NOVA LIFESTYLE INC (NVFY)

US66979P3001 - Common Stock

2.76  +0.65 (+30.81%)

After market: 2.76 0 (0%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to NVFY. In the last year, NVFY was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

NVFY has an average volume of 2151910 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
When compared to the yearly performance of all other stocks, NVFY outperforms 51% of them, which is more or less in line with the market.
NVFY is an average performer in the Household Durables industry, it outperforms 44% of 68 stocks in the same industry.
NVFY is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NVFY is lagging the market slightly.
In the last month NVFY has a been trading in the 2.11 - 4.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NVFY Weekly chart
NVFY Daily chart
Setup Rating and Analysis

3

NVFY has an average technical rating and it also does not offer a high quality setup 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.

Support and Resistance Analysis

2.71

3.18

When analyzing the support we notice one important area.

  • A support zone ranging from 2.74 to 2.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

When analyzing the resistance we notice 3 important areas.

  • Resistance @2.92 from a trend line in the daily time frame.
  • Resistance @3.05 from a horizontal line in the weekly time frame.
  • A resistance zone ranging from 3.15 to 3.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS51.42
Mansfield0.61
10 Day High3.73
10 Day Low2.11
20 Day High4.42
20 Day Low2.11
52 Week High6.38
52 Week Low1.45
Performance
1 Week19.48%
2 Weeks-6.44%
1 Month49.19%
3 Month4.94%
6 Month25.45%
12 Month-1.43%
2 Year-47.92%
3 Year-79.78%
5 Year-85.48%
10 Year-97.51%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.07
RSI(14)56.91
LBB1.97
UBB3.35
NVFY Daily chart

NOVA LIFESTYLE INC

NASDAQ:NVFY (4/19/2024, 7:07:22 PM)

After market: 2.76 0 (0%)

2.76

+0.65 (+30.81%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorConsumer Discretionary
GICS IndustryHousehold Durables
Performance
% Chg30.81%
1 Week19.48%
2 Weeks-6.44%
1 Month49.19%
3 Month4.94%
6 Month25.45%
12 Month-1.43%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.32
ATR(20)%16.03%
ATR Inc
Range Today1.58
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3.73
10 Day Low2.11
20 Day High4.42
20 Day Low2.11
52 Week High6.38
52 Week Low1.45
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume33.48M
Volume Incr82.04%
Vol(5)6.71M
Vol(50)2.15M