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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
Novavax, Inc. (NASDAQ:NVAX)
Sidelines Mode (+55) - NVAX 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 NVAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NVAX
The long-term trend has been DOWN since Oct 16th, 2023 at 6.724
The intermediate-term trend has been UP since May 1st, 2024 at 4.650
The short-term trend has been DOWN since May 7th, 2024 at 4.600
Smart Scan Analysis for NVAX
Based on our trend formula, NVAX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.5100 | 4.5586 | 4.4300 | 4.4700 | -0.1400 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.6100 | 2651276 | 2024-05-08 15:59:44 |
| Year High | 2.75 | Year High Date | 2018-03-01 |
| Year Low | 1.15 | Year Low Date | 2018-07-30 |
| 52wk High | 11.36 | 52wk High Date | 2023-05-09 |
| 52wk Low | 3.5324 | 52wk Low Date | 2024-02-05 |
| Year End Close | 1.89 | Average Volume | 3,916,789 |
| Shares Outstanding | 139,953 | Short Interest | 9,450,099 |
| % Institutional | 51.4 | Market Cap | 137M |
| Assets | 179,749,000M | Liabilities | 251,441,700M |
| P/E Ratio | -2.81360000 | Beta | 1.22 |
| Volatility | 74.39 |