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.
- When comparing the yearly performance of all stocks, NVNI is a bad performer in the overall market: 99% of all stocks are doing better.
- NVNI is part of the Software industry. There are 278 other stocks in this industry, of which 87% are performing better than NVNI.
- 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 1.60 - 3.18 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The technical rating of NVNI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
1.68
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 | 1.24 | NEGATIVE | NVNI has a low relative strength, it was outperformed by 98.76% 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) | 26.95 | OVERSOLD | The low RSI value suggests NVNI may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NVNI has a negative trend. |
| Stochastics (14,3) | 12.66 | OVERSOLD | The low Stochastics value suggests NVNI may be oversold. |
| Average True Range in percent/ATR (20) | 15.09 | HIGH VOLATILITY | The high ATR as a percentage value for NVNI suggests high volalility. |
| Average Directional Index/ADX (14) | 17.39 | NEGATIVE | The low ADX value for NVNI suggests a weak or negative trend. |
1.7
-0.24 (-12.37%)
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 26.9497. This indicates that the stock is currently oversold.
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.