NVNI GROUP LTD (NVNI) Technical Analysis
NASDAQ:NVNI • KYG507161282
Taking everything into account, NVNI scores 0 out of 10 in our technical rating. NVNI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than NVNI.
- NVNI is one of the lesser performing stocks in the Software industry. 80% of 277 stocks in the same industry do better.
- NVNI is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NVNI has a been trading in the 1.10 - 1.84 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NVNI has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
1.30
2 important resistance areas can be observed.
- Resistance @1.35 from a horizontal line in the daily time frame.
- Resistance @1.71 from a trend 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 | DOWN | NEGATIVE | The long term trend for NVNI is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVNI is down. |
| ChartMill Relative Strength | 4.09 | NEGATIVE | NVNI has a low relative strength, it was outperformed by 95.91% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVNI is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVNI is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVNI is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.12 | NEUTRAL | The RSI value for NVNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NVNI has a positive trend. |
| Stochastics (14,3) | 37.46 | NEUTRAL | The Stochastics value for NVNI is a neutral value. |
| Average True Range in percent/ATR (20) | 11.95 | HIGH VOLATILITY | The high ATR as a percentage value for NVNI suggests high volalility. |
| Average Directional Index/ADX (14) | 26.47 | POSITIVE | The high ADX value value for NVNI suggests a strong trend. |
NVNI Technicals: Chart, Performance Metrics, Trend & Indicators
1.31
+0.02 (+1.55%)
NVNI GROUP LTD / NVNI FAQ
What is the ChartMill technical rating of NVNI GROUP LTD (NVNI) stock?
ChartMill assigns a technical rating of 0 / 10 to NVNI.
Can you provide the trend direction for NVNI GROUP LTD?
The current trend direction for NVNI GROUP LTD (NVNI) is Bearish.
What is the RSI signal for NVNI stock?
NVNI GROUP LTD (NVNI) has an RSI value of 38.1228. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NVNI GROUP LTD?
The short term momentum for NVNI GROUP LTD (NVNI) is negative.
What is the buy/sell signal for NVNI GROUP LTD (NVNI) stock?
The buy/sell signal for NVNI GROUP LTD (NVNI) is sell as both the short term and long term trends are negative.