NVR INC (NVR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NVR - US62944T1051 - Common Stock
Overall NVR gets a technical rating of 3 out of 10. In the past year, NVR 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.
Although the technical rating is bad, NVR does present a nice setup opportunity. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 7525.76, a Stop Loss order could be placed below this zone.
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6,891.48
We found 2 important support areas.
- A support zone ranging from 7361.52 to 7525.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 6961.09 to 7131.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- Resistance @8100.02 from a trend line in the weekly time frame.
- Resistance @8296.64 from a horizontal line in the daily time frame.
- A resistance zone ranging from 8502.00 to 8543.00. 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 NVR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVR is up. |
| ChartMill Relative Strength | 20.43 | NEGATIVE | NVR has a low relative strength, it was outperformed by 79.57% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.42 | NEUTRAL | The RSI value for NVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 48.42 | POSITIVE | The MACD value suggests NVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.6 | NEUTRAL | The Stochastics value for NVR is a neutral value. |
| Average True Range in percent/ATR (20) | 1.93 | LOW VOLATILITY | The low ATR as a percentage value for NVR suggests low volalility. |
| Average Directional Index/ADX (14) | 21.87 | NEUTRAL | The ADX value for NVR suggests a possible start of a new trend. |
7538.08
+18.41 (+0.24%)
NVR INC / NVR FAQ
What is the ChartMill technical rating of NVR INC (NVR) stock?
ChartMill assigns a technical rating of 3 / 10 to NVR.
What is the trend direction for NVR stock?
The current trend direction for NVR INC (NVR) is Bearish.
What is the RSI signal for NVR stock?
NVR INC (NVR) has an RSI value of 54.4193. This indicates that the stock is currently neutral.
What is the MACD signal for NVR INC (NVR) stock?
The MACD indicator for NVR INC (NVR) has a value of 48.4155, indicating a bullish trend.
What is the short term momentum for NVR stock?
The short term momentum for NVR INC (NVR) is positive.