVFY has an average technical rating and also the quality of the setup is only medium at the moment. Prices have been consolidating lately.
More info and screens
1.62
3.18
3 important support areas can be observed.
- Support @1.76 from a horizontal line in the weekly time frame.
- Support @1.71 from a trend line in the daily time frame.
- A support zone ranging from 1.64 to 1.66. This zone is formed by a combination of multiple trend lines in the daily time frame.
5 important resistance areas can be observed.
- A resistance zone ranging from 1.80 to 1.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.86 from a trend line in the daily time frame.
- A resistance zone ranging from 2.02 to 2.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.18 from a trend line in the daily time frame.
- Resistance @3.15 from a trend line in the weekly time frame.
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 | DOWN | NEGATIVE | The short term trend for NVFY is down. |
| ChartMill Relative Strength | 90.97 | POSITIVE | NVFY has a high relative strength, it outperformed 90.97% 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 | MIXED | The current price of NVFY is below 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) | 45.28 | NEUTRAL | The RSI value for NVFY is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NVFY has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 39.9 | NEUTRAL | The Stochastics value for NVFY is a neutral value. |
| Average True Range in percent/ATR (20) | 15.43 | HIGH VOLATILITY | The high ATR as a percentage value for NVFY suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for NVFY 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)
1.775
+0.08 (+5.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg5.03%
1 Week-1.39%
2 Weeks0.28%
1 Month-24.47%
3 Month70.67%
6 Month226.89%
12 Month19.13%
2 Year-33.13%
3 Year-52.67%
5 Year-78.09%
10 Year-96.68%
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%15.43%
ATR Inc2.36%
Range Today0.18
ADR(20)0.27
ADR(20)%15.16%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.97
Mansfield4.82
10 Day High2.4
10 Day Low1.41
20 Day High2.86
20 Day Low1.41
52 Week High3.59
52 Week Low0.39
CS1 End1.76
CR1 Start1.8
Volume & EV
DER(3)-18.91%
DER(5)-2.33%
Volume43.50K
Volume Incr-78.51%
Vol(5)136.78K
Vol(50)333.24K