ENVVENO MEDICAL CORP (NVNO) Stock Technical Analysis
NASDAQ:NVNO - Nasdaq - US29415J1060 - Common Stock - Currency: USD
Taking everything into account, NVNO scores 5 out of 10 in our technical rating. In the past year, NVNO 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.
When comparing the yearly performance of all stocks, NVNO is a bad performer in the overall market: 80% of all stocks are doing better.
NVNO is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NVNO has a been trading in the 2.98 - 3.85 range, which is quite wide. It is currently trading near the high of this range.
NVNO is part of the Health Care Equipment & Supplies industry. There are 190 other stocks in this industry, NVNO did better than 41% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NVNO has an average technical rating and also the quality of the setup is 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
3.11
5.23
When analyzing the support we notice one important area.
- A support zone ranging from 3.14 to 3.17. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
We found 1 important resistance area.
- Resistance @5.18 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
CRS20.65
Mansfield-2.18
10 Day High3.85
10 Day Low2.98
20 Day High3.85
20 Day Low2.98
52 Week High6.97
52 Week Low2.45
Performance
1 Week8.02%
2 Weeks21.22%
1 Month8.02%
3 Month10.56%
6 Month-31.58%
12 Month-35.56%
2 Year-35%
3 Year-25.2%
5 YearN/A
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)0.06
RSI(14)67.71
LBB2.85
UBB3.87
NASDAQ:NVNO (2/21/2025, 8:00:01 PM)
3.77
-0.05 (-1.31%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg-1.31%
1 Week8.02%
2 Weeks21.22%
1 Month8.02%
3 Month10.56%
6 Month-31.58%
12 Month-35.56%
2 Year-35%
3 Year-25.2%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%6.51%
ATR Inc31.56%
Range Today0.27
ADR(20)0.24
ADR(20)%6.48%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.65
Mansfield-2.18
10 Day High3.85
10 Day Low2.98
20 Day High3.85
20 Day Low2.98
52 Week High6.97
52 Week Low2.45
CS1 End3.17
CR1 Start5.18
Volume & EV
DER(3)-1.81%
DER(5)-1.83%
Volume151.30K
Volume Incr43.32%
Vol(5)132.22K
Vol(50)145.84K