NUVVE HOLDING CORP (NVVE) Technical Analysis
NASDAQ:NVVE • US67079Y4070
Current stock price
NVVE Technical Rating and Analysis
Overall NVVE gets a technical rating of 0 out of 10. 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.
- 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. 93% of 91 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. 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 0.72 - 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.
- NVVE has an average volume of 3264190 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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. 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
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 | 0.44 | NEGATIVE | NVVE has a low relative strength, it was outperformed by 99.56% 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) | 34.28 | NEUTRAL | The RSI value for NVVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NVVE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 25.59 | NEUTRAL | The Stochastics value for NVVE is a neutral value. |
| Average True Range in percent/ATR (20) | 16.72 | HIGH VOLATILITY | The high ATR as a percentage value for NVVE suggests high volalility. |
| Average Directional Index/ADX (14) | 16.62 | 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
0.8252
-0.07 (-7.77%)
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.
Can you provide the RSI signal for NUVVE HOLDING CORP?
NUVVE HOLDING CORP (NVVE) has an RSI value of 34.283. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for NUVVE HOLDING CORP?
The buy/sell signal for NUVVE HOLDING CORP (NVVE) is sell as both the short term and long term trends are negative.