Stock Trend Analysis Report
Prepared for you on Sunday, April 11, 2021.
NOVONIX LTD (NASDAQ:NVNXF)
Weak Downtrend (-65) - NVNXF is showing signs of a strengthening downtrend. Monitor NVNXF as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NVNXF
The long-term trend has been UP since Jun 11th, 2020 at 1.15
The intermediate-term trend has been DOWN since Mar 3rd, 2021 at 2.04
The short-term trend has been DOWN since Apr 7th, 2021 at 1.73
Smart Scan Analysis for NVNXF
Based on our trend formula, NVNXF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4.85||52wk High Date||2020-09-22|
|52wk Low||0.42||52wk Low Date||2020-06-02|