NOVRA TECHNOLOGIES INC (NVI.CA) Stock Technical Analysis
TSX-V:NVI - CA67010X1042 - Common Stock
0.11 CAD
+0.02 (+15.79%)
We assign a technical rating of 9 out of 10 to NVI. NVI has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
Warning: NVI has an average volume of 25068 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that NVI is one of the better performing stocks in the market, outperforming 94% of all stocks.
NVI is part of the Communications Equipment industry. There are 12 other stocks in this industry. NVI outperforms 90% of them.
NVI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with 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 near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NVI has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.05
0.12
When analyzing the support we can see 5 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.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @0.07 from a trend line in the daily time frame.
- 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.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.11 from a trend line in the daily time frame.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | UP | POSITIVE | The short term trend for NVI.CA is up. |
| ChartMill Relative Strength | 94.29 | POSITIVE | NVI.CA has a high relative strength, it outperformed 94.29% 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) | 58.17 | 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. |
| Stochastics (14,3) | 82.74 | OVERBOUGHT | The high Stochastics value suggests NVI.CA may be overbought. |
| Average True Range in percent/ATR (20) | 9.77 | HIGH VOLATILITY | The high ATR as a percentage value for NVI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.77 | 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)
TSX-V:NVI (8/22/2025, 7:00:00 PM)
0.11
+0.02 (+15.79%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryCommunications Equipment
Performance
% Chg15.79%
1 Week29.41%
2 Weeks22.22%
1 Month10%
3 Month120%
6 Month-8.33%
12 Month83.33%
2 Year69.23%
3 Year29.41%
5 Year120%
10 Year83.33%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%9.77%
ATR Inc68%
Range Today0
ADR(20)0.01
ADR(20)%5.23%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.29
Mansfield4.46
10 Day High0.11
10 Day Low0.07
20 Day High0.12
20 Day Low0.07
52 Week High0.12
52 Week Low0.02
CS1 End0.09
CR1 Start0.11
Volume & EV
DER(3)0%
DER(5)0%
Volume8.00K
Volume Incr60.26%
Vol(5)28.49K
Vol(50)25.07K