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 scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 100% of all other stocks performed better in the past year than NVVE.
- 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 trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NVVE has a been trading in the 0.51 - 0.87 range, which is quite wide. It is currently trading near the lows of this range.
NVVE Weekly and Daily overview Charts
NVVE Setup Rating and Analysis
NVVE has a poor technical rating and the quality of the setup is also only medium at the moment. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
NVVE Support and Resistance Analysis
0.58
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | 0.59 | NEGATIVE | NVVE has a low relative strength, it was outperformed by 99.41% 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) | 37.29 | NEUTRAL | The RSI value for NVVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NVVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 29.58 | NEUTRAL | The Stochastics value for NVVE is a neutral value. |
| Average True Range in percent/ATR (20) | 14.58 | HIGH VOLATILITY | The high ATR as a percentage value for NVVE suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for NVVE suggests a weak or negative trend. |
NVVE Chart- and CandleStick Pattern Analysis
NVVE Technicals: Chart, Performance Metrics, Trend & Indicators
0.586
-0.01 (-2.17%)
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 37.2864. This indicates that the stock is currently neutral.
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.