Novus Therapeutics Inc (NVUS) Stock Technical Analysis
NASDAQ:NVUS -
14.6
-0.8 (-5.19%)
15.75
+1.15 (+7.88%)
Overall NVUS gets a technical rating of 0 out of 10. NVUS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NVUS is a bad performer in the overall market: 93% of all stocks are doing better.
In the last month NVUS has a been trading in the 13.61 - 23.99 range, which is quite wide. It is currently trading near the lows of this range.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
NVUS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVUS is lagging the market.
Volume is considerably higher in the last couple of days.
The technical rating of NVUS is bad and it also does not present a 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
7.98
24.41
When analyzing the support we can see 3 important areas.
- Support @14.27 from a trend line in the daily time frame.
- A support zone ranging from 13.80 to 13.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @8.06 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 15.31 to 15.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.17 from a trend line in the daily time frame.
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 NVUS is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVUS is down. |
| ChartMill Relative Strength | 7.67 | NEGATIVE | NVUS has a low relative strength, it was outperformed by 92.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVUS is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVUS is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVUS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.16 | NEUTRAL | The RSI value for NVUS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.27 | NEGATIVE | The MACD value suggests NVUS has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.09 | OVERSOLD | The low Stochastics value suggests NVUS may be oversold. |
| Average True Range in percent/ATR (20) | 11.42 | HIGH VOLATILITY | The high ATR as a percentage value for NVUS suggests high volalility. |
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)
14.6
-0.8 (-5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.19%
1 Week5.72%
2 Weeks-20.31%
1 Month-35.54%
3 Month-11.78%
6 Month67.62%
12 Month-9.36%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.58
ATR(20)%11.42%
ATR Inc-10.37%
Range Today1.17
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.67
Mansfield0.29
10 Day High18.53
10 Day Low13.61
20 Day High23.99
20 Day Low13.61
52 Week High27.32
52 Week Low4.5
CS1 End14.27
CR1 Start15.31
Volume & EV
DER(3)-0.25%
DER(5)0.22%
Volume87.00K
Volume Incr168.98%
Vol(5)63.44K
Vol(50)34.61K