NOVAVAX INC (NVAX)

US6700024010 - Common Stock

13.61  +1.69 (+14.18%)

Premarket: 13.53 -0.08 (-0.59%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to NVAX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVAX is showing a nice and steady performance.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
NVAX is one of the better performing stocks in the Biotechnology industry, it outperforms 80% of 573 stocks in the same industry.
NVAX has an average volume of 6677440 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NVAX did better than 90% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
NVAX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVAX is lagging the market.
In the last month NVAX has a been trading in the 10.93 - 14.09 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NVAX Weekly chart
NVAX Daily chart
Setup Rating and Analysis

3

Although NVAX has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.

Support and Resistance Analysis

11.33

17.17

3 important support areas can be observed.

  • A support zone ranging from 12.29 to 12.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @12.08 from a trend line in the daily time frame.
  • A support zone ranging from 11.44 to 11.62. This zone is formed by a combination of multiple trend lines in multiple time frames.

We can see 2 important resistance areas.

  • Resistance @16.05 from a trend line in the weekly time frame.
  • Resistance @17.00 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.93
Mansfield4.97
10 Day High14.03
10 Day Low11.09
20 Day High14.09
20 Day Low10.93
52 Week High23.86
52 Week Low3.53
Performance
1 Week17.02%
2 Weeks19.39%
1 Month7.67%
3 Month-5.49%
6 Month157.28%
12 Month76.52%
2 Year-25.22%
3 Year-93.43%
5 Year171.12%
10 Year-83.68%
15 Year-82.82%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.18
RSI(14)57.58
LBB10.7
UBB13.44
NVAX Daily chart

NOVAVAX INC

NASDAQ:NVAX (9/13/2024, 8:00:02 PM)

Premarket: 13.53 -0.08 (-0.59%)

13.61

+1.69 (+14.18%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg14.18%
1 Week17.02%
2 Weeks19.39%
1 Month7.67%
3 Month-5.49%
6 Month157.28%
12 Month76.52%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.03
ATR(20)%7.2%
ATR Inc
Range Today2.21
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High14.03
10 Day Low11.09
20 Day High14.09
20 Day Low10.93
52 Week High23.86
52 Week Low3.53
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume12.22M
Volume Incr24.16%
Vol(5)6.29M
Vol(50)6.68M