ENVISTA HOLDINGS CORP (NVST) Stock Technical Analysis
USA - NYSE:NVST - US29415F1049 - Common Stock
19.96 USD
+0.23 (+1.17%)
19.96 USD
0 (0%)
We assign a technical rating of 1 out of 10 to NVST. NVST has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
NVST has an average volume of 1814420 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
When compared to the yearly performance of all other stocks, NVST outperforms 56% of them, which is more or less in line with the market.
NVST is an average performer in the Health Care Equipment & Supplies industry, it outperforms 66% of 191 stocks in the same industry.
NVST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVST is lagging the market.
In the last month NVST has a been trading in the 18.77 - 21.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVST has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 19.23, a Stop Loss order could be placed below this zone.
More info and screens
18.25
22.55
We found 2 important support areas.
- A support zone ranging from 18.89 to 19.23. 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.
- A resistance zone ranging from 20.19 to 20.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 21.46 to 21.77. 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 | DOWN | NEGATIVE | The short term trend for NVST is down. |
| ChartMill Relative Strength | 56.21 | NEUTRAL | NVST is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVST is below a declining 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) | UP | POSITIVE | The current price of NVST is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 46.11 | NEUTRAL | The RSI value for NVST is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NVST has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 40.35 | NEUTRAL | The Stochastics value for NVST is a neutral value. |
| Average True Range in percent/ATR (20) | 2.88 | MEDIUM VOLATILITY | The ATR as a percentage value for NVST suggests some volalility. |
| Average Directional Index/ADX (14) | 16.72 | NEGATIVE | The low ADX value for NVST suggests a weak or negative trend. |
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)
19.96
+0.23 (+1.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg1.17%
1 Week4.72%
2 Weeks-4.27%
1 Month-4.63%
3 Month2.31%
6 Month31.49%
12 Month5.72%
2 Year-14.22%
3 Year-39.53%
5 Year-24.45%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.61
ATR(20)%2.88%
ATR Inc-26.11%
Range Today0.36
ADR(20)0.55
ADR(20)%2.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS56.21
Mansfield-0.66
10 Day High21.05
10 Day Low18.77
20 Day High21.31
20 Day Low18.77
52 Week High23
52 Week Low14.22
CS1 End19.23
CR1 Start20.19
Volume & EV
DER(3)2.56%
DER(5)0.76%
Volume1.54M
Volume Incr-16.19%
Vol(5)1.75M
Vol(50)1.81M