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- 1/17/2025 -
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NVR Inc (NVR) Technical Analysis

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Summary:
Weekly :Oversold industryLane's Stochastic is oversoldStochastic has raised above the signal linePrice is near the Fibonacci 23.6% retracement level
Daily :Williams' Percentage Range is strongly overboughtDaily  MACD line has moved above its signal lineThe price has risen above the Parabolic SARThe price moved above the moving average in the center of the Bollinger Bands
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It was a first positive week after 6 consecutive negative weeks for the NVR Inc (NVR). During the week, the NVR gained 518.00 points, or 6.60%, and closed at 8363.00 on Friday, January 17, 2025. It was the best weekly gain since August 23, 2024. Weekly volume was 68% above average.

NVR is a member of Homebuilding Industry. Homebuilding is the ninth most oversold industry. Sector/industry rotation is considered a proven strategy to beat the market. Use the following links to find overbought/oversold technical indicators by Sector or by Industry.

Long-term trend: [See NVR long-term trend chart]
A long-term uptrend had started on June 17, 2022 at 3584.00 and reached 9964.77 on October 18, 2024. NVR gained -6380.77 points, or -178.03%, in 122 weeks. The chart has formed a Broadening Ascending Wedge chart pattern. The trend support level is at 6706.24 and resistance is at 10683.97. A Broadening Ascending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Ascending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Ascending Wedge pattern in a long-term trend.

Medium-term trend: [See NVR medium-term trend chart]
A medium-term downtrend had started on October 18, 2024 at 9964.77 and reached 7802.00 on January 10, 2025. NVR lost 2162.77 points, or 21.70%, in 12 weeks. Price is near the Fibonacci 23.6% retracement level. The Fibonacci retracement level is considered a support/resistance level.

Weekly Technical Indicators: [See NVR weekly technical indicators chart]
Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. During the last week, weekly Lane's Stochastic main line (%K) has rallied above the oversold signal line (%D). Such crossover is considered a bullish signal. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help.

The weekly MACD line is below its signal line since November 1, 2024. This is an indication that the medium-term trend is down. The distance between MACD and the signal line is near its high, but getting smaller. It indicates that the current medium-term downtrend is still strong, and momentum is beginning to wane. Use the following link to access a MACD help.

Short-term trend: [See NVR short-term trend chart]
A short-term uptrend had started on January 10, 2025 at 7802.00 and reached 8500.00 on January 17, 2025. NVR gained -698.00 points, or -8.95%, in 7 days. The price is now at the 19.63% retracement level.

Daily Technical Indicators: [See NVR daily technical indicators chart]
Daily Williams' Percentage Range is strongly overbought. Use the Technical Stock Screener to see the list of stocks with strongly overbought daily overbought Williams' Percentage Range. Use the following link to access Williams' Percentage Range help.

During the last week, daily MACD line has moved above its signal line. Such crossover is considered a bullish signal.

During the last week, the price has risen above the Parabolic SAR (stop and reversal). A Parabolic SAR below the price is a bullish signal, and it indicates that momentum is likely to remain in the upward direction. A Parabolic SAR is used as a trailing stop loss for long or short positions. It works best during strong trending periods. Use the following links to access Parabolic SAR Help, or use the Technical Stock Screener to see the list of stocks with the Parabolic SAR close to the price level.

During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.

Daily Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 54.57
Williams' Percentage Range (W%R) 2.80
Strong Overbought
Lane's Stochastic (%D-Slow) 72.69
Greed/Fear Indicator (GFI) 74.83
Moving Average Converg./Diverg. (MACD) -207.94
Weekly Oscillators
Description Value Status Divergence Chart
Relative Strength Index (RSI) 35.00
Williams' Percentage Range (W%R) 67.70
Lane's Stochastic (%D-Slow) 11.56
Oversold
Greed/Fear Indicator (GFI) 27.53
Moving Average Converg./Diverg. (MACD) 210.91
Trading Signals
Description Value Chart
50 Day Moving Average 8683.10
Upper Bollinger Band 8549.91
Daily Stochastic Crossing 8374.76
Price 8363.00
20 Day Moving Average 8138.30
Weekly Stochastic Crossing 8015.59
Lower Bollinger Band 7969.00
Parabolic System 7880.31
Yearly Trendline Support 6706.24
Sector and Industry
Description Name Rank
Sector Consumer Discretionary 7
Industry Homebuilding 9
Daily Trend
Description Value
Direction Up
Chart Pattern Uptrend
Low 8165.00
Low Date 01/16/2025
High 8500.00
High Date 01/17/2025
Weekly Trend
Monthly Trend
Description Value
Direction Up
Chart Pattern Uptrend
Status
Resistance
Support
Low 7802.00
Low Date 01/10/2025
High 8500.00
High Date 01/17/2025
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 9377.00
High Date 11/25/2024
Low 7802.00
Low Date 01/10/2025
Quarterly Trend
Yearly Trend
Description Value
Direction Down
Chart Pattern DownTrend
Status
Resistance
Support
High 9964.77
High Date 10/18/2024
Low 7802.00
Low Date 01/10/2025
Description Value
Direction Up
Chart Pattern Broadening Ascending Wedge
Status Valid
Resistance 10683.97
Support 6706.24
Low 3584.00
Low Date 06/17/2022
High 9964.77
High Date 10/18/2024
Warning: TheGreedyTrader.com presents weekly analysis. Technical indicators and trend parameters are calculated for the close of business day indicated on the top right corner of the screen.