Taking everything into account, NVOX scores 6 out of 10 in our technical rating. In the last year, NVOX was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
NVOX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
20.78
When analyzing the support we can see 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for NVOX is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVOX is up. |
| ChartMill Relative Strength | 14.58 | NEGATIVE | NVOX has a low relative strength, it was outperformed by 85.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVOX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVOX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 72.33 | OVERBOUGHT | The high RSI value suggests NVOX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.58 | POSITIVE | The MACD value suggests NVOX has a positive trend. |
| Stochastics (14,3) | 80.12 | OVERBOUGHT | The high Stochastics value suggests NVOX may be overbought. |
| Average True Range in percent/ATR (20) | 5.54 | HIGH VOLATILITY | The high ATR as a percentage value for NVOX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.1 | POSITIVE | The high ADX value value for NVOX suggests a strong trend. |
32.09
+4.92 (+18.11%)
ChartMill assigns a technical rating of 6 / 10 to NVOX.
The current trend direction for DEFIANCE DLY TRG 2X LNG NVO (NVOX) is Bearish.
DEFIANCE DLY TRG 2X LNG NVO (NVOX) has an RSI value of 72.3271. This indicates that the stock is currently overbought.
The MACD indicator for DEFIANCE DLY TRG 2X LNG NVO (NVOX) has a value of 0.584766, indicating a bearish trend.