USA - NYSE:NVGS - MHY621321089 - Common Stock
Taking everything into account, NVGS scores 8 out of 10 in our technical rating. Although NVGS is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although NVGS 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.
14.01
When analyzing the support we can see 3 important areas.
We found 1 important resistance 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 NVGS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVGS is up. |
| ChartMill Relative Strength | 73.64 | POSITIVE | NVGS has a high relative strength, it outperformed 73.64% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVGS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVGS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVGS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 70.4 | OVERBOUGHT | The high RSI value suggests NVGS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.14 | POSITIVE | The MACD value suggests NVGS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.52 | OVERBOUGHT | The high Stochastics value suggests NVGS may be overbought. |
| Average True Range in percent/ATR (20) | 2.27 | MEDIUM VOLATILITY | The ATR as a percentage value for NVGS suggests some volalility. |
| Average Directional Index/ADX (14) | 37.77 | POSITIVE | The high ADX value value for NVGS suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 17.67 | 16.11 | 1.56 (8.83%) | 11.33% |
| An entry @17.67. This is a Buy Stop order right above the resistance zone. | An exit @16.11. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.56 points, which is 8.83%. | For a 1.00% total portfolio risk, you can invest 11.33% of your capital in this trade. |
17.65
+0.11 (+0.63%)
ChartMill assigns a technical rating of 8 / 10 to NVGS.
The current trend direction for NAVIGATOR HOLDINGS LTD (NVGS) is Bullish.
NAVIGATOR HOLDINGS LTD (NVGS) has an RSI value of 70.3973. This indicates that the stock is currently overbought.
The MACD indicator for NAVIGATOR HOLDINGS LTD (NVGS) has a value of 0.136172, indicating a bearish trend.
The buy/sell signal for NAVIGATOR HOLDINGS LTD (NVGS) is buy as both the short term and long term trends are positive.