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 5 out of 10. In the past year, NVOX was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NVOX is a bad performer in the overall market: 100% of all stocks are doing better.
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 5.55 - 7.72 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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
6.49
7.71
When analyzing the support we can see 2 important areas.
- A support zone ranging from 6.90 to 7.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6.56 to 6.60. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The short term trend for NVOX is up. |
| 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) | 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). |
| Relative Strength Index/RSI (14) | 62.77 | NEUTRAL | The RSI value for NVOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NVOX has a positive trend. |
| Stochastics (14,3) | 90.92 | OVERBOUGHT | The high Stochastics value suggests NVOX may be overbought. |
| Average True Range in percent/ATR (20) | 5.75 | HIGH VOLATILITY | The high ATR as a percentage value for NVOX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.85 | NEGATIVE | The low ADX value for NVOX suggests a weak or negative 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)
7.63
+0.39 (+5.39%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg5.39%
1 Week8.69%
2 Weeks18.66%
1 Month28.89%
3 Month-32.6%
6 Month-63.2%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%5.75%
ATR Inc-3.29%
Range Today0.22
ADR(20)0.33
ADR(20)%4.3%
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 High7.72
10 Day Low6.14
20 Day High7.72
20 Day Low5.55
52 Week HighN/A
52 Week LowN/A
CS1 End7.03
CR1 StartN/A
Volume & EV
DER(3)-3.42%
DER(5)-4.92%
Volume134.60K
Volume Incr-58.23%
Vol(5)212.04K
Vol(50)282.56K