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Stock Trend Analysis Report

Prepared for you on Monday, March 20, 2023.

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.

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
0.83710 0.87330 0.79540 0.85000 -0.04054
Entry Signal

MarketClub’s Trade Triangles for NVNXF

long term down The long-term trend has been DOWN since Feb 3rd, 2022 at 4.81

intermediate term down The intermediate-term trend has been DOWN since Feb 10th, 2023 at 1.16

short term down The short-term trend has been DOWN since Mar 14th, 2023 at 1.00

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
0.83710 0.87330 0.79540 0.85000 -0.04054
Prev. Close Volume Bid Ask Time
0.89054 114847 2023-03-20 15:45:00
52wk High5.679952wk High Date2022-04-05
52wk Low0.880652wk Low Date2023-03-17
Average Volume128,358Assets439,561,402M
Liabilities75,218,083M
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