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Stock Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

NOVONIX LTD (NASDAQ:NVNXF)

Crossroads (+60) - NVNXF 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 NVNXF?

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

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

NASDAQ_NVNXF
Open High Low NVNXF Price Change
0.4368 0.4800 0.4368 0.4625 +0.0140
Entry Signal

MarketClub’s Trade Triangles for NVNXF

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 0.46000

intermediate term up The intermediate-term trend has been UP since Jun 24th, 2024 at 0.51170

short term up The short-term trend has been UP since Jul 22nd, 2024 at 0.45985

Smart Scan Analysis for NVNXF

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

+60
Smart Scan Analysis for NVNXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4368 0.4800 0.4368 0.4625 +0.0140
Prev. Close Volume Bid Ask Time
0.4485 23848 2024-07-26 12:29:00
52wk High0.787652wk High Date2024-04-11
52wk Low0.317452wk Low Date2024-02-02
Average Volume99,337Assets263,343,043M
Liabilities79,406,768M
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