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Bullboard - Stock Discussion Forum Nuvista Energy Ltd T.NVA

Alternate Symbol(s):  NUVSF

NuVista Energy Ltd. is an oil and natural gas company, which is engaged in the exploration for, and the development and production of, oil and natural gas reserves in the Western Canadian Sedimentary Basin. Its primary focus is on the scalable and repeatable condensate rich Montney formation in the Alberta Deep Basin (Wapiti Montney). Its core operating areas of Wapiti and Pipestone in the... see more

TSX:NVA - Post Discussion

Nuvista Energy Ltd > NVA technicals
View:
Post by Aurum1983 on Feb 18, 2022 9:41am

NVA technicals

I think it would be telling to see if RSI actually touches 50 before MACD turns around.
Comment by Sugaree on Feb 18, 2022 9:43am
56 ATM at $9.00, getting close.
Comment by Indicator on Feb 18, 2022 11:57am
 50 RSI on daily chart is short term reversal territory, if it slides lower it would confirm my speculation that larger picture XLE is showing energy due to pullback / bearish and nimble traders will be short or on sidelines.  MACD is lagging indiator so confirms short term indicators after the fact. Where XLE goes, likely CDN energy follows this time: https://stockcharts.com/h-sc/ui ...more  
Comment by toro404 on Feb 18, 2022 1:06pm
50 daily EMA been holding up lower bounds since mid-Dec at $8.85 today.
Comment by toro404 on Feb 18, 2022 1:08pm
Correction 21 daily EMA, lines up with RSI~50.
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