NVR INC (NVR) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NVR - US62944T1051 - Common Stock
Taking everything into account, NVR scores 3 out of 10 in our technical rating. 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.
- 76% of all other stocks performed better in the past year than NVR.
- Warning: NVR has an average volume of 23970 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- In the last month NVR has a been trading in the 7022.00 - 7713.31 range, which is quite wide. It is currently trading near the high of this range.
- Prices have been consolidating recently, this may present a good entry opportunity.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- NVR is an average performer in the Household Durables industry, it outperforms 52% of 60 stocks in the same industry.
- NVR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVR is lagging the market.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, NVR does present a nice setup opportunity. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is a resistance zone just above the current price starting at 7632.35. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7503.76, a Stop Loss order could be placed below this zone.
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6,891.48
When analyzing the support we can see 2 important areas.
- A support zone ranging from 7401.02 to 7503.76. 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 7204.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 7632.35 to 7643.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 7792.13 to 7914.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for NVR is neutral. |
| ChartMill Relative Strength | 24.94 | NEGATIVE | NVR has a low relative strength, it was outperformed by 75.06% 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) | UP | POSITIVE | The current price of NVR is above the rising 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) | 55.27 | NEUTRAL | The RSI value for NVR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 32.42 | POSITIVE | The MACD value suggests NVR has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 81.94 | OVERBOUGHT | The high Stochastics value suggests NVR may be overbought. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NVR suggests some volalility. |
| Average Directional Index/ADX (14) | 16.82 | NEGATIVE | The low ADX value for NVR suggests a weak or negative trend. |
7561.54
-61.47 (-0.81%)
NVR INC / NVR FAQ
What is the technical rating for NVR stock?
ChartMill assigns a technical rating of 3 / 10 to NVR.
What is the current trend direction of NVR INC (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 55.2667. This indicates that the stock is currently neutral.
What is the support and resistance level for NVR stock?
NVR INC (NVR) has a support level at 7503.76 and a resistance level at 7632.35. Check the full technical report for our detailed analysis of NVR support and resistance levels.