We assign a technical rating of 0 out of 10 to NVVE. 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.
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 upside lately. For a nice entry it is better to wait for a consolidation.
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4.66
When analyzing the resistance we notice one important area.
- Resistance @8.82 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 | DOWN | NEGATIVE | The long term trend for NVVE is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVVE is neutral. |
| ChartMill Relative Strength | 1.46 | NEGATIVE | NVVE has a low relative strength, it was outperformed by 98.54% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NVVE is above 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) | 51.44 | NEUTRAL | The RSI value for NVVE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.26 | POSITIVE | The MACD value suggests NVVE has a positive trend. |
| Stochastics (14,3) | 48.58 | NEUTRAL | The Stochastics value for NVVE is a neutral value. |
| Average True Range in percent/ATR (20) | 17.55 | HIGH VOLATILITY | The high ATR as a percentage value for NVVE suggests high volalility. |
| Average Directional Index/ADX (14) | 15.86 | NEGATIVE | The low ADX value for NVVE suggests a weak or negative trend. |
4.71
+1.2 (+34.19%)
NUVVE HOLDING CORP / NVVE 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 51.44. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NUVVE HOLDING CORP?
NUVVE HOLDING CORP (NVVE) has a resistance level at 8.82. Check the full technical report for our detailed analysis of NVVE support and resistance levels.