ENVIRI CORP (NVRI) Technical Analysis
NYSE:NVRI • US4158641070
Current stock price
NVRI Technical Rating and Analysis
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 short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- 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 98% of 79 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.
- NVRI is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- NVRI has an average volume of 1393110 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NVRI Weekly and Daily overview Charts
NVRI Setup Rating and Analysis
NVRI has an excellent technical rating and also presents a decent setup pattern. 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 19.90. Right above this resistance zone may be a good entry point. 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
NVRI Support and Resistance Analysis
17.47
When analyzing the support we can see 2 important areas.
- Support @18.38 from a trend line in the daily time frame.
- A support zone ranging from 17.65 to 17.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 19.90 to 19.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
NVRI Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The short term trend for NVRI is neutral. |
| ChartMill Relative Strength | 95.45 | POSITIVE | NVRI has a high relative strength, it outperformed 95.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVRI is below 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) | 51.63 | NEUTRAL | The RSI value for NVRI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NVRI has a negative trend. |
| Stochastics (14,3) | 28.62 | NEUTRAL | The Stochastics value for NVRI is a neutral value. |
| Average True Range in percent/ATR (20) | 2.23 | MEDIUM VOLATILITY | The ATR as a percentage value for NVRI suggests some volalility. |
| Average Directional Index/ADX (14) | 18.83 | NEGATIVE | The low ADX value for NVRI suggests a weak or negative trend. |
NVRI Chart- and CandleStick Pattern Analysis
NVRI Example Setup
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 |
|---|---|---|---|
| 19.45 | 19.10 | 0.35 (1.81%) | 25.00% |
| An entry @19.45. This is a Buy Stop order right above the 10 day moving average. | An exit @19.10. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.35 points, which is 1.81%. | When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.45%. |
- The distance between exit and entry is rather small compared to the average daily movement of NVRI. Please evaluate whether better entry and exit points can be found.
- 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.
NVRI Technicals: Chart, Performance Metrics, Trend & Indicators
19.23
-0.12 (-0.62%)
ENVIRI CORP / NVRI TA 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 ENVIRI CORP (NVRI) stock?
ENVIRI CORP (NVRI) has an RSI value of 51.6272. 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 neutral.