NVE CORP (NVEC)

US6294452064 - Common Stock

78.42  +2.84 (+3.76%)

Premarket: 76.3 -2.12 (-2.7%)

Technical Rating and Analysis

3

We assign a technical rating of 3 out of 10 to NVEC. In the past year, NVEC was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.

62% of all other stocks performed better in the past year than NVEC.
Warning: NVEC has an average volume of 15658 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 73.31 - 83.49 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
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 108 other stocks in this industry, NVEC did better than 66% 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.
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 and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for NVEC 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

66.77

91.08

We found 3 important support areas.

  • A support zone ranging from 77.53 to 78.18. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A support zone ranging from 72.80 to 75.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @67.44 from a horizontal line in the weekly time frame.

We can see 4 important resistance areas.

  • Resistance @82.15 from a trend line in the daily time frame.
  • A resistance zone ranging from 83.85 to 84.00. 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.
  • A resistance zone ranging from 90.18 to 90.18. 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
CRS38.69
Mansfield-1.19
10 Day High83.41
10 Day Low74.12
20 Day High83.49
20 Day Low73.31
52 Week High90.24
52 Week Low69.73
Performance
1 Week2.6%
2 Weeks-4.32%
1 Month2.85%
3 Month-6.64%
6 Month1.58%
12 Month9.96%
2 Year23.09%
3 Year16.58%
5 Year23.32%
10 Year11.11%
15 Year108.29%
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)-0.18
RSI(14)52.07
LBB71.58
UBB84.07
NVEC Daily chart

NVE CORP

NASDAQ:NVEC (11/21/2024, 8:00:02 PM)

Premarket: 76.3 -2.12 (-2.7%)

78.42

+2.84 (+3.76%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.76%
1 Week2.6%
2 Weeks-4.32%
1 Month2.85%
3 Month-6.64%
6 Month1.58%
12 Month9.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.48
ATR(20)%2.88%
ATR Inc
Range Today2.87
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High83.41
10 Day Low74.12
20 Day High83.49
20 Day Low73.31
52 Week High90.24
52 Week Low69.73
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume14.60K
Volume Incr16.94%
Vol(5)16.26K
Vol(50)15.66K