We assign a technical rating of 0 out of 10 to NVVE. NVVE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NVVE is a bad performer in the overall market: 98% of all stocks are doing better.
NVVE is one of the lesser performing stocks in the Electrical Equipment industry. 83% of 92 stocks in the same industry do better.
NVVE is currently trading near the lower end of its 52 week range, which is not a good sign. NVVE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NVVE has a been trading in the 1.44 - 5.02 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NVVE has an average volume of 1664630 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.