NOVOCURE LTD (NVCR) Stock Technical Analysis
NASDAQ:NVCR - Nasdaq - JE00BYSS4X48 - Common Stock - Currency: USD
Overall NVCR gets a technical rating of 2 out of 10. Although NVCR is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NVCR is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NVCR is one of the better performing stocks in the Health Care Equipment & Supplies industry, it outperforms 85% of 190 stocks in the same industry.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
When comparing the yearly performance of all stocks, we notice that NVCR is one of the better performing stocks in the market, outperforming 91% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NVCR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVCR is lagging the market.
Although the technical rating is bad, NVCR does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 22.08, a Stop Loss order could be placed below this zone.
More info and screens
16.74
27.93
3 important support areas can be observed.
- A support zone ranging from 21.83 to 22.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @21.21 from a horizontal line in the daily time frame.
- Support @16.91 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 22.48 to 22.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @27.65 from a trend line 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
CRS91.79
Mansfield0.58
10 Day High23.18
10 Day Low20.72
20 Day High27.11
20 Day Low20.72
52 Week High34.13
52 Week Low11.7
Performance
1 Week1.75%
2 Weeks-3.66%
1 Month-18.25%
3 Month24.59%
6 Month22.59%
12 Month45.14%
2 Year-71.3%
3 Year-73.01%
5 Year-69.64%
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)0.01
RSI(14)36.77
LBB20.53
UBB24.16
22.09
+0.44 (+2.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg2.03%
1 Week1.75%
2 Weeks-3.66%
1 Month-18.25%
3 Month24.59%
6 Month22.59%
12 Month45.14%
2 Year-71.3%
3 Year-73.01%
5 Year-69.64%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.88
ATR(20)%4.29%
ATR Inc-20.01%
Range Today0.76
ADR(20)0.93
ADR(20)%4.2%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.79
Mansfield0.58
10 Day High23.18
10 Day Low20.72
20 Day High27.11
20 Day Low20.72
52 Week High34.13
52 Week Low11.7
CS1 End22.08
CR1 Start22.48
Volume & EV
DER(3)0.12%
DER(5)0.94%
Volume1.03M
Volume Incr-2.2%
Vol(5)751.92K
Vol(50)925.85K