NVENT ELECTRIC PLC (NVT) Technical Analysis
NYSE:NVT • IE00BDVJJQ56
Current stock price
NVT Technical Rating and Analysis
Taking everything into account, NVT scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NVT has proven to be a steady performer, scoring decent points in every aspect analyzed.
- The long and short term trends are both positive. This is looking good!
- When comparing the yearly performance of all stocks, we notice that NVT is one of the better performing stocks in the market, outperforming 95% of all stocks. On top of that, NVT also shows a nice and consistent pattern of rising prices.
- NVT is one of the better performing stocks in the Electrical Equipment industry, it outperforms 78% of 91 stocks in the same industry.
- NVT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
- In the last month NVT has a been trading in the 111.32 - 135.92 range, which is quite wide. It is currently trading near the high of this range.
- NVT has an average volume of 2475480 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NVT Weekly and Daily overview Charts
NVT Setup Rating and Analysis
Although NVT has an excellent technical rating, it does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
NVT Support and Resistance Analysis
95.63
4 important support areas can be observed.
- A support zone ranging from 116.96 to 117.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @113.62 from a trend line in the weekly time frame.
- Support @109.99 from a trend line in the daily time frame.
- Support @96.60 from a horizontal line in the daily time frame.
NVT Technical Indicator Signal Analysis
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 | UP | POSITIVE | The long term trend for NVT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVT is up. |
| ChartMill Relative Strength | 95.29 | POSITIVE | NVT has a high relative strength, it outperformed 95.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.54 | NEUTRAL | The RSI value for NVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.54 | POSITIVE | The MACD value suggests NVT has a positive trend. |
| Stochastics (14,3) | 95.82 | OVERBOUGHT | The high Stochastics value suggests NVT may be overbought. |
| Average True Range in percent/ATR (20) | 4.41 | MEDIUM VOLATILITY | The ATR as a percentage value for NVT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.57 | NEGATIVE | The low ADX value for NVT suggests a weak or negative trend. |
NVT Chart- and CandleStick Pattern Analysis
NVT Technicals: Chart, Performance Metrics, Trend & Indicators
134.48
+1.32 (+0.99%)
NVENT ELECTRIC PLC / NVT TA FAQ
Can you provide the ChartMill technical rating for NVENT ELECTRIC PLC?
ChartMill assigns a technical rating of 10 / 10 to NVT.
Can you provide the trend direction for NVENT ELECTRIC PLC?
The current trend direction for NVENT ELECTRIC PLC (NVT) is Bullish.
What is the RSI signal for NVT stock?
NVENT ELECTRIC PLC (NVT) has an RSI value of 66.5441. This indicates that the stock is currently neutral.
What is the short term momentum for NVT stock?
The short term momentum for NVENT ELECTRIC PLC (NVT) is positive.
What is the buy/sell signal for NVENT ELECTRIC PLC (NVT) stock?
The buy/sell signal for NVENT ELECTRIC PLC (NVT) is buy as both the short term and long term trends are positive.