
USA - NASDAQ:NVVEW -
We assign a technical rating of 2 out of 10 to NVVEW. NVVEW scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NVVEW 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.
0.01
We found 2 important support areas.
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 | NEUTRAL | NEUTRAL | The long term trend for NVVEW is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVVEW is neutral. |
| ChartMill Relative Strength | 12.86 | NEGATIVE | NVVEW has a low relative strength, it was outperformed by 87.14% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVVEW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVVEW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NVVEW is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.82 | NEUTRAL | The RSI value for NVVEW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NVVEW has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.68 | NEUTRAL | The Stochastics value for NVVEW is a neutral value. |
| Average True Range in percent/ATR (20) | 21.86 | HIGH VOLATILITY | The high ATR as a percentage value for NVVEW suggests high volalility. |
| Average Directional Index/ADX (14) | 31.34 | POSITIVE | The high ADX value value for NVVEW suggests a strong trend. |
0.0188
-0.01 (-33.33%)
ChartMill assigns a technical rating of 2 / 10 to NVVEW.
The current trend direction for NUVVE HOLDING CORP-CW26 (NVVEW) is Bearish.
NUVVE HOLDING CORP-CW26 (NVVEW) has an RSI value of 49.8179. This indicates that the stock is currently neutral.
The short term momentum for NUVVE HOLDING CORP-CW26 (NVVEW) is neutral.
NUVVE HOLDING CORP-CW26 (NVVEW) has a support level at 0.02. Check the full technical report for our detailed analysis of NVVEW support and resistance levels.