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Novem Group S.A.

NVM.DE Technical Analysis Summary (XETRA)

Analyze NVM.DE on the XETRA with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

NVM.DE●XETRA
Consumer CyclicalAuto - Parts
€2.20
€0.10(4.76%)
German Market is Open · 10:02

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NVM.DE Technical Analysis Summary (XETRA)

Novem Group S.A. (XETRA: NVM.DE) stock currently shows a bullish trend on the XETRA, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 60.65)
Trend Strength:Strong (ADX: 33.88)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$1.71 – $2.28 (Bollinger Bands)

Technical conditions suggest Novem Group S.A. on the XETRA is awaiting a decisive move. Technical conditions suggest Novem Group S.A. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 60.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 86.11

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.86

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.88

Strong
Strong trend, momentum well established.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 121.55

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Novem Group S.A. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.28
Middle Band (SMA 20)
$1.99
Lower Band
$1.71
Current Position
Within Bands

Takeaway:Novem Group S.A. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.17
Middle Line (EMA 20)
$2.00
Lower Channel
$1.82
Squeeze Status
No Squeeze

Takeaway:Novem Group S.A. trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume252.79K
Money Flow Index82.32Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index68.48Bullish, price momentum strongly favors buyers.

Overall Takeaway:NVM.DE shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Novem Group S.A. (XETRA: NVM.DE), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Novem Group S.A. are mixed, suggesting a Hold or wait-and-see approach.

(XETRA: NVM.DE) Technical Analysis FAQ