Free Daily Analysis

Stock Trend Analysis Report

Prepared for you on Saturday, September 23, 2023.

NOVONIX LTD (NASDAQ:NVNXF)

Countertrend Down (-85) - NVNXF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score 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.

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
0.5568 0.5568 0.5186 0.5250 +0.0012
Entry Signal

MarketClub’s Trade Triangles for NVNXF

long term down The long-term trend has been DOWN since Feb 3rd, 2022 at 4.8100

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2023 at 0.5806

short term up The short-term trend has been UP since Sep 15th, 2023 at 0.5000

Smart Scan Analysis for NVNXF

Based on our trend formula, NVNXF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NVNXF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.5568 0.5568 0.5186 0.5250 +0.0012
Prev. Close Volume Bid Ask Time
0.5311 65672 2023-09-22 15:12:00
52wk High2.1252wk High Date2022-10-19
52wk Low0.417852wk Low Date2023-09-13
Average Volume172,611Assets439,561,402M
Liabilities75,218,083M
Get a free daily analysis and signals for NOVONIX LTD (NVNXF) - Request Your Free Report.