ENVISTA HOLDINGS CORP (NVST)
US29415F1049 - Common Stock
We assign a technical rating of 7 out of 10 to NVST. This is due to a decent performance in both the short and longer term time frames. Compared to the overall market however, NVST is a bad performer.
When comparing the yearly performance of all stocks, NVST is a bad performer in the overall market: 62% of all stocks are doing better.
Both the short term and long term trends are positive. This is a very positive sign.
NVST has an average volume of 2051720 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NVST is part of the Health Care Equipment & Supplies industry. There are 188 other stocks in this industry, NVST did better than 56% of them.
NVST is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVST is lagging the market.
In the last month NVST has a been trading in the 18.65 - 23.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVST has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 21.49. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 20.73, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- 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.
More info and screens
18.91
22.11
2 important support areas can be observed.
- A support zone ranging from 20.08 to 20.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @19.10 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 21.49 to 21.89. 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
CRS38.86
Mansfield-0.59
10 Day High21.7
10 Day Low19.94
20 Day High23
20 Day Low18.65
52 Week High25.64
52 Week Low15.15
Performance
1 Week4.42%
2 Weeks5.35%
1 Month13.71%
3 Month14.87%
6 Month17.7%
12 Month-10.87%
2 Year-37.05%
3 Year-44.64%
5 Year-23.61%
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
RSI(14)62.97
LBB19.73
UBB21.86
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 21.90 | 20.07 | 1.83 (8.36%) | 11.97% |
| An entry @21.90. This is a Buy Stop order right above the resistance zone. | An exit @20.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.83 points, which is 8.36%. | For a 1.00% total portfolio risk, you can invest 11.97% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
ENVISTA HOLDINGS CORP
NYSE:NVST (11/22/2024, 6:30:00 PM)
After market: 21.48 0 (0%)21.48
+0.09 (+0.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg0.42%
1 Week4.42%
2 Weeks5.35%
1 Month13.71%
3 Month14.87%
6 Month17.7%
12 Month-10.87%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%3.96%
ATR Inc
Range Today0.48
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 High21.7
10 Day Low19.94
20 Day High23
20 Day Low18.65
52 Week High25.64
52 Week Low15.15
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.12M
Volume Incr-24.21%
Vol(5)1.80M
Vol(50)2.05M