The Battle Of Envision Solar International, Inc. ($EVSI) And NVE Corporation ($NVEC)

2019-08-16 | Welcome! Today we compared how two different stocks in the Semiconductors industry are trading: Envision Solar International, Inc. and NVE Corporation. While these two companies may have very different market capitalizations and balance sheets, they are worth comparing given how they are in the same sector. Below you’ll see how the different technical indicators differ between these two stocks, and we’ll also show what Trading View thinks of them based on the technical analysis. But before we get ahead of ourselves, please note that this is technical analysis only (ie. analyzing how these companies are trading, not digging into the company fundamentals), and therefore you should not rely only on this to guide you on whether you should buy or sell anything – take it with a grain of salt only, and pay attention to the disclaimer below. With that said, many traders find value in technical analysis and others even swear by it, so if that is you, I hope my analysis will be of use to you. Let’s get to it…

First things first: during its last day of trading, Envision Solar International, Inc. opened at 5.978, got to a maximum price of 6.094 and dropped to as low as 5.58 before finishing the session at 5.58. In total there were 9400 shares traded, which is enough to conduct our analysis. Compare that now to NVE Corporation, which opened at 67.25, had a high of 68.0, a low of 66.27, closed at 66.45 and had a total volume of 9500.

VOLUME ANALYSIS: Generally, the higher the volume indicators are, the better – you need liquidity to trade, after all. All of the volume indicators are as follows… (click here for an explanation on volume)

Volume Indicator Envision Solar International, Inc. NVE Corporation
Accumulation-distribution index 71.47486 366.24566
on-balance volume 5.8 -67.0
chaikin money flow

7.86207 3.61333
force index

0.02528 0.679
ease of movement rating

0.00274 0.0366
volume-price trend

1.28682 -9.54481
negative volume index

1000.0 1000.0

VOLATILITY ANALYSIS: Now to compare the volatility between these two companies… (click here for an explanation on volatility)

Volatility Indicator Envision Solar International, Inc. NVE Corporation
Average true range 0.20079 1.8434
Bolinger bands 5.61828 67.82416
Upper bollinger band 5.56172 63.01584
Lower bollinger band

5.58 66.27
Bollinger high band indicator

1.0 1.0
Bollinger high low indicator

1.0 1.0
Central keltner channel

5.884 67.17333
High band keltner channel

5.768 66.42333
Low band keltner channel

6.0 67.92333
High band keltner channel indicator

1.0 1.0
Low band keltner channel indicator

1.0 1.0
Donchain channel high band

5.58 66.27
Donchain channel low band

5.58 66.27
Donchain channel high band indicator

1.0 1.0
Donchain channel low band indicator

1.0 1.0

TREND ANALYSIS: Now for the most interesting and detailed part, the trend. Where is the stock actually going? Let’s compare the indicators… (click here for an explanation on trend)

Trend Indicator Envision Solar International, Inc. NVE Corporation
Moving Average Convergence Divergence (MACD) trend_macd -0.03814
MACD signal 0.00025 -0.02119
MACD difference 0.0002 -0.01695
fast Exponential Moving Average (EMA) indicator

5.58 66.27
slow Exponential Moving Average (EMA) indicator

5.58 66.27
Average Directional Movement Index (ADX)

unknown unknown
ADX positive

20.0 20.0
ADX negative

20.0 20.0
positive Vortex Indicator (VI)

1.0 1.0
negative VI

1.0 1.0
trend vortex difference

0.18192 0.09262

5.72221 -7.58368
Mass Index (MI)

1.0 1.0
Commodity Channel Index (CCI)

-66.66667 -66.66667
Detrended Price Oscillator (DPO)

-1.04036 11.37638
KST Oscillator (KST)

229.1729 -146.51522
KST Oscillator (KST Signal)

229.1729 -146.51522
KST difference

1.10141 -5.47353
Ichimoku rating

6.036 67.625
Ichimoku B rating

6.036 67.625
Ichimoku visual trend A

5.1449 77.28892
Ichimoku visual trend B

5.30728 74.02465
Aroon Indicator (AI)

4.0 4.0
AI indicator down

4.0 4.0
AI difference

4.0 -4.0

MOMENTUM ANALYSIS: What about momentum? Let’s dive into it… (click here for an explanation on momentum)

Momentum Indicator Envision Solar International, Inc. NVE Corporation
Relative Strength Index (RSI) 50.0 50.0
Money Flow Index (MFI) 100.0 16.29188
True Strength Index (TSI) 100.0 -100.0
ultimate oscillator

72.32964 -17.9342
stochastic oscillator

443.10345 230.66667
stochastic oscillator signal

443.10345 230.66667
Williams %R rating

343.10345 130.66667
awesome oscillator

-0.01089 -0.25995

RETURNS: That’s all for technical analysis. Now let’s just list the returns for Envision Solar International, Inc. and NVE Corporation.

Daily return 22.91729 -14.65152
Daily log return 0.35778 -2.59874
Cumulative return 0.35842 -2.56526

So there you have it: our deep, grueling analysis comparing Envision Solar International, Inc. and NVE Corporation together. But what does all of the above mean? Various technical indicators above are positive, while others are negative, and if we want to decide overall if the technical analysis indicates a bullish or bearish chart, we have to consider all of them together. That’s what the Trading View widget below can do, so let’s see what it says considering all these indicators. First, here’s Envision Solar International, Inc.:

The verdict above will consider all these technical indicators and consider which are strong and weak, and then put them all together to come up with a conclusion stating whether EVSI is strong or weak. Again – this is not a reliable indication of whether Envision Solar International, Inc. is a good investment! None of these indicators consider the company fundamentals. All of this data is based on how it trades only. Now with that out of the way, let’s compare it with NVE Corporation

So there you have it. We hope you have found this analysis useful, and if you see any errors or have any feedback, please comment below.

How can you profit off trading these 2 companies and other stocks like it? First, check out the Beat The Market Analyzer software – this is worth its weight in gold. Some other great services for earning income from trading and investing are Dividend Stocks (an outstanding resource for anyone interested in high dividend paying stocks), Microcap Millionaires (the best site online for profiting off micro-cap stocks) and Trading Code (an extremely powerful system for profiting off trading).

DISCLAIMER: We are not registered investment advisers and the above analysis should be taken at face value only. We strongly advise against buying or selling anything based solely on our analysis above, and are not responsible for any losses that you may incur if you choose make any investment decisions based on the above.

Abigale Lormen

Abigale is a Masters in Business Administration by education. After completing her post-graduation, Abigale jumped the journalism bandwagon as a freelance journalist. Soon after that she landed a job of reporter and has been climbing the news industry ladder ever since to reach the post of editor at amarketreportsjournal.
Abigale Lormen

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