NVE CORP (NVEC)

US6294452064 - Common Stock

77.5  +1.34 (+1.76%)

Premarket: 78 +0.5 (+0.65%)

Technical Rating and Analysis

2

Overall NVEC gets a technical rating of 2 out of 10. NVEC has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.

In the last month NVEC has a been trading in the 74.72 - 83.83 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Warning: NVEC has an average volume of 17274 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When comparing the performance of all stocks over the past year, NVEC turns out to be only a medium performer in the overall market: it outperformed 42% of all stocks.
NVEC is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, NVEC did better than 59% of them.
NVEC 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 NVEC is lagging the market slightly.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NVEC Weekly chart
NVEC Daily chart
Setup Rating and Analysis

7

Although the technical rating is bad, NVEC does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 75.48, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NVEC in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
Support and Resistance Analysis

72.07

89.44

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 74.38 to 75.48. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 72.80 to 73.06. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 77.76 to 78.13. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 80.36 to 81.00. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • A resistance zone ranging from 82.95 to 85.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @88.55 from a horizontal line in the weekly time frame.
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
CRS42.89
Mansfield-1.1
10 Day High83.49
10 Day Low75.3
20 Day High83.83
20 Day Low74.72
52 Week High90.24
52 Week Low69.86
Performance
1 Week-0.67%
2 Weeks1.8%
1 Month-1.17%
3 Month0.43%
6 Month8.51%
12 Month-3.45%
2 Year19.69%
3 Year13.47%
5 Year8.54%
10 Year9.48%
15 Year87.74%
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)49.13
LBB75.26
UBB79.82
NVEC Daily chart

NVE CORP

NASDAQ:NVEC (12/20/2024, 8:00:01 PM)

Premarket: 78 +0.5 (+0.65%)

77.5

+1.34 (+1.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg1.76%
1 Week-0.67%
2 Weeks1.8%
1 Month-1.17%
3 Month0.43%
6 Month8.51%
12 Month-3.45%
2 Year19.69%
3 Year13.47%
5 Year8.54%
10 Year9.48%
15 Year87.74%
Volatility
ATR(14)2.48
ATR(20)%3.31%
ATR Inc56.87%
Range Today3.14
ADR(20)2.39
ADR(20)%3.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS42.89
Mansfield-1.1
10 Day High83.49
10 Day Low75.3
20 Day High83.83
20 Day Low74.72
52 Week High90.24
52 Week Low69.86
CS1 End75.48
CR1 Start77.76
Volume & EV
DER(3)3.83%
DER(5)2.8%
Volume63.80K
Volume Incr108.69%
Vol(5)35.70K
Vol(50)17.27K