NVENT ELECTRIC PLC (NVT) Technical Analysis
NYSE:NVT • IE00BDVJJQ56
Current stock price
109.93 USD
+2.06 (+1.91%)
At close:
109.93 USD
0 (0%)
After Hours:
NVT Technical Rating and Analysis
Taking everything into account, NVT scores 6 out of 10 in our technical rating. In the last year, NVT was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- NVT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
- Looking at the yearly performance, NVT did better than 92% of all other stocks. We also observe that the gains produced by NVT over the past year are nicely spread over this period.
- NVT is part of the Electrical Equipment industry. There are 91 other stocks in this industry. NVT outperforms 77% of them.
- NVT is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NVT is performing more or less in line with the market.
- NVT has an average volume of 2292670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NVT Weekly and Daily overview Charts
NVT Setup Rating and Analysis
NVT has only a medium 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 106.02, a Stop Loss order could be placed below this zone.
More info and screens
NVT Support and Resistance Analysis
94.04
123.02
We found 4 important support areas.
- A support zone ranging from 106.00 to 106.02. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 99.70 to 100.25. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @96.60 from a horizontal line in the daily time frame.
- Support @94.99 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 109.94 to 111.99. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @121.80 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 | NEUTRAL | NEUTRAL | The long term trend for NVT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVT is down. |
| ChartMill Relative Strength | 92.87 | POSITIVE | NVT has a high relative strength, it outperformed 92.87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NVT is below 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) | 46.02 | NEUTRAL | The RSI value for NVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.98 | NEGATIVE | The MACD value suggests NVT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 35.25 | NEUTRAL | The Stochastics value for NVT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.38 | MEDIUM VOLATILITY | The ATR as a percentage value for NVT suggests some volalility. |
| Average Directional Index/ADX (14) | 17.15 | NEGATIVE | The low ADX value for NVT suggests a weak or negative trend. |
NVT Chart- and CandleStick Pattern Analysis
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)
NVT Example Setup
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 |
|---|---|---|---|
| 112.00 | 105.99 | 6.01 (5.37%) | 18.64% |
| An entry @112.00. This is a Buy Stop order right above the resistance zone. | An exit @105.99. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 6.01 points, which is 5.37%. | When investing 18.64% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NVT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NVT Technicals: Chart, Performance Metrics, Trend & Indicators
109.93
+2.06 (+1.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.91%
1 Week3.69%
2 Weeks-7.12%
1 Month-1.76%
3 Month8.08%
6 Month15.98%
12 Month93.95%
2 Year45.8%
3 Year156.01%
5 Year293.87%
10 YearN/A
15 YearN/A
Volatility
ATR(14)5.27
ATR(20)%4.38%
ATR Inc-32.45%
Range Today3.07
ADR(20)4.36
ADR(20)%3.97%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.87
3 months CRS84.16
6 months CRS84.62
Mansfield2.08
10 Day High120.72
10 Day Low102.4
20 Day High122.92
20 Day Low102.4
52 Week High122.92
52 Week Low41.71
CS1 End106.02
CR1 Start109.94
Volume & EV
DER(3)0.41%
DER(5)1.55%
Volume2.60M
Volume Incr-10.76%
Vol(5)2.32M
Vol(50)2.29M
NVENT ELECTRIC PLC / NVT TA FAQ
Can you provide the ChartMill technical rating for NVENT ELECTRIC PLC?
ChartMill assigns a technical rating of 6 / 10 to NVT.
Can you provide the trend direction for NVENT ELECTRIC PLC?
The current trend direction for NVENT ELECTRIC PLC (NVT) is Bearish.
Can you provide the RSI signal for NVENT ELECTRIC PLC?
NVENT ELECTRIC PLC (NVT) has an RSI value of 46.0166. This indicates that the stock is currently neutral.
What are the support and resistance levels for NVENT ELECTRIC PLC (NVT) stock?
NVENT ELECTRIC PLC (NVT) has a support level at 106.02 and a resistance level at 109.94. Check the full technical report for our detailed analysis of NVT support and resistance levels.