Based on today's classical pivot point (P1) with the value of $1.03, NovaBank has support levels of $1.00, $0.9862, and the strongest at $0.9556. Similarly, NovaBank resistance levels are at $1.05, $1.08, and $1.09.
| # | Price | Strength |
|---|---|---|
| S1 | $1.00 | |
| S2 | $0.9862 | |
| S3 | $0.9556 |
| # | Price | Strength |
|---|---|---|
| R1 | $1.05 | |
| R2 | $1.08 | |
| R3 | $1.09 |
Technical indicators are an essential tool for conducting technical analysis. They provide insights into an asset's market status, investor sentiment, and more, thereby helping investors make more informed trading decisions.
| Period | Value | Action |
|---|---|---|
| RSI (14) | 13.70 | BUY |
| Stoch RSI (14) | 0.00 | BUY |
| Stochastic Fast (14) | 0.07 | BUY |
| Commodity Channel Index (20) | -322.58 | BUY |
| Average Directional Index (14) | 64.15 | SELL |
| Awesome Oscillator (5, 34) | -0.18 | NEUTRAL |
| Momentum (10) | -0.18 | NEUTRAL |
| MACD (12, 26) | 0.02 | NEUTRAL |
| Williams Percent Range (14) | -99.93 | BUY |
| Bull Bear Power (13) | -0.24 | NEUTRAL |
| Ultimate Oscillator (7, 14, 28) | 17.69 | BUY |
| VWMA (10) | 1.16 | SELL |
| Hull Moving Average (9) | 1.10 | SELL |
| Ichimoku Cloud B/L (9, 26, 52, 26) | 1.30 | NEUTRAL |
Over the past 7 days, NovaBank price was most positively correlated with the price of Aerodrome Finance (AERO), Filecoin (FIL), Kaia (KAIA), Gram (prev. Toncoin) (GRAM) and Immutable X (IMX) and most negatively correlated with the price of Pi Network (PI), KAITO (KAITO), Sun Token (SUN), XDC Network (XDC) and Litecoin (LTC).
| Name | Correlation |
|---|---|
| Aerodrome Finance | 0.920 |
| Filecoin | 0.898 |
| Kaia | 0.895 |
| Gram (prev. Toncoin) | 0.883 |
| Immutable X | 0.874 |
| Name | Correlation |
|---|---|
| Pi Network | -0.911 |
| KAITO | -0.909 |
| Sun Token | -0.909 |
| XDC Network | -0.898 |
| Litecoin | -0.895 |
NovaBank price is positively correlated with the top 10 coins by market cap with a price of 0.425, excluding Tether (USDT) and positively correlated with the top 100 coins by market cap excluding all stablecoins with a price of 0.177.
Currencies that are positively correlated with NovaBank indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with NovaBank, a move in one direction for NovaBank would translate into a move in the opposite direction for the negatively correlated coin.
