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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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

Long-Term Downtrend (-90) - NUVL is in a strong downtrend that is likely to continue. While NUVL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
63.0000 64.9600 62.2335 64.6000 +1.8400
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 down The intermediate-term trend has been DOWN since Mar 15th, 2024 at 80.13

short term down The short-term trend has been DOWN since Mar 26th, 2024 at 75.89

Smart Scan Analysis for NUVL

Based on our trend formula, NUVL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NUVL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
63.0000 64.9600 62.2335 64.6000 +1.8400
Prev. Close Volume Bid Ask Time
64.4900 395561 2024-04-22 15:59:59
52wk High89.3952wk High Date2024-03-13
52wk Low32.0652wk Low Date2023-04-21
Average Volume625,372Shares Outstanding64,068
Assets732,384,000MLiabilities31,823,000M
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