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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
NOVONIX LTD (NASDAQ:NVNXF)
Sidelines Mode (-50) - NVNXF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NVNXF can gain momentum.
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.
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MarketClub’s Trade Triangles for NVNXF
The long-term trend has been UP since Oct 2nd, 2024 at 0.5031
The intermediate-term trend has been DOWN since Oct 30th, 2024 at 0.4558
The short-term trend has been DOWN since Nov 18th, 2024 at 0.4770
Smart Scan Analysis for NVNXF
Based on our trend formula, NVNXF is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.45750 | 0.53560 | 0.45750 | 0.51556 | +0.02306 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.50720 | 48732 | 2024-11-19 14:57:00 |
| 52wk High | 0.7876 | 52wk High Date | 2024-04-11 |
| 52wk Low | 0.3134 | 52wk Low Date | 2024-09-06 |
| Average Volume | 113,983 | Assets | 263,343,043M |
| Liabilities | 79,406,768M |