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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Nova Lifestyle, Inc (NASDAQ:NVFY)

Bear Market Rally (-75) - NVFY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NVFY as it may be in the beginning of a reversal.

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

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

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

NASDAQ_NVFY
Open High Low NVFY Price Change
2.2000 2.1696 2.1100 2.1100 -0.0800
Entry Signal

MarketClub’s Trade Triangles for NVFY

long term down The long-term trend has been DOWN since Mar 20th, 2024 at 1.50

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2024 at 3.29

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 2.51

Smart Scan Analysis for NVFY

Based on our trend formula, NVFY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NVFY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2000 2.1696 2.1100 2.1100 -0.0800
Prev. Close Volume Bid Ask Time
2.1900 4594 2024-05-09 10:25:02
Year High2.82Year High Date2018-01-19
Year Low0.82Year Low Date2018-11-20
52wk High6.3852wk High Date2023-12-28
52wk Low1.4552wk Low Date2024-03-20
Average Volume1,807,495Shares Outstanding1,635
Market Cap19MAssets6,238,478M
Liabilities5,742,124MP/E Ratio-0.24780000
Volatility107.9
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