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Stock Trend Analysis Report

Prepared for you on Wednesday, November 29, 2023.

NOVONIX Limited (NASDAQ:NVX)

Weak Downtrend (-65) - NVX is showing signs of a strengthening downtrend. Monitor NVX as it may be building momentum to the downside.

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.

NASDAQ_NVX
Open High Low NVX Price Change
1.8400 1.9000 1.8100 1.8607 -0.0193
Entry Signal

MarketClub’s Trade Triangles for NVX

long term down The long-term trend has been DOWN since May 9th, 2022 at 12.655

intermediate term up The intermediate-term trend has been UP since Oct 23rd, 2023 at 2.127

short term down The short-term trend has been DOWN since Nov 22nd, 2023 at 1.900

Smart Scan Analysis for NVX

Based on our trend formula, NVX is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NVX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.8400 1.9000 1.8100 1.8607 -0.0193
Prev. Close Volume Bid Ask Time
1.8900 20207 2023-11-28 15:59:40
52wk High6.589952wk High Date2022-12-01
52wk Low1.570552wk Low Date2023-10-18
Average Volume124,257Shares Outstanding400
Assets439,561,402MLiabilities75,218,083M
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