ENVISTA HOLDINGS CORP (NVST) Stock Technical Analysis
USA - NYSE:NVST - US29415F1049 - Common Stock
We assign a technical rating of 2 out of 10 to NVST. NVST's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NVST has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 21.33. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 19.55, a Stop Loss order could be placed below this zone.
More info and screens
18.70
We found 2 important support areas.
- A support zone ranging from 19.47 to 19.55. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 18.89 to 19.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 21.33 to 21.79. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | NEUTRAL | NEUTRAL | The short term trend for NVST is neutral. |
| ChartMill Relative Strength | 32.36 | 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) | DOWN | NEGATIVE | The current price of NVST is below a declining 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) | 50.46 | NEUTRAL | The RSI value for NVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NVST has a positive trend. |
| Stochastics (14,3) | 52.03 | NEUTRAL | The Stochastics value for NVST is a neutral value. |
| Average True Range in percent/ATR (20) | 3.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NVST suggests some volalility. |
| Average Directional Index/ADX (14) | 11.17 | NEGATIVE | The low ADX value for NVST suggests a weak or negative trend. |
20.12
-0.09 (-0.45%)
ENVISTA HOLDINGS CORP / NVST FAQ
What is the technical rating for NVST stock?
ChartMill assigns a technical rating of 2 / 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 50.4636. 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 19.55 and a resistance level at 21.33. Check the full technical report for our detailed analysis of NVST support and resistance levels.