DEFIANCE DLY TRG 2X LNG NVO (NVOX) Stock Technical Analysis
NYSEARCA:NVOX - NYSE Arca - US88636J2463 - ETF - Currency: USD
Overall NVOX gets a technical rating of 0 out of 10. NVOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NVOX is a bad performer in the overall market: 100% of all stocks are doing better.
In the last month NVOX has a been trading in the 2.40 - 6.76 range, which is quite wide. It is currently trading near the lows of this range.
NVOX has an average volume of 3346450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
Volume is considerably higher in the last couple of days.
The technical rating of NVOX 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
3.02
6.85
When analyzing the resistance we notice 2 important areas.
- Resistance @5.82 from a trend line in the daily time frame.
- Resistance @6.78 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 | NEUTRAL | NEUTRAL | The long term trend for NVOX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVOX is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NVOX has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVOX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVOX is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 32.06 | NEUTRAL | The RSI value for NVOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests NVOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 8.34 | OVERSOLD | The low Stochastics value suggests NVOX may be oversold. |
| Average True Range in percent/ATR (20) | 14.66 | HIGH VOLATILITY | The high ATR as a percentage value for NVOX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.63 | POSITIVE | The high ADX value value for NVOX 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)
3.05
+0.25 (+8.93%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg8.93%
1 Week10.91%
2 Weeks-54.88%
1 Month-51.59%
3 Month-49.67%
6 Month-73.32%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.52
ATR(20)%14.66%
ATR Inc-32.3%
Range Today0.14
ADR(20)0.24
ADR(20)%7.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High6.64
10 Day Low2.4
20 Day High6.76
20 Day Low2.4
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start5.82
Volume & EV
DER(3)-1.58%
DER(5)2.1%
Volume16.92M
Volume Incr354.78%
Vol(5)16.86M
Vol(50)3.35M