Londinia Opportunities Analyses - 06/17/2021 (GMT) NEVRO CORP. - 1H

- USD (-)

- 15 min delayed data - NYSE Stocks

Type:	Stocks
Ticker:	NVRO
ISIN:

Londinia

Oops, I was wrong about that analysis. My threshold for invalidation has been broken.

U.S. Stocks
Timeframe : 1H
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

72%

28%

My opinion

Bullish above 160.00 USD

My targets

166.45 USD (+2.98%)

174.83 USD (+8.16%)

My analysis

The bullish trend is currently very strong on NEVRO CORP.. As long as the price remains above the support at 160.00 USD, you could try to benefit from the boom. The first bullish objective is located at 166.45 USD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 174.83 USD as an objective. Crossing it would then enable buyers to target 184.34 USD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

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

8.4

Analysis too old. There are no more charts available.

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Additional analysis

Quotes

NEVRO CORP. rating 161.64 USD. The price has increased by +1.83% since the last closing and was between 156.84 USD and 162.60 USD. This implies that the price is at +3.06% from its lowest and at -0.59% from its highest.

156.84

162.60

161.64

So that you have an overall view of the price change, here is a table showing the variations over several periods:

Technical

Technical analysis of NEVRO CORP. in 1H 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.

Technical indicators are strongly bullish, suggesting that the price increase should continue.
Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : 1 hour

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	152.64	155.96	160.00	161.64	161.79	166.45	174.83
Change (%)	-5.57%	-3.51%	-1.01%	-	+0.09%	+2.98%	+8.16%
Change	-9.00	-5.68	-1.64	-	+0.15	+4.81	+13.19
Level	Intermediate	Major	Intermediate	-	Intermediate	Minor	Major

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	153.30	154.77	156.75	158.22	160.20	161.67	163.65
Camarilla	157.79	158.11	158.42	158.74	159.06	159.37	159.69
Woodie	153.57	154.90	157.02	158.35	160.47	161.80	163.92
Fibonacci	154.77	156.09	156.90	158.22	159.54	160.35	161.67

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	139.51	143.73	150.96	155.18	162.41	166.63	173.86
Camarilla	155.03	156.08	157.13	158.18	159.23	160.28	161.33
Woodie	141.01	144.48	152.46	155.93	163.91	167.38	175.36
Fibonacci	143.73	148.11	150.81	155.18	159.56	162.26	166.63

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	102.43	121.80	136.25	155.62	170.07	189.44	203.89
Camarilla	141.40	144.50	147.60	150.70	153.80	156.90	160.00
Woodie	99.97	120.57	133.79	154.39	167.61	188.21	201.43
Fibonacci	121.80	134.72	142.70	155.62	168.54	176.52	189.44

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	65.90
MACD (12,26,9):	0.9900
Directional Movement:	2.23
AROON (14):	28.57
DEMA (21):	160.58
Parabolic SAR (0,02-0,02-0,2):	158.01
Elder Ray (13):	1.27
Super Trend (3,10):	156.70
Zig ZAG (10):	161.51
VORTEX (21):	1.0400
Stochastique (14,3,5):	77.81
TEMA (21):	160.90
Williams %R (14):	-18.52
Chande Momentum Oscillator (20):	2.49
Repulse (5,40,3):	1.0200
ROCnROLL:	1
TRIX (15,9):	0.0700
Courbe Coppock:	3.26

MA7:	157.39
MA20:	152.66
MA50:	154.53
MA100:	156.57
MAexp7:	158.11
MAexp20:	159.32
MAexp50:	157.31
MAexp100:	155.20
Price / MA7:	+2.70%
Price / MA20:	+5.88%
Price / MA50:	+4.60%
Price / MA100:	+3.24%
Price / MAexp7:	+2.23%
Price / MAexp20:	+1.46%
Price / MAexp50:	+2.75%
Price / MAexp100:	+4.15%

Quotes : - 15 min delayed data - Actions NYSE

News

The last news published on NEVRO CORP. at the time of the generation of this analysis was as follows: