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NOVO RESOURCES CORP (NVO.CA) Stock Technical Analysis

Canada - TSX:NVO - CA67010B1022 - Common Stock

0.135 CAD
0 (0%)
Last: 10/27/2025, 7:00:00 PM
Technical Rating and Analysis

10

Overall NVO gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NVO has proven to be a steady performer, scoring decent points in every aspect analyzed.

The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NVO is one of the better performing stocks in the market, outperforming 81% of all stocks.
NVO is part of the Metals & Mining industry. There are 805 other stocks in this industry, NVO did better than 54% of them.
NVO is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVO is lagging the market.
In the last month NVO has a been trading in the 0.10 - 0.17 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NOVO RESOURCES CORP / NVO Weekly stock chart
NOVO RESOURCES CORP / NVO Daily stock chart
Setup Rating and Analysis

4

Although NVO has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.

Support and Resistance Analysis

0.10

0.15

2 important support areas can be observed.

  • A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.15 to 0.15. This zone is formed by a combination of multiple trend lines in multiple time frames.
Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NVO.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NVO.CA is up.
ChartMill Relative Strength81.22POSITIVENVO.CA has a high relative strength, it outperformed 81.22% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NVO.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NVO.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NVO.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)55.11NEUTRALThe RSI value for NVO.CA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)0NEGATIVEThe MACD value suggests NVO.CA has a negative trend.
Stochastics (14,3)45.06NEUTRALThe Stochastics value for NVO.CA is a neutral value.
Average True Range in percent/ATR (20)10.09HIGH VOLATILITYThe high ATR as a percentage value for NVO.CA suggests high volalility.
Average Directional Index/ADX (14)41.96POSITIVEThe high ADX value value for NVO.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
NOVO RESOURCES CORP / NVO Daily stock chart

NOVO RESOURCES CORP

TSX:NVO (10/27/2025, 7:00:00 PM)

0.135

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-12.9%
2 Weeks-10%
1 Month17.39%
3 Month35%
6 Month35%
12 Month50%
2 Year-20.59%
3 Year-66.25%
5 Year-95.79%
10 Year-77.87%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%10.09%
ATR Inc-68.54%
Range Today0.01
ADR(20)0.01
ADR(20)%9.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.22
3 months CRS82.82
6 months CRS72.97
Mansfield2.04
10 Day High0.17
10 Day Low0.13
20 Day High0.17
20 Day Low0.1
52 Week High0.17
52 Week Low0.07
CS1 End0.13
CR1 Start0.15
Volume & EV
DER(3)-0.13%
DER(5)-0.14%
Volume204.52K
Volume Incr-24.67%
Vol(5)319.41K
Vol(50)298.74K

NOVO RESOURCES CORP / NVO.CA FAQ

Can you provide the ChartMill technical rating for NOVO RESOURCES CORP?

ChartMill assigns a technical rating of 10 / 10 to NVO.CA.


Can you provide the trend direction for NOVO RESOURCES CORP?

The current trend direction for NOVO RESOURCES CORP (NVO.CA) is Bullish.


Can you provide the RSI signal for NOVO RESOURCES CORP?

NOVO RESOURCES CORP (NVO.CA) has an RSI value of 55.1146. This indicates that the stock is currently neutral.


What is the short term momentum for NOVO RESOURCES CORP (NVO.CA) stock?

The short term momentum for NOVO RESOURCES CORP (NVO.CA) is positive.


What is the buy/sell signal for NVO stock?

The buy/sell signal for NOVO RESOURCES CORP (NVO.CA) is buy as both the short term and long term trends are positive.