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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.
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 DOWN since Dec 2nd, 2024 at 0.3134
The intermediate-term trend has been DOWN since Nov 27th, 2024 at 0.4110
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).
| 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 High | 0.7876 | 52wk High Date | 2024-04-11 |
| 52wk Low | 0.225 | 52wk Low Date | 2024-12-02 |
| Average Volume | 145,927 | Assets | 263,343,043M |
| Liabilities | 79,406,768M |