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Stock Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
NOVUS ACQSTN DEV CORP (NASDAQ:NDEV)
Bull Market Weakness (+75) - NDEV is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NDEV as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NDEV?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDEV.
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 NDEV
The long-term trend has been UP since Oct 10th, 2023 at 0.0298
The intermediate-term trend has been UP since Apr 30th, 2024 at 0.0200
The short-term trend has been UP since Apr 30th, 2024 at 0.0200
Smart Scan Analysis for NDEV
Based on our trend formula, NDEV is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01850 | 0.02325 | 0.01825 | 0.01825 | -0.00975 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.02800 | 24800 | 2024-05-07 15:45:12 |
| Year High | 0.85 | Year High Date | 2018-01-03 |
| Year Low | 0.1201 | Year Low Date | 2018-08-20 |
| 52wk High | 0.03045 | 52wk High Date | 2023-05-08 |
| 52wk Low | 0.0112 | 52wk Low Date | 2023-06-09 |
| Year End Close | 0.1 | Average Volume | 51,981 |
| Beta | 4.36 | Volatility | 83.88 |