NUVVE HOLDING CORP (NVVE) Stock Technical Analysis
NASDAQ:NVVE - Nasdaq - US67079Y3080 - Common Stock - Currency: USD
Taking everything into account, NVVE scores 1 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.
99% of all other stocks performed better in the past year than NVVE.
NVVE is part of the Electrical Equipment industry. There are 95 other stocks in this industry, of which 87% are performing better than NVVE.
NVVE is currently trading near the lower end of its 52 week range, which is not a good sign. 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 0.82 - 3.55 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.
NVVE has an average volume of 5975780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
NVVE has a poor technical rating and the quality of the setup is also only medium 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
0.85
0.98
We found 1 important support area.
- Support @0.86 from a horizontal 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 | 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 | 1.51 | NEGATIVE | NVVE has a low relative strength, it was outperformed by 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVVE is below the rising 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) | 46.29 | NEUTRAL | The RSI value for NVVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NVVE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 4.01 | OVERSOLD | The low Stochastics value suggests NVVE may be oversold. |
| Average True Range in percent/ATR (20) | 36.83 | HIGH VOLATILITY | The high ATR as a percentage value for NVVE suggests high volalility. |
| Average Directional Index/ADX (14) | 30.21 | POSITIVE | The high ADX value value for NVVE 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)
0.9698
+0.05 (+4.9%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg4.9%
1 Week-12.61%
2 Weeks-14.91%
1 Month6.59%
3 Month-60.41%
6 Month-72.98%
12 Month-85.11%
2 Year-99.53%
3 Year-99.96%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.47
ATR(20)%36.83%
ATR Inc-57.73%
Range Today0.2
ADR(20)0.31
ADR(20)%32.21%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.51
Mansfield-7.5
10 Day High3.55
10 Day Low0.82
20 Day High3.55
20 Day Low0.82
52 Week High17.3
52 Week Low0.82
CS1 End0.86
CR1 StartN/A
Volume & EV
DER(3)1.35%
DER(5)-2.77%
Volume2.56M
Volume Incr-88.32%
Vol(5)1.68M
Vol(50)5.98M