NVT is advancing within a Stage 2 uptrend, holding above a rising 30-week moving average with a 6.7% six-week slope. The stock has constructed an 8-week Cup Base with a 27.4% depth and a pivot at $184.10, while trading 6.9% below its 52-week high and 96% above its low.
Seven of eight trend-template checks pass, with only the relative-strength line lagging near a three-month high. The overall sentiment is bullish, reflecting an offensive setup despite the absence of a confirmed breakout or volume contraction pattern.
Technical Analysis
As of 2026-08-14 · Close $171.39
Stage Analysis
Stage 2 (Advancing) — Price holding above a rising 30-week MA — uptrend intact (30-week MA 6-week slope: 6.73%)
Detected Patterns — What the Market Is Watching
- Cup Base — depth 27.4%, length 8 weeks, pivot $184.1. Base formed from 2026-06-22 (left-side high) to 2026-08-14, with the low of $133.61 set on 2026-07-29
Subscribe to continue reading
Become a paid subscriber to get access to the rest of this post and other exclusive content.