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Stock Trend Analysis Report

Prepared for you on Monday, January 30, 2023.

NOVONIX Limited (NASDAQ:NVX)

Bull Market Weakness (+75) - NVX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NVX as it may be in the beginning stages of a reversal.

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
5.4700 5.7199 5.4700 5.5901 +0.2701
Entry Signal

MarketClub’s Trade Triangles for NVX

long term down The long-term trend has been DOWN since May 9th, 2022 at 12.6550

intermediate term up The intermediate-term trend has been UP since Jan 11th, 2023 at 5.1699

short term up The short-term trend has been UP since Jan 26th, 2023 at 5.3000

Smart Scan Analysis for NVX

Based on our trend formula, NVX is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for NVX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.4700 5.7199 5.4700 5.5901 +0.2701
Prev. Close Volume Bid Ask Time
5.3000 37818 2023-01-30 11:51:00
52wk High2452wk High Date2022-02-02
52wk Low3.8252wk Low Date2023-01-03
Average Volume39,649Shares Outstanding400
Assets439,561,402MLiabilities75,218,083M
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