NOVRA TECHNOLOGIES INC (NVI.CA) Stock Technical Analysis
TSX-V:NVI - TSX Venture Exchange - CA67010X1042 - Common Stock - Currency: CAD
Overall NVI gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVI is showing a nice and steady performance.
Warning: NVI has an average volume of 26363 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NVI is one of the better performing stocks in the Communications Equipment industry, it outperforms 90% of 12 stocks in the same industry.
NVI 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 NVI is lagging the market slightly.
In the last month NVI has a been trading in the 0.06 - 0.12 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that NVI is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
Although NVI 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.
More info and screens
0.05
0.12
When analyzing the support we can see 3 important areas.
- A support 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.
- Support @0.06 from a trend line in the weekly time frame.
- A support zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- 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 | UP | POSITIVE | The long term trend for NVI.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVI.CA is neutral. |
| ChartMill Relative Strength | 83.87 | POSITIVE | NVI.CA has a high relative strength, it outperformed 83.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVI.CA is above 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) | 56.96 | NEUTRAL | The RSI value for NVI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NVI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 42.26 | NEUTRAL | The Stochastics value for NVI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.5 | HIGH VOLATILITY | The high ATR as a percentage value for NVI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.9 | NEUTRAL | The ADX value for NVI.CA suggests a possible start of a new 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)
TSX-V:NVI (7/10/2025, 7:00:00 PM)
0.1
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg0%
1 Week11.11%
2 Weeks0%
1 Month53.85%
3 Month33.33%
6 Month150%
12 Month42.86%
2 Year42.86%
3 Year66.67%
5 Year100%
10 Year81.82%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.5%
ATR Inc63.33%
Range Today0
ADR(20)0
ADR(20)%3.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.87
Mansfield3.72
10 Day High0.12
10 Day Low0.08
20 Day High0.12
20 Day Low0.06
52 Week High0.12
52 Week Low0.02
CS1 End0.09
CR1 Start0.11
Volume & EV
DER(3)9.91%
DER(5)305.95%
Volume49.00K
Volume Incr-7.83%
Vol(5)30.70K
Vol(50)26.36K