Technical analysis from Nevsun Resources Ltd (NSU, AMEX:NSU) on the American Stock Exchange (AMEX). Download the latest price data & trading signals

Nevsun Resources Ltd
+ Share

NSU: Percentage Volume Oscillator [Bearish]
Percentage Volume /
NSU: Percentage Volume Oscillator [Bearish]

NSU: PVO Current Signal -> (1) 25 Apr: BEARISH (2) 24 Apr: BEARISH CROSSOVER (3) 23 Apr: BEARISH CROSSOVER

Signal line is still above the EMA for Nevsun Resources Ltd producing positive momentum
Percentage Price /
Signal line is still above the EMA for Nevsun Resources Ltd producing positive momentum

[BULLISH]: Nevsun Resources Ltd currently has positive PPO 3.7000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Simple Moving Average /
[Bearish]: SMA(5) is serving as a resistance line for Nevsun Resources Ltd

[BULLISH]: Nevsun Resources Ltd currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.8%.

High Price /
Nevsun Resources Ltd: Daily high performance is 1.9 % [Uptrend]

NSU: HIGH Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: NEUTRAL (3) 23 Apr: BEARISH

Low Price /
Recent trading for Nevsun Resources Ltd fell short of the previous low by -0.4 %

[BULLISH]: Nevsun Resources Ltd current downtrend in the first timeframe. Currently, the Low is $2.6400 (-0.4 %).

Fibonacci Extensions /
The 161.8% Fibonacci extension level for NSU has moved to the lower limit. Stoploss should be positioned @$135.6800

Nevsun Resources Ltd has moved below the 161.8% level ($123.9800) [Bullish]. Look for a long limit order entry near this point. Exit price for NSU should be set @$112.2800 & Stoploss for Nevsun Resources Ltd should be set at $135.6800

Top companies for
American Stock Exchange
Advertisment
Woodie Pivot Point /
Limit order for a long position has been identified for Nevsun Resources Ltd [Bullish]

Nevsun Resources Ltd has broken the first Woodie resistance point ($2.7300) [Bullish]. Look for a long limit order entry near this point. Exit price for NSU should be set @$2.7850 & Stoploss for Nevsun Resources Ltd should be set at $2.5850

Drawdown for Nevsun Resources Ltd is currently low signalling low stress
Ulcer Index /
Drawdown for Nevsun Resources Ltd is currently low signalling low stress

[BEARISH]: Nevsun Resources Ltd UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.5430.

Nevsun Resources Ltd: Daily volume is 368100 [Higher Volume]
Volume /
Nevsun Resources Ltd: Daily volume is 368100 [Higher Volume]

[BULLISH]: Nevsun Resources Ltd current volume uptrend in the first timeframe. Volume for NSU is368100 (54.5).

Opening Price /
Nevsun Resources Ltd: Daily opening price is $2.6700

[BULLISH]: Nevsun Resources Ltd opening price has gapped up. Currently, the OPEN is $2.6700 (-0.4 %).

MACD /
NSU: Moving Average Convergence Divergence [Bearish Crossover]

NSU: MACD Current Signal -> (1) 25 Apr: BEARISH CROSSOVER (2) 24 Apr: BULLISH CROSSOVER (3) 23 Apr: BULLISH CROSSOVER

MACD Volume /
Volume MACD for Nevsun Resources Ltd continues to lose momentum @-56251.0000

[BEARISH]: Nevsun Resources Ltd currently has negative Volume MACD of -56251.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Daily trading performance for NSU has initiated a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for NSU has initiated a short term uptrend

[BULLISH]: Nevsun Resources Ltdbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for NSU adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3.2 & the greatest daily positive change this year has been 5.3. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 17%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 8.3%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.2x. Over the last month the average daily upward movement has been 1.700000%

Price is now trading above the Exponential Moving Average(5) for NSU
Exponential Moving Average /
Price is now trading above the Exponential Moving Average(5) for NSU

[BULLISH]: Nevsun Resources Ltd currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.8%.

Bill Williams Market Facilitation /
[Green Day]: Both MFI & volume are up for Nevsun Resources Ltd

NSU: BWMF Recent Trading -> (1) 25 Apr: Green Day (2) 24 Apr: Fade Day (3) 23 Apr: Fade Day

Long White Candle /
NSU Basic Candle: Long White

NSU: Basic Candlestick Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BEARISH (3) 23 Apr: NEUTRAL

Rate of Change /
Rate of change(14) is increasing for Nevsun Resources Ltd

NSU: ROC Current Signal -> (1) 25 Apr: BULLISH (2) 24 Apr: BULLISH CROSSOVER (3) 23 Apr: BULLISH CROSSOVER

Pivot point for NSU is bullish. Stoploss should be positioned @$2.5870
Pivot Points /
Pivot point for NSU is bullish. Stoploss should be positioned @$2.5870

Nevsun Resources Ltd has broken the first resistance point ($2.7340) [Bullish]. Look for a long limit order entry near this point. Exit price for NSU should be set @$2.7870 & Stoploss for Nevsun Resources Ltd should be set between $2.5870 & $2.5340

[Bullish]: SWMA(5) is serving as a support line for Nevsun Resources Ltd
Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for Nevsun Resources Ltd

[BULLISH]: Nevsun Resources Ltd currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.8%.

Nevsun Resources Ltd: Daily performance is 0.8 % [Uptrend]
Closing Price /
Nevsun Resources Ltd: Daily performance is 0.8 % [Uptrend]

[BULLISH]: Nevsun Resources Ltd current uptrend in the first timeframe. Currently, the Close is $2.6800.

Accumulation / Distribution /
Accumulation still active for Nevsun Resources Ltd

[BULLISH]: Nevsun Resources Ltd current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 2374689.0000. day.

Volume Rate of Change /
Positive VROC confirmation for Nevsun Resources Ltd is a leading indicator for continued price rise

[BULLISH CROSSOVER]: Nevsun Resources Ltd currently has positive volume of change of 36.0000%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.8000%.

Medium Trend /
Nevsun Resources Ltd: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Nevsun Resources Ltd has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 5 2018.

Moving Average Envelope /
Upper envelopes overbought signal had been maintained for Nevsun Resources Ltd

[BEARISH]: Nevsun Resources Ltd current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 2.6670.

NSU: Average True Range has confirmed an uptrend @0.0870
Average True Range /
NSU: Average True Range has confirmed an uptrend @0.0870

NSU: Average True Range Recent Trading -> (1) 25 Apr: 0.0870 (2) 24 Apr: 0.0860 (3) 23 Apr: 0.0890

Open/close reversal confirmed for Nevsun Resources Ltd signalling the buyers have lost commitment
Open Tod Vs Close Tod /
Open/close reversal confirmed for Nevsun Resources Ltd signalling the buyers have lost commitment

[BULLISH WEAK]: Nevsun Resources Ltd opened in the lower part of daily range at 30.000000000000000% & closed in the middle part of the trading range at 40.000000000000000%. This suggests the buyers have lost commitment. Over the last 12 months there has been 34 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 12.9%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 11.1%.

Chaikin Money Flow /
CMF highlights continued positive divergence for Nevsun Resources Ltd

[BULLISH]: Nevsun Resources Ltd current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.2400. NSU received a confirmed CMF crossover days on the Mar 29 2018.The bullish signal has been active for 1 day. During the quarter, the highest CMF value was 0.24 occurring on the Mar 29 2018.

See More   See more results
Advertisment
Advertisment
back to top