ENVISTA HOLDINGS CORP (NVST) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NVST - US29415F1049 - Common Stock
Taking everything into account, NVST scores 5 out of 10 in our technical rating. In the last year, NVST was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
NVST has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.25
4 important support areas can be observed.
- Support @20.85 from a horizontal line in the daily time frame.
- A support zone ranging from 19.77 to 20.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 18.89 to 19.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @18.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- Resistance @21.27 from a trend line in the weekly time frame.
- Resistance @21.62 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 22.29 to 22.33. 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 NVST is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVST is up. |
| ChartMill Relative Strength | 35.76 | NEUTRAL | NVST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVST is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVST is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NVST is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 63.28 | NEUTRAL | The RSI value for NVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NVST has a positive trend. |
| Stochastics (14,3) | 92.35 | OVERBOUGHT | The high Stochastics value suggests NVST may be overbought. |
| Average True Range in percent/ATR (20) | 3.29 | MEDIUM VOLATILITY | The ATR as a percentage value for NVST suggests some volalility. |
| Average Directional Index/ADX (14) | 14.77 | NEGATIVE | The low ADX value for NVST suggests a weak or negative trend. |
20.99
-0.06 (-0.29%)
ENVISTA HOLDINGS CORP / NVST FAQ
What is the technical rating for NVST stock?
ChartMill assigns a technical rating of 5 / 10 to NVST.
What is the trend direction for NVST stock?
The current trend direction for ENVISTA HOLDINGS CORP (NVST) is Bearish.
What is the RSI signal for NVST stock?
ENVISTA HOLDINGS CORP (NVST) has an RSI value of 63.2781. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for ENVISTA HOLDINGS CORP?
ENVISTA HOLDINGS CORP (NVST) has a support level at 20.85 and a resistance level at 21.27. Check the full technical report for our detailed analysis of NVST support and resistance levels.