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Stock Trend Analysis Report

Prepared for you on Thursday, December 5, 2024.

NOVONIX LTD (NASDAQ:NVNXF)

Long-Term Downtrend (-90) - NVNXF is in a strong downtrend that is likely to continue. While NVNXF 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 NVNXF?

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

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NASDAQ_NVNXF
Open High Low NVNXF Price Change
0.4044 0.4500 0.4044 0.4450 -0.0150
Entry Signal

MarketClub’s Trade Triangles for NVNXF

long term down The long-term trend has been DOWN since Dec 2nd, 2024 at 0.3134

intermediate term down The intermediate-term trend has been DOWN since Nov 27th, 2024 at 0.4110

short term down The short-term trend has been DOWN since Nov 27th, 2024 at 0.4363

Smart Scan Analysis for NVNXF

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

-90
Smart Scan Analysis for NVNXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4044 0.4500 0.4044 0.4450 -0.0150
Prev. Close Volume Bid Ask Time
0.4600 38743 2024-12-05 14:39:00
52wk High0.787652wk High Date2024-04-11
52wk Low0.22552wk Low Date2024-12-02
Average Volume145,927Assets263,343,043M
Liabilities79,406,768M
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