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Stock Trend Analysis Report
Prepared for you on Saturday, April 20, 2024.
NOVONIX Limited (NASDAQ:NVX)
Sidelines Mode (+55) - NVX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NVX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NVX.
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 NVX
The long-term trend has been UP since Feb 16th, 2024 at 2.105
The intermediate-term trend has been UP since Apr 11th, 2024 at 2.850
The short-term trend has been DOWN since Apr 15th, 2024 at 2.700
Smart Scan Analysis for NVX
Based on our trend formula, NVX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2.350 | 2.492 | 2.190 | 2.255 | -0.105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2.299 | 40427 | 2024-04-19 15:54:14 |
| 52wk High | 3.59 | 52wk High Date | 2023-06-07 |
| 52wk Low | 1.4 | 52wk Low Date | 2024-02-02 |
| Average Volume | 38,254 | Shares Outstanding | 400 |
| Assets | 263,343,043M | Liabilities | 79,406,768M |