NOVOCURE LTD (NVCR) Stock Technical Analysis
NASDAQ:NVCR - Nasdaq - JE00BYSS4X48 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to NVCR. 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 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.
NVCR is part of the Health Care Equipment & Supplies industry. There are 191 other stocks in this industry. NVCR outperforms 80% of them.
In the last month NVCR has a been trading in the 14.81 - 19.25 range, which is quite wide. It is currently trading near the high of this range.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, NVCR did better than 83% of all other stocks. However, NVCR's most recent performance is quite weak.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NVCR has an average technical rating and it also does not offer a high quality setup 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
15.03
22.68
When analyzing the support we can see 3 important areas.
- Support @15.73 from a horizontal line in the daily time frame.
- Support @15.45 from a trend line in the daily time frame.
- Support @15.18 from a horizontal line in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.51 to 18.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.46 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
CRS83.22
Mansfield-0.59
10 Day High19.25
10 Day Low15.25
20 Day High19.25
20 Day Low14.81
52 Week High34.13
52 Week Low12.17
Performance
1 Week18.74%
2 Weeks15.05%
1 Month-2.48%
3 Month-29.74%
6 Month10.51%
12 Month46.42%
2 Year-71.93%
3 Year-75.84%
5 Year-71.88%
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)0.4
RSI(14)55.75
LBB14.68
UBB18.59
18.5
-0.05 (-0.27%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-0.27%
1 Week18.74%
2 Weeks15.05%
1 Month-2.48%
3 Month-29.74%
6 Month10.51%
12 Month46.42%
2 Year-71.93%
3 Year-75.84%
5 Year-71.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.21
ATR(20)%6.03%
ATR Inc23.37%
Range Today1.01
ADR(20)1.01
ADR(20)%5.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.22
Mansfield-0.59
10 Day High19.25
10 Day Low15.25
20 Day High19.25
20 Day Low14.81
52 Week High34.13
52 Week Low12.17
CS1 End15.73
CR1 Start18.51
Volume & EV
DER(3)1.65%
DER(5)0.68%
Volume1.01M
Volume Incr53.96%
Vol(5)1.13M
Vol(50)923.31K