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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

Navitas Semiconductor Corporation (NASDAQ:NVTS)

Crossroads (+60) - NVTS is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_NVTS
Open High Low NVTS Price Change
4.60 4.67 4.51 4.60 -0.09
Entry Signal

MarketClub’s Trade Triangles for NVTS

long term down The long-term trend has been DOWN since Sep 20th, 2023 at 7.39

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 4.66

short term up The short-term trend has been UP since Apr 24th, 2024 at 3.86

Smart Scan Analysis for NVTS

Based on our trend formula, NVTS is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for NVTS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.60 4.67 4.51 4.60 -0.09
Prev. Close Volume Bid Ask Time
4.58 1659945 2024-05-08 15:59:34
52wk High11.16552wk High Date2023-07-05
52wk Low3.53552wk Low Date2024-04-22
Average Volume2,316,025Shares Outstanding179,253
Assets485,546,000MLiabilities104,929,000M
P/E Ratio18.7451
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