RSI low/high Values: [ 25 - 75 ]
* uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NVR
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Red day on Monday for NVR Inc
(Updated on Feb 26, 2024)

Buy or Hold candidate since Jan 25, 2024 Gain 7.84% PDF
The NVR Inc stock price fell by -0.200% on the last day (Monday, 26th Feb 2024) from $7,584.75 to $7,569.56. During the last trading day the stock fluctuated 0.779% from a day low at $7,569.56 to a day high of $7,628.54. The price has risen in 6 of the last 10 days and is up by 1.63% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -7 thousand shares and in total, 6 thousand shares were bought and sold for approximately $46.11 million.

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The stock lies in the middle of a strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 18.77% during the next 3 months and, with a 90% probability hold a price between $8,669.55 and $9,263.13 at the end of this 3-month period.

NVR Signals & Forecast

The NVR Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $7,490.07 and $7,261.43. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Monday, February 12, 2024, and so far it has fallen -0.626%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

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Support, Risk & Stop-loss for NVR Inc stock

On the downside, the stock finds support just below today's level from accumulated volume at $6,938.40 and $6,936.65. There is a natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, NVR Inc finds support just below today's level at $6,938.40. If this is broken, then the next support from accumulated volume will be at $6,936.65 and $6,934.40.

This stock is usually traded at a good volume, and with minor daily changes, the risk is considered to be low. During the last day, the stock moved $58.97 (0.779%) between high and low. For the last week, the stock has had daily average volatility of 1.44%.

Our recommended stop-loss: $7,279.06 (-3.84%) (This stock has low daily movements and this gives low risk. There is a sell signal from a pivot top found 9 days ago.)

Trading Expectations (NVR) For The Upcoming Trading Day Of Tuesday 27th

For the upcoming trading day on Tuesday, 27th we expect NVR Inc to open at $7,589.22, and during the day (based on 14 day Average True Range), to move between $7,420.85 and $7,718.27, which gives a possible trading interval of +/-$148.71 (+/-1.96%) up or down from last closing price. If NVR Inc takes out the full calculated possible swing range there will be an estimated 3.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at $7,584.75 (0.20%) than the support at $6,938.40 (8.34%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is NVR Inc stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for NVR Inc stock to perform well in the short-term.

Current score: 2.802 Open Broker Account

Buy Candidate Unchanged

Predicted Opening Price for NVR Inc of Tuesday, February 27, 2024

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Fair opening price February 27, 2024 Current price
$7,589.22 ( 0.260%) $7,569.56

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Fibonacci Support & Resistance Levels

Level Price
Resistance R3 7,648.19 1.04 %
R2 7,625.66 0.741 %
R1 7,611.75 0.557 %
Current price: 7,569.56
Support S1 7,566.69 -0.0379 %
S2 7,552.77 -0.222 %
S3 7,530.24 -0.519 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0 .
R2 7,617.24 0.630 %
R1 7,584.75 0.201 %
Current price 7,569.56
Support S1 6,938.40 -8.34%
S2 6,936.65 -8.36%
S3 6,934.40 -8.39%
What is the symbol for NVR Inc Stock and on which exchange is it traded?
The symbol for NVR Inc is NVR and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell NVR Inc Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for NVR Inc stock to perform well in the short-term.

How to buy NVR Inc Stock?
NVR Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy NVR Inc Stock.

What's the current price of NVR Inc Stock?
As of the end of day on the 2024-02-26, the price of an NVR Inc (NVR) share was $7,569.56.

What is the 52-week high and low for NVR Inc Stock?
The 52-week high for NVR Inc Stock is $7,628.54 and the 52-week low is $5,089.44.

What is the market capitalization of NVR Inc Stock?
As of the 2024-02-26, the market capitalization of NVR Inc is 24.002B.

When is the next earnings date for NVR Inc?
The upcoming earnings date for NVR Inc is Apr 23, 2024.

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About NVR Inc

NVR NVR, Inc. operates as a homebuilder in the United States. The company operates in two segments, Homebuilding and Mortgage Banking. It engages in the construction and sale of single-family detached homes, townhomes, and condominium buildings under the Ryan Homes, NVHomes, and Heartland Homes names. The company markets its Ryan Homes products to first-time and first-time move-up buyers; and NVHomes and Heartland Homes products to move-up and luxury... NVR Profile

Top Fintech Company featured in The Global Fintech Index 2020 as the top Fintech company of the country.

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