ENVVENO MEDICAL CORP (NVNO) Stock Technical Analysis
NASDAQ:NVNO • US29415J2050
We assign a technical rating of 2 out of 10 to NVNO. Recently some decent action could be observed, but in the medium term time frame this is still negative. NVNO was also a bad performer in the overall market in the last year.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, NVNO is a bad performer in the overall market: 94% of all stocks are doing better.
- NVNO is part of the Health Care Equipment & Supplies industry. There are 185 other stocks in this industry, of which 72% are performing better than NVNO.
- NVNO 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.
- Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
- In the last month NVNO has a been trading in the 8.67 - 12.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NVNO is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
11.73
3 important resistance areas can be observed.
- Resistance @11.86 from a trend line in the daily time frame.
- Resistance @12.61 from a horizontal line in the weekly time frame.
- Resistance @13.06 from a horizontal 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 NVNO is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVNO is neutral. |
| ChartMill Relative Strength | 6.58 | NEGATIVE | NVNO has a low relative strength, it was outperformed by 93.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVNO is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVNO is above the rising 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) | 57.53 | NEUTRAL | The RSI value for NVNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.22 | POSITIVE | The MACD value suggests NVNO has a positive trend. |
| Stochastics (14,3) | 48.89 | NEUTRAL | The Stochastics value for NVNO is a neutral value. |
| Average True Range in percent/ATR (20) | 10.11 | HIGH VOLATILITY | The high ATR as a percentage value for NVNO suggests high volalility. |
| Average Directional Index/ADX (14) | 12.81 | NEGATIVE | The low ADX value for NVNO suggests a weak or negative trend. |
NASDAQ:NVNO (2/20/2026, 8:00:01 PM)
11.85
+1.86 (+18.62%)
ENVVENO MEDICAL CORP / NVNO FAQ
Can you provide the ChartMill technical rating for ENVVENO MEDICAL CORP?
ChartMill assigns a technical rating of 2 / 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 57.5349. 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 0.223656, 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 neutral.