NUVASIVE INC. - Daily - Technical analysis published on 01/14/2020 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
NUVASIVE INC. Chart
Summary of the analysis
Trends
Court terme:
Strongly bullish
De fond:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 75.83 USD
My targets
82.07 USD (+1.64%)
86.16 USD (+6.70%)
My analysis
NUVASIVE INC. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 75.83 USD. The next resistance located at 82.07 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 86.16 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
FORCE
0
10
8.6
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This analysis was given by Vincent Launay.
Additional analysis
Quotes
NUVASIVE INC. rating 80.75 USD. On the day, this instrument gained +0.82% and was traded between 79.38 USD and 80.83 USD over the period. The price is currently at +1.73% from its lowest and -0.10% from its highest.79.38
80.83
80.75
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of NUVASIVE INC. in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
An assessment of technical indicators shows a strong bullish signal.
Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Daily
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
CCI indicator: bearish divergence
Type : Bearish
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 68.18 | 71.41 | 75.83 | 80.75 | 81.11 |
| Change (%) | -15.57% | -11.57% | -6.09% | - | +0.45% |
| Change | -12.57 | -9.34 | -4.92 | - | +0.36 |
| Level | Major | Major | Intermediate | - | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 77.79 | 78.44 | 79.26 | 79.91 | 80.73 | 81.38 | 82.20 |
| Camarilla | 79.69 | 79.82 | 79.96 | 80.09 | 80.23 | 80.36 | 80.49 |
| Woodie | 77.89 | 78.48 | 79.36 | 79.95 | 80.83 | 81.42 | 82.30 |
| Fibonacci | 78.44 | 79.00 | 79.35 | 79.91 | 80.47 | 80.82 | 81.38 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 73.28 | 74.82 | 77.46 | 79.00 | 81.64 | 83.18 | 85.82 |
| Camarilla | 78.94 | 79.32 | 79.71 | 80.09 | 80.47 | 80.86 | 81.24 |
| Woodie | 73.82 | 75.10 | 78.00 | 79.28 | 82.18 | 83.46 | 86.36 |
| Fibonacci | 74.82 | 76.42 | 77.41 | 79.00 | 80.60 | 81.59 | 83.18 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 66.81 | 69.17 | 73.26 | 75.62 | 79.71 | 82.07 | 86.16 |
| Camarilla | 75.57 | 76.16 | 76.75 | 77.34 | 77.93 | 78.52 | 79.11 |
| Woodie | 67.67 | 69.60 | 74.12 | 76.05 | 80.57 | 82.50 | 87.02 |
| Fibonacci | 69.17 | 71.64 | 73.16 | 75.62 | 78.09 | 79.61 | 82.07 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 78.11 | |
| MACD (12,26,9): | 1.6500 | |
| Directional Movement: | 14.02 | |
| AROON (14): | 42.86 | |
| DEMA (21): | 79.76 | |
| Parabolic SAR (0,02-0,02-0,2): | 75.97 | |
| Elder Ray (13): | 1.69 | |
| Super Trend (3,10): | 75.58 | |
| Zig ZAG (10): | 80.75 | |
| VORTEX (21): | 1.1900 | |
| Stochastique (14,3,5): | 93.50 | |
| TEMA (21): | 79.94 | |
| Williams %R (14): | -1.38 | |
| Chande Momentum Oscillator (20): | 3.05 | |
| Repulse (5,40,3): | 3.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.2900 | |
| Courbe Coppock: | 6.84 |
| MA7: | 78.93 | |
| MA20: | 77.69 | |
| MA50: | 74.51 | |
| MA100: | 69.57 | |
| MAexp7: | 79.29 | |
| MAexp20: | 77.58 | |
| MAexp50: | 74.48 | |
| MAexp100: | 70.69 | |
| Price / MA7: | +2.31% | |
| Price / MA20: | +3.94% | |
| Price / MA50: | +8.37% | |
| Price / MA100: | +16.07% | |
| Price / MAexp7: | +1.84% | |
| Price / MAexp20: | +4.09% | |
| Price / MAexp50: | +8.42% | |
| Price / MAexp100: | +14.23% |
News
Don"t forget to follow the news on NUVASIVE INC.. At the time of publication of this analysis, the latest news was as follows:
- NuVasive Announces Preliminary Unaudited Fourth Quarter and Full Year 2019 Revenue Results
- NuVasive to Participate in 38th Annual J.P. Morgan Healthcare Conference
- NuVasive Appoints Matthew K. Harbaugh as Chief Financial Officer
- NuVasive to Present at the 31st Annual Piper Jaffray Healthcare Conference
- NuVasive Receives FDA Clearance for Expanded Multi-Level Use of CoRoent Small Interlock™ System for the Cervical Spine
This member declared not having a position on this financial instrument or a related financial instrument.
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