NVE Corp Technical Analysis (NASDAQ:NVEC)

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$122.51 $4.56 (3.87%) NVEC stock closing price Jun 20, 2018 (Closing)

Technical analysis is based on the study of past price and volume movements of a security with the help of technical stock charts or trading charts. Just by looking at the NVE Corp stock price one can't take a trading decision. A trader needs to find a chart pattern, which is a clear cut pattern formation on the NVEC stock chart which creates a trading signal.

See NVE Corp bollinger bands, SMA - 200 day moving average, 50 day moving average and exponential moving averages. Technical analysis essentially tries to study the supply and demand for a particular security and determine the stock trends for that security. Chartists use stock price movements for this form of NVE Corp stock analysis.

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NVE Corp Moving Average

Moving averages help predict the price direction of NVEC stock based on certain triggers, but with a lag, and form building blocks for other technical indicators like the MACD and bollinger bands. A key factor that impacts moving averages is the lag factor. The 20 day moving average of $111.63 is below the price of $122.51.

NVE Corp Bollinger Bands

Bollinger bands consist of two price bands above and below a center line for any company stock like NVE Corp. The tightening of bands is considered by most traders to be a precursor to sudden increase in volatility. Currently the stock price of $122.51 is in the upper range of NVE Corp bollinger bands.

NVE Corp Moving Average Convergence Divergence or MACD

Two important concepts with respect to moving average convergence divergence or MACD are: crossovers and divergence. When the MACD rises above the signal line, it typically indicates a bullish trend and most likely the stock prices will go up. The NVE Corp MACD indicator is above 0 indicating a bullish trend.

NVE Corp Relative Strength Index

The relative strength index compares the magnitude of recent gains to recent losses and is a momentum indicator. It attempts to assess overbought and oversold conditions of a stock. The relative strength index of NVEC stock is 79.99.