NUVATION BIO INC (NUVB)

US67080N1019 - Common Stock

2.89  +0.3 (+11.58%)

After market: 2.95 +0.06 (+2.08%)

Technical Rating and Analysis

7

Taking everything into account, NUVB scores 7 out of 10 in our technical rating. In the last year, NUVB 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.

NUVB is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 92% of 191 stocks in the same industry.
NUVB has an average volume of 2314560 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the yearly performance of all stocks, we notice that NUVB 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.
NUVB is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NUVB is lagging the market slightly.
In the last month NUVB has a been trading in the 2.51 - 2.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NUVB Weekly chart
NUVB Daily chart
Setup Rating and Analysis

6

NUVB has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. We notice that large players showed an interest for NUVB in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

2.42

3.69

5 important support areas can be observed.

  • Support @2.88 from a trend line in the daily time frame.
  • Support @2.78 from a trend line in the weekly time frame.
  • A support zone ranging from 2.72 to 2.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 2.56 to 2.60. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @2.44 from a trend line in the weekly time frame.

When analyzing the resistance we notice 4 important areas.

  • Resistance @2.91 from a horizontal line in the weekly time frame.
  • Resistance @3.02 from a horizontal line in the daily time frame.
  • Resistance @3.07 from a horizontal line in the daily time frame.
  • A resistance zone ranging from 3.64 to 3.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.23
Mansfield-0.11
10 Day High2.89
10 Day Low2.57
20 Day High2.99
20 Day Low2.51
52 Week High4.16
52 Week Low1.43
Performance
1 Week2.48%
2 Weeks10.73%
1 Month5.09%
3 Month19.92%
6 Month-4.62%
12 Month93.96%
2 Year17.48%
3 Year-52.62%
5 YearN/A
10 YearN/A
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
RSI(14)57.48
LBB2.53
UBB2.89
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.922.870.05 (1.71%)25.00%
An entry @2.92. This is a Buy Stop order right above the resistance zone.An exit @2.87. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 0.05 points, which is 1.71%.For a 0.43% total portfolio risk, you can invest 25.00% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of NUVB. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NUVB Daily chart

NUVATION BIO INC

NYSE:NUVB (1/3/2025, 8:04:01 PM)

After market: 2.95 +0.06 (+2.08%)

2.89

+0.3 (+11.58%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg11.58%
1 Week2.48%
2 Weeks10.73%
1 Month5.09%
3 Month19.92%
6 Month-4.62%
12 Month93.96%
2 Year17.48%
3 Year-52.62%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%6.08%
ATR Inc36.73%
Range Today0.29
ADR(20)0.17
ADR(20)%5.99%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.23
Mansfield-0.11
10 Day High2.89
10 Day Low2.57
20 Day High2.99
20 Day Low2.51
52 Week High4.16
52 Week Low1.43
CS1 End2.88
CR1 Start2.91
Volume & EV
DER(3)8.46%
DER(5)9.39%
Volume1.85M
Volume Incr-38.78%
Vol(5)1.48M
Vol(50)2.31M