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NEVRO CORP (NVRO) Stock Technical Analysis

NYSE:NVRO - New York Stock Exchange, Inc. - US64157F1030 - Common Stock - Currency: USD

5.84  0 (0%)

After market: 5.8401 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, NVRO scores 7 out of 10 in our technical rating. NVRO has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

NVRO is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NVRO is lagging the market.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NVRO is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 76% of 189 stocks in the same industry.
NVRO has an average volume of 1348480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NVRO is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
In the last month NVRO has a been trading in a tight range between 5.73 and 5.86.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NEVRO CORP / NVRO Weekly stock chart
NEVRO CORP / NVRO Daily stock chart
Setup Rating and Analysis

7

NVRO has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. 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 5.85. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 5.83, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.65

5.92

When analyzing the support we notice one important area.

  • A support zone ranging from 5.71 to 5.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 5.85 to 5.86. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.33
Mansfield-1.33
10 Day High5.86
10 Day Low5.77
20 Day High5.86
20 Day Low5.73
52 Week High13.84
52 Week Low3.17
Performance
1 Week-0.17%
2 Weeks1.04%
1 Month0.86%
3 Month57.41%
6 Month17.51%
12 Month-56.06%
2 Year-80.05%
3 Year-90.53%
5 Year-95.04%
10 Year-87.03%
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.02
RSI(14)69.9
LBB5.75
UBB5.87
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.

ENTRYEXITDISTANCECAPITAL
5.875.760.11 (1.87%)25.00%
An entry @5.87. This is a Buy Stop order right above the resistance zone.An exit @5.76. This is a Stop Loss order right below the 10 day low.The worst case loss on the trade is limited to 0.11 points, which is 1.87%.When investing 25.00% of your capital in this trade, your total portfolio risk will be 0.47%.

  • 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.
NEVRO CORP / NVRO Daily stock chart

NEVRO CORP

NYSE:NVRO (4/2/2025, 8:04:00 PM)

After market: 5.8401 0 (0%)

5.84

0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0%
1 Week-0.17%
2 Weeks1.04%
1 Month0.86%
3 Month57.41%
6 Month17.51%
12 Month-56.06%
2 Year-80.05%
3 Year-90.53%
5 Year-95.04%
10 Year-87.03%
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%0.48%
ATR Inc-48.15%
Range Today0.02
ADR(20)0.03
ADR(20)%0.45%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.33
Mansfield-1.33
10 Day High5.86
10 Day Low5.77
20 Day High5.86
20 Day Low5.73
52 Week High13.84
52 Week Low3.17
CS1 End5.83
CR1 Start5.85
Volume & EV
DER(3)-1.94%
DER(5)0.07%
Volume753.60K
Volume Incr-70.26%
Vol(5)418.50K
Vol(50)1.35M