USA - NYSE:NVR - US62944T1051 - Common Stock
Overall NVR gets a technical rating of 3 out of 10. NVR was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
Although the technical rating is bad, NVR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 8378.31. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7989.06, a Stop Loss order could be placed below this zone.
6,995.73
3 important support areas can be observed.
When analyzing the resistance we notice one important area.
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 | UP | POSITIVE | The long term trend for NVR is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVR is down. |
ChartMill Relative Strength | 24.07 | NEGATIVE | NVR has a low relative strength, it was outperformed by 75.93% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVR is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVR is below the rising SMA(50). |
Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NVR is above a declining SMA(200). |
Relative Strength Index/RSI (14) | 47.26 | NEUTRAL | The RSI value for NVR is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -35.29 | NEGATIVE | The MACD value suggests NVR has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 23.19 | NEUTRAL | The Stochastics value for NVR is a neutral value. |
Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NVR suggests some volalility. |
Average Directional Index/ADX (14) | 18.08 | NEGATIVE | The low ADX value for NVR suggests a weak or negative trend. |
8034.66
-60.48 (-0.75%)