NANOVIRICIDES INC (NNVC) Stock Technical Analysis
NYSEARCA:NNVC - NYSE Arca - US6300873022 - Common Stock - Currency: USD
Overall NNVC gets a technical rating of 8 out of 10. In the last year, NNVC was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
NNVC is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NNVC is one of the better performing stocks in the Biotechnology industry, it outperforms 89% of 566 stocks in the same industry.
In the last month NNVC has a been trading in the 0.94 - 1.48 range, which is quite wide. It is currently trading near the high of this range.
When comparing the yearly performance of all stocks, we notice that NNVC is one of the better performing stocks in the market, outperforming 93% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NNVC has an excellent technical rating, the quality of the presented setup is not ideal 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
1.07
1.53
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.26 to 1.31. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.11 from a horizontal line in the weekly time frame.
- Support @1.08 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.73
Mansfield-0.86
10 Day High1.48
10 Day Low1.02
20 Day High1.48
20 Day Low0.94
52 Week High3.59
52 Week Low0.94
Performance
1 Week6.77%
2 Weeks32.71%
1 Month17.36%
3 Month27.93%
6 Month-5.02%
12 Month29.09%
2 Year6.77%
3 Year-4.7%
5 Year-76.33%
10 Year-95.87%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.03
RSI(14)62.74
LBB0.95
UBB1.52
1.42
+0.07 (+5.19%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg5.19%
1 Week6.77%
2 Weeks32.71%
1 Month17.36%
3 Month27.93%
6 Month-5.02%
12 Month29.09%
2 Year6.77%
3 Year-4.7%
5 Year-76.33%
10 Year-95.87%
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.88%
ATR Inc-52.02%
Range Today0.05
ADR(20)0.09
ADR(20)%6.39%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.73
Mansfield-0.86
10 Day High1.48
10 Day Low1.02
20 Day High1.48
20 Day Low0.94
52 Week High3.59
52 Week Low0.94
CS1 End1.31
CR1 Start1.5
Volume & EV
DER(3)-2.22%
DER(5)1.02%
Volume113.00K
Volume Incr-41.91%
Vol(5)70.28K
Vol(50)164.04K