NASDAQ:NVNI - KYG507161027 - Common Stock
We assign a technical rating of 5 out of 10 to NVNI. In the past year, NVNI was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
NVNI has only a medium 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. We notice that large players showed an interest for NVNI in the last couple of days, which is a good sign.
0.38
We found 3 important support areas.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The short term trend for NVNI is up. |
ChartMill Relative Strength | 24.16 | NEGATIVE | NVNI has a low relative strength, it was outperformed by 75.84% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVNI is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVNI is above the rising 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) | 56.46 | NEUTRAL | The RSI value for NVNI is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NVNI has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 46.75 | NEUTRAL | The Stochastics value for NVNI is a neutral value. |
Average True Range in percent/ATR (20) | 18.08 | HIGH VOLATILITY | The high ATR as a percentage value for NVNI suggests high volalility. |
Average Directional Index/ADX (14) | 34.33 | POSITIVE | The high ADX value value for NVNI suggests a strong trend. |
0.6227
+0.03 (+4.88%)