NYSE:NVRO - New York Stock Exchange, Inc. - US64157F1030 - Common Stock - Currency: USD
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 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.
5.65
When analyzing the support we notice one important area.
We found 1 important resistance area.
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 |
---|---|---|---|
5.87 | 5.76 | 0.11 (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%. |
5.84
0 (0%)