Stock Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
Nuvalent, Inc. - Class A (NASDAQ:NUVL)
Long-Term Uptrend (+90) - NUVL is in a strong uptrend that is likely to continue. While NUVL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for NUVL
The long-term trend has been UP since Apr 25th, 2023 at 35.375
The intermediate-term trend has been UP since Nov 14th, 2023 at 58.680
The short-term trend has been UP since Nov 14th, 2023 at 58.680
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).
|52wk High||68.24||52wk High Date||2023-12-04|
|52wk Low||23.095||52wk Low Date||2023-04-06|
|Average Volume||440,456||Shares Outstanding||57,025|