NVENT ELECTRIC PLC (NVT) Stock Technical Analysis
USA - NYSE:NVT - IE00BDVJJQ56 - Common Stock
98 USD
+0.2 (+0.2%)
97.93 USD
-0.07 (-0.07%)
Overall NVT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
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.
NVT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NVT has an average volume of 1929820 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NVT did better than 86% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
NVT is an average performer in the Electrical Equipment industry, it outperforms 59% of 93 stocks in the same industry.
Besides having an excellent technical rating, NVT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
87.13
101.25
We found 1 important support area.
- A support zone ranging from 88.01 to 88.01. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 98.75 to 100.25. 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 | 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 | 86.51 | POSITIVE | NVT has a high relative strength, it outperformed 86.51% 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) | 58.96 | NEUTRAL | The RSI value for NVT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests NVT has a negative trend. |
| Stochastics (14,3) | 54.91 | NEUTRAL | The Stochastics value for NVT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.83 | MEDIUM VOLATILITY | The ATR as a percentage value for NVT suggests some volalility. |
| Average Directional Index/ADX (14) | 27.04 | POSITIVE | The high ADX value value for NVT suggests a strong 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)
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 |
|---|---|---|---|
| 100.26 | 94.32 | 5.95 (5.93%) | 16.86% |
| An entry @100.26. This is a Buy Stop order right above the resistance zone. | An exit @94.31. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 5.95 points, which is 5.93%. | For a 1.00% total portfolio risk, you can invest 16.86% of your capital in this trade. |
- 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.
98
+0.2 (+0.2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg0.2%
1 Week1.34%
2 Weeks-2.24%
1 Month5.86%
3 Month30.89%
6 Month96.55%
12 Month34.49%
2 Year103.61%
3 Year168.49%
5 Year442.94%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.81
ATR(20)%2.83%
ATR Inc-7.2%
Range Today2.51
ADR(20)2.59
ADR(20)%2.65%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.51
Mansfield2.16
10 Day High101.77
10 Day Low94.33
20 Day High101.77
20 Day Low89.98
52 Week High101.77
52 Week Low41.71
CS1 End88.01
CR1 Start98.75
Volume & EV
DER(3)-0.89%
DER(5)-0.44%
Volume1.79M
Volume Incr-9.85%
Vol(5)1.55M
Vol(50)1.93M