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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Nuvalent, Inc. - Class A (NASDAQ:NUVL)

Sidelines Mode (+55) - NUVL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NUVL?

MarketClub looks at technical strength and momentum to determine if the timing is right for NUVL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NUVL
Open High Low NUVL Price Change
68.12 68.65 66.46 67.49 -1.15
Entry Signal

MarketClub’s Trade Triangles for NUVL

long term down The long-term trend has been DOWN since Apr 8th, 2024 at 68.95

intermediate term up The intermediate-term trend has been UP since May 1st, 2024 at 70.64

short term down The short-term trend has been DOWN since May 7th, 2024 at 68.79

Smart Scan Analysis for NUVL

Based on our trend formula, NUVL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NUVL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
68.12 68.65 66.46 67.49 -1.15
Prev. Close Volume Bid Ask Time
67.54 344105 2024-05-08 15:59:34
52wk High89.3952wk High Date2024-03-13
52wk Low37.1352wk Low Date2023-05-09
Average Volume519,598Shares Outstanding64,068
Assets732,384,000MLiabilities31,823,000M
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