Technical Analysis for NVNO - enVVeno Medical Corporation

Grade Last Price % Change Price Change
F 4.78 -0.42% -0.02
NVNO closed down 0.42 percent on Thursday, April 18, 2024, on 24 percent of normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
Earnings due: May 6
*** please verify all earnings dates ***
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
200 DMA Resistance Bearish -0.42%
Oversold Stochastic Weakness -0.42%
Fell Below 200 DMA Bearish 0.42%
Narrow Range Bar Range Contraction 0.42%
Down 3 Days in a Row Weakness 0.42%
Down 4 Days in a Row Weakness 0.42%
Oversold Stochastic Weakness 0.42%
Stochastic Reached Oversold Weakness -2.85%
Gapped Up Strength -2.85%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout about 6 hours ago
Up 2% about 6 hours ago
200 DMA Resistance about 7 hours ago
Fell Below Previous Day's Low about 7 hours ago
200 DMA Support about 7 hours ago

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Profile

enVVeno Medical Corporation Description

enVVeno Medical is an Irvine, California based medical device company focused on the development of innovative bioprosthetic (tissue-based) solutions to improve the standard of care in the treatment of venous disease. The Company's lead product, the VenoValve®, is a first-in-class implant being developed for the treatment of deep venous Chronic Venous Insufficiency (CVI). In healthy patients, valves inside the veins of the leg assist in propelling blood up the leg, and back to the heart and lungs. Affecting approximately 2.4 million people in the United States, CVI occurs when valves inside of the veins of the leg become damaged, resulting in the backwards flow of blood (reflux), blood pooling in the lower leg, increased pressure in the veins of the leg (venous hypertension) and in severe cases, venous ulcers that are difficult to heal and become chronic. Implanted into the femoral vein, the VenoValve is designed to act as a one-way valve, to help restore proper blood flow in the leg. The VenoValve is currently being evaluated in the SAVVE pivotal study with data expected in late 2022.


Classification

Sector: Healthcare
Industry: Medical Devices
Keywords: Vascular Disease Ulcer Veins Circulatory System Angiology Cardiovascular System Chronic Venous Insufficiency Insufficiency Venous Insufficiency Venous Ulcer

Is NVNO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 6.97
52 Week Low 2.51
Average Volume 147,008
200-Day Moving Average 4.83
50-Day Moving Average 5.49
20-Day Moving Average 5.19
10-Day Moving Average 4.98
Average True Range 0.30
RSI (14) 35.90
ADX 22.55
+DI 13.61
-DI 23.46
Chandelier Exit (Long, 3 ATRs) 5.11
Chandelier Exit (Short, 3 ATRs) 5.62
Upper Bollinger Bands 5.78
Lower Bollinger Band 4.60
Percent B (%b) 0.15
BandWidth 22.66
MACD Line -0.21
MACD Signal Line -0.16
MACD Histogram -0.0465
Fundamentals Value
Market Cap 63.65 Million
Num Shares 13.3 Million
EPS -2.14
Price-to-Earnings (P/E) Ratio -2.23
Price-to-Sales 0.00
Price-to-Book 2.30
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 5.09
Resistance 3 (R3) 5.10 5.02 5.04
Resistance 2 (R2) 5.02 4.94 5.01 5.02
Resistance 1 (R1) 4.90 4.89 4.85 4.88 5.00
Pivot Point 4.81 4.81 4.79 4.80 4.81
Support 1 (S1) 4.69 4.73 4.65 4.68 4.56
Support 2 (S2) 4.61 4.68 4.60 4.54
Support 3 (S3) 4.49 4.61 4.52
Support 4 (S4) 4.47