NOVRA TECHNOLOGIES INC (NVI.CA) Stock Technical Analysis
Canada - TSX-V:NVI - CA67010X1042 - Common Stock
0.085 CAD
+0.01 (+6.25%)
Taking everything into account, NVI scores 8 out of 10 in our technical rating. In the last year, NVI was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
When comparing the yearly performance of all stocks, we notice that NVI is one of the better performing stocks in the market, outperforming 82% of all stocks. We also observe that the gains produced by NVI over the past year are nicely spread over this period.
NVI is part of the Communications Equipment industry. There are 12 other stocks in this industry. NVI outperforms 90% of them.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NVI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVI is lagging the market.
In the last month NVI has a been trading in the 0.07 - 0.12 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, NVI also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.07, a Stop Loss order could be placed below this zone.
More info and screens
0.05
0.12
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.05 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.12 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 | NEUTRAL | NEUTRAL | The long term trend for NVI.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVI.CA is neutral. |
| ChartMill Relative Strength | 82.06 | POSITIVE | NVI.CA has a high relative strength, it outperformed 82.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVI.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVI.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 48.12 | NEUTRAL | The RSI value for NVI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NVI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests NVI.CA may be oversold. |
| Average True Range in percent/ATR (20) | 13.53 | HIGH VOLATILITY | The high ATR as a percentage value for NVI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.35 | NEGATIVE | The low ADX value for NVI.CA 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)
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 |
|---|---|---|---|
| 0.10 | 0.07 | 0.03 (35.00%) | 2.86% |
| An entry @0.10. This is a Buy Stop order right above the resistance zone. | An exit @0.07. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.03 points, which is 35.00%. | For a 1.00% total portfolio risk, you can invest 2.86% of your capital in this trade. |
- 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-V:NVI (9/12/2025, 7:00:00 PM)
0.085
+0.01 (+6.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg6.25%
1 Week-22.73%
2 Weeks-15%
1 Month-5.56%
3 Month0%
6 Month6.25%
12 Month88.89%
2 Year30.77%
3 Year-5.56%
5 Year41.67%
10 Year13.33%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%13.53%
ATR Inc-43.24%
Range Today0
ADR(20)0.01
ADR(20)%7.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.06
Mansfield0.84
10 Day High0.12
10 Day Low0.08
20 Day High0.12
20 Day Low0.07
52 Week High0.12
52 Week Low0.02
CS1 End0.07
CR1 Start0.09
Volume & EV
DER(3)0%
DER(5)0%
Volume187.00K
Volume Incr90.4%
Vol(5)79.72K
Vol(50)41.11K