NUVVE HOLDING CORP (NVVE) Technical Analysis
NASDAQ:NVVE • US67079Y4070
Current stock price
NVVE Technical Rating and Analysis
Taking everything into account, NVVE scores 0 out of 10 in our technical rating. NVVE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NVVE is a bad performer in the overall market: 100% of all stocks are doing better.
- NVVE is one of the lesser performing stocks in the Electrical Equipment industry. 91% of 92 stocks in the same industry do better.
- NVVE is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NVVE is lagging the market.
- In the last month NVVE has a been trading in the 0.56 - 1.29 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Considerably lower volume is observed in the last couple of days.
NVVE Weekly and Daily overview Charts
NVVE Setup Rating and Analysis
The technical rating of NVVE is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NVVE Support and Resistance Analysis
NVVE 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 | DOWN | NEGATIVE | The long term trend for NVVE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVVE is down. |
| ChartMill Relative Strength | 0.63 | NEGATIVE | NVVE has a low relative strength, it was outperformed by 99.37% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NVVE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVVE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVVE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 27.63 | OVERSOLD | The low RSI value suggests NVVE may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NVVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 5.84 | OVERSOLD | The low Stochastics value suggests NVVE may be oversold. |
| Average True Range in percent/ATR (20) | 17.77 | HIGH VOLATILITY | The high ATR as a percentage value for NVVE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.58 | NEUTRAL | The ADX value for NVVE suggests a possible start of a new trend. |
NVVE Chart- and CandleStick Pattern Analysis
NVVE Technicals: Chart, Performance Metrics, Trend & Indicators
0.5761
-0.09 (-13.33%)
NUVVE HOLDING CORP / NVVE TA FAQ
What is the technical rating for NVVE stock?
ChartMill assigns a technical rating of 0 / 10 to NVVE.
What is the current trend direction of NUVVE HOLDING CORP (NVVE) stock?
The current trend direction for NUVVE HOLDING CORP (NVVE) is Bearish.
What is the RSI signal for NVVE stock?
NUVVE HOLDING CORP (NVVE) has an RSI value of 27.6295. This indicates that the stock is currently oversold.
What is the short term momentum for NUVVE HOLDING CORP (NVVE) stock?
The short term momentum for NUVVE HOLDING CORP (NVVE) is negative.
What is the buy/sell signal for NUVVE HOLDING CORP (NVVE) stock?
The buy/sell signal for NUVVE HOLDING CORP (NVVE) is sell as both the short term and long term trends are negative.