We assign a technical rating of 6 out of 10 to NVOX. NVOX has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
- When comparing the yearly performance of all stocks, NVOX is a bad performer in the overall market: 87% of all stocks are doing better.
- NVOX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month NVOX has a been trading in the 19.32 - 32.15 range, which is quite wide. It is currently trading near the high of this range.
- NVOX has an average volume of 10303800 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
NVOX has an average technical rating and it also does not offer a high 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
20.87
We found 3 important support areas.
- Support @27.17 from a horizontal line in the daily time frame.
- A support zone ranging from 25.58 to 25.70. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @21.08 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 32.09 to 32.09. 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 | 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 | 13.6 | NEGATIVE | NVOX has a low relative strength, it was outperformed by 86.4% 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) | 64.84 | NEUTRAL | The RSI value for NVOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.5 | POSITIVE | The MACD value suggests NVOX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 80.88 | OVERBOUGHT | The high Stochastics value suggests NVOX may be overbought. |
| Average True Range in percent/ATR (20) | 6.16 | HIGH VOLATILITY | The high ATR as a percentage value for NVOX suggests high volalility. |
| Average Directional Index/ADX (14) | 33.99 | POSITIVE | The high ADX value value for NVOX suggests a strong trend. |
28.92
-1.39 (-4.59%)
DEFIANCE DLY TRG 2X LNG NVO / NVOX FAQ
What is the ChartMill technical rating of DEFIANCE DLY TRG 2X LNG NVO (NVOX) stock?
ChartMill assigns a technical rating of 6 / 10 to NVOX.
What is the trend direction for NVOX stock?
The current trend direction for DEFIANCE DLY TRG 2X LNG NVO (NVOX) is Bearish.
What is the RSI signal for DEFIANCE DLY TRG 2X LNG NVO (NVOX) stock?
DEFIANCE DLY TRG 2X LNG NVO (NVOX) has an RSI value of 64.8444. This indicates that the stock is currently neutral.
Can you provide the MACD signal for DEFIANCE DLY TRG 2X LNG NVO?
The MACD indicator for DEFIANCE DLY TRG 2X LNG NVO (NVOX) has a value of 0.503612, indicating a bearish trend.