NVE CORP (NVEC) Stock Technical Analysis
NASDAQ:NVEC - Nasdaq - US6294452064 - Common Stock - Currency: USD
We assign a technical rating of 2 out of 10 to NVEC. NVEC scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
77% of all other stocks performed better in the past year than NVEC.
Warning: NVEC has an average volume of 25870 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NVEC has a been trading in the 67.35 - 78.00 range, which is quite wide. It is currently trading near the high of this range.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
NVEC is part of the Semiconductors & Semiconductor Equipment industry. There are 107 other stocks in this industry, NVEC did better than 41% of them.
NVEC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVEC is lagging the market.
NVEC has a poor technical rating and the quality of the setup is also only medium 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
68.35
89.44
We found 2 important support areas.
- Support @70.35 from a horizontal line in the weekly time frame.
- Support @69.04 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 74.32 to 77.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 85.02 to 85.11. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- A resistance zone ranging from 88.53 to 88.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.87
Mansfield-1.31
10 Day High78
10 Day Low69.64
20 Day High78
20 Day Low67.35
52 Week High90.24
52 Week Low67.35
Performance
1 Week1.19%
2 Weeks2.81%
1 Month2.64%
3 Month-8.83%
6 Month-12.12%
12 Month-9.27%
2 Year-2.84%
3 Year29.06%
5 Year16.67%
10 Year15.85%
15 Year66.04%
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)0.73
RSI(14)47.67
LBB68.5
UBB77.31
73.82
-2.46 (-3.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-3.22%
1 Week1.19%
2 Weeks2.81%
1 Month2.64%
3 Month-8.83%
6 Month-12.12%
12 Month-9.27%
2 Year-2.84%
3 Year29.06%
5 Year16.67%
10 Year15.85%
15 Year66.04%
Volatility
ATR(14)2.34
ATR(20)%3.41%
ATR Inc6.01%
Range Today2.88
ADR(20)2.38
ADR(20)%3.22%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS23.87
Mansfield-1.31
10 Day High78
10 Day Low69.64
20 Day High78
20 Day Low67.35
52 Week High90.24
52 Week Low67.35
CS1 End70.35
CR1 Start74.32
Volume & EV
DER(3)7.01%
DER(5)4.95%
Volume30.90K
Volume Incr-29.41%
Vol(5)20.70K
Vol(50)25.87K