NVNI GROUP LTD (NVNI) Stock Technical Analysis
NASDAQ:NVNI - Nasdaq - KYG507161027 - Common Stock - Currency: USD
Overall NVNI gets a technical rating of 2 out of 10. 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.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
99% of all other stocks performed better in the past year than NVNI.
NVNI is part of the Software industry. There are 283 other stocks in this industry, of which 89% are performing better than NVNI.
NVNI is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NVNI is lagging the market.
NVNI has an average volume of 29056800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NVNI has a been trading in the 0.15 - 0.76 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 poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.40
0.41
We found 1 important resistance area.
- A resistance zone ranging from 0.41 to 0.41. This zone is formed by a combination of multiple trend lines and important moving averages 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 | 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 | 1.07 | NEGATIVE | NVNI has a low relative strength, it was outperformed by 98.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVNI is below 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) | 50.03 | NEUTRAL | The RSI value for NVNI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NVNI has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 19.67 | OVERSOLD | The low Stochastics value suggests NVNI may be oversold. |
| Average True Range in percent/ATR (20) | 29.5 | HIGH VOLATILITY | The high ATR as a percentage value for NVNI suggests high volalility. |
| Average Directional Index/ADX (14) | 30.2 | POSITIVE | The high ADX value value for NVNI suggests a strong 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)
0.404
-0.01 (-1.68%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.68%
1 Week-0.62%
2 Weeks-24.67%
1 Month146%
3 Month-83.9%
6 Month-51.33%
12 Month-71.55%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%29.5%
ATR Inc-74.56%
Range Today0.04
ADR(20)0.11
ADR(20)%28.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.07
Mansfield-7.14
10 Day High0.55
10 Day Low0.37
20 Day High0.76
20 Day Low0.15
52 Week High12.19
52 Week Low0.14
CS1 EndN/A
CR1 Start0.41
Volume & EV
DER(3)0.1%
DER(5)0.1%
Volume3.42M
Volume Incr-93.59%
Vol(5)3.70M
Vol(50)29.06M