Overall NVNO gets a technical rating of 0 out of 10. NVNO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Although the technical rating is bad, NVNO does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.32
We found 1 important support area.
- Support @0.32 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @0.33 from a trend line in the daily time frame.
- Resistance @0.35 from a trend line in the daily time frame.
- A resistance zone ranging from 0.36 to 0.36. 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 | DOWN | NEGATIVE | The long term trend for NVNO is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVNO is down. |
| ChartMill Relative Strength | 1.5 | NEGATIVE | NVNO has a low relative strength, it was outperformed by 98.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVNO is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVNO is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.21 | NEUTRAL | The RSI value for NVNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NVNO has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 35.3 | NEUTRAL | The Stochastics value for NVNO is a neutral value. |
| Average True Range in percent/ATR (20) | 11.34 | HIGH VOLATILITY | The high ATR as a percentage value for NVNO suggests high volalility. |
| Average Directional Index/ADX (14) | 30.75 | POSITIVE | The high ADX value value for NVNO suggests a strong trend. |
0.3208
-0.01 (-3.89%)
ENVVENO MEDICAL CORP / NVNO FAQ
Can you provide the ChartMill technical rating for ENVVENO MEDICAL CORP?
ChartMill assigns a technical rating of 0 / 10 to NVNO.
What is the trend direction for NVNO stock?
The current trend direction for ENVVENO MEDICAL CORP (NVNO) is Bearish.
What is the RSI signal for ENVVENO MEDICAL CORP (NVNO) stock?
ENVVENO MEDICAL CORP (NVNO) has an RSI value of 37.205. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENVVENO MEDICAL CORP?
The MACD indicator for ENVVENO MEDICAL CORP (NVNO) has a value of 0.0120166, indicating a bearish trend.
Can you provide the short term momentum for ENVVENO MEDICAL CORP?
The short term momentum for ENVVENO MEDICAL CORP (NVNO) is negative.