ENVIRI CORP (NVRI) Stock Technical Analysis
USA • New York Stock Exchange • NYSE:NVRI • US4158641070
Taking everything into account, NVRI scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVRI is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NVRI did better than 95% of all other stocks. On top of that, NVRI also shows a nice and consistent pattern of rising prices.
- NVRI is one of the better performing stocks in the Commercial Services & Supplies industry, it outperforms 94% of 80 stocks in the same industry.
- NVRI is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NVRI has a been trading in the 17.78 - 19.33 range, which is quite wide. It is currently trading near the high of this range.
- NVRI has an average volume of 1809100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Besides having an excellent technical rating, NVRI also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
12.83
We found 5 important support areas.
- A support zone ranging from 17.74 to 17.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @16.11 from a trend line in the weekly time frame.
- Support @15.20 from a trend line in the daily time frame.
- Support @13.39 from a trend line in the weekly time frame.
- Support @12.96 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 18.93 to 18.99. 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 | UP | POSITIVE | The long term trend for NVRI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVRI is up. |
| ChartMill Relative Strength | 95.85 | POSITIVE | NVRI has a high relative strength, it outperformed 95.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVRI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVRI is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVRI is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.83 | NEUTRAL | The RSI value for NVRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NVRI has a negative trend. |
| Stochastics (14,3) | 68.25 | NEUTRAL | The Stochastics value for NVRI is a neutral value. |
| Average True Range in percent/ATR (20) | 1.89 | LOW VOLATILITY | The low ATR as a percentage value for NVRI suggests low volalility. |
| Average Directional Index/ADX (14) | 28.17 | POSITIVE | The high ADX value value for NVRI suggests a strong trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 19.00 | 18.08 | 0.92 (4.84%) | 20.65% |
| An entry @19.00. This is a Buy Stop order right above the resistance zone. | An exit @18.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.92 points, which is 4.84%. | When investing 20.65% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
18.92
-0.07 (-0.37%)
ENVIRI CORP / NVRI FAQ
Can you provide the ChartMill technical rating for ENVIRI CORP?
ChartMill assigns a technical rating of 10 / 10 to NVRI.
What is the trend direction for NVRI stock?
The current trend direction for ENVIRI CORP (NVRI) is Bullish.
What is the RSI signal for NVRI stock?
ENVIRI CORP (NVRI) has an RSI value of 64.8256. This indicates that the stock is currently neutral.
What is the short term momentum for ENVIRI CORP (NVRI) stock?
The short term momentum for ENVIRI CORP (NVRI) is positive.
What is the buy/sell signal for ENVIRI CORP (NVRI) stock?
The buy/sell signal for ENVIRI CORP (NVRI) is buy as both the short term and long term trends are positive.