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Stock Trend Analysis Report
Prepared for you on Friday, July 26, 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 DOWN since Jun 11th, 2024 at 1.82
The intermediate-term trend has been DOWN since Jul 16th, 2024 at 1.75
The short-term trend has been UP since Jul 22nd, 2024 at 1.79
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 |
|---|---|---|---|---|
| 1.83 | 1.88 | 1.77 | 1.85 | +0.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.77 | 56052 | 2024-07-26 15:59:27 |
| 52wk High | 3.1 | 52wk High Date | 2024-04-11 |
| 52wk Low | 1.4 | 52wk Low Date | 2024-02-02 |
| Average Volume | 65,333 | Shares Outstanding | 400 |
| Assets | 263,343,043M | Liabilities | 79,406,768M |