NVIDIA ENHANCED HIGH INCOME (NVHE.CA) Stock Technical Analysis
TSX:NVHE - CA41754U1057 - ETF
12.72 CAD
+0.19 (+1.52%)
We assign a technical rating of 7 out of 10 to NVHE. Although NVHE is only a medium performer in the overall market, the technical picture looks good in both the medium and short term time frames.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NVHE is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NVHE is lagging the market slightly.
In the last month NVHE has a been trading in the 12.00 - 13.07 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
When comparing the yearly performance of all stocks, we notice that NVHE is one of the better performing stocks in the market, outperforming 73% of all stocks. However, this relatively good performance is mostly due to a recent big move.
NVHE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 12.76. Right above this resistance zone may be a good entry point.
More info and screens
12.37
13.51
When analyzing the support we notice one important area.
- Support @12.49 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.76 to 13.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @13.38 from a horizontal line in the daily 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 NVHE.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVHE.CA is neutral. |
| ChartMill Relative Strength | 73.94 | POSITIVE | NVHE.CA has a high relative strength, it outperformed 73.94% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVHE.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVHE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVHE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.67 | NEUTRAL | The RSI value for NVHE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NVHE.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 54.52 | NEUTRAL | The Stochastics value for NVHE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.48 | MEDIUM VOLATILITY | The ATR as a percentage value for NVHE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 28.23 | POSITIVE | The high ADX value value for NVHE.CA suggests a strong 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)
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 |
|---|---|---|---|
| 13.08 | 12.48 | 0.60 (4.59%) | 21.80% |
| An entry @13.08. This is a Buy Stop order right above the resistance zone. | An exit @12.48. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.60 points, which is 4.59%. | When investing 21.80% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:NVHE (8/22/2025, 7:00:00 PM)
12.72
+0.19 (+1.52%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.52%
1 Week-1.17%
2 Weeks-1.78%
1 Month2.33%
3 Month30.19%
6 Month8.07%
12 Month13.07%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.31
ATR(20)%2.48%
ATR Inc-1.7%
Range Today0.48
ADR(20)0.29
ADR(20)%2.28%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS73.94
Mansfield0.41
10 Day High13.07
10 Day Low12
20 Day High13.07
20 Day Low12
52 Week High13.92
52 Week Low6.51
CS1 End12.49
CR1 Start12.76
Volume & EV
DER(3)-10.7%
DER(5)-4.99%
Volume95.90K
Volume Incr15.52%
Vol(5)143.11K
Vol(50)108.64K