NOVAVAX INC (NVAX) Technical Analysis
NASDAQ:NVAX • US6700024010
Current stock price
8.45 USD
-0.04 (-0.47%)
At close:
8.49 USD
+0.04 (+0.47%)
After Hours:
NVAX Technical Rating and Analysis
Overall NVAX gets a technical rating of 2 out of 10. In the last year, NVAX was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
- NVAX has an average volume of 4249450 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- When compared to the yearly performance of all other stocks, NVAX outperforms 55% of them, which is more or less in line with the market.
- NVAX is part of the Biotechnology industry. There are 516 other stocks in this industry, NVAX did better than 50% of them.
- 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 7.57 - 9.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVAX Weekly and Daily overview Charts
NVAX Setup Rating and Analysis
NVAX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 7.99, a Stop Loss order could be placed below this zone.
More info and screens
NVAX Support and Resistance Analysis
6.31
9.82
When analyzing the support we can see 4 important areas.
- A support zone ranging from 7.87 to 7.99. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 7.69 to 7.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @6.89 from a trend line in the weekly time frame.
- Support @6.37 from a horizontal line in the weekly time frame.
We can see 3 important resistance areas.
- A resistance zone ranging from 8.49 to 8.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 8.85 to 8.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.72 from a trend line in the weekly time frame.
NVAX Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for NVAX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NVAX is down. |
| ChartMill Relative Strength | 55.8 | NEUTRAL | NVAX is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NVAX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NVAX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVAX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 45.36 | NEUTRAL | The RSI value for NVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NVAX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 68.19 | NEUTRAL | The Stochastics value for NVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.85 | MEDIUM VOLATILITY | The ATR as a percentage value for NVAX suggests some volalility. |
| Average Directional Index/ADX (14) | 16.61 | NEGATIVE | The low ADX value for NVAX suggests a weak or negative trend. |
NVAX Chart- and CandleStick Pattern Analysis
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)
NVAX Technicals: Chart, Performance Metrics, Trend & Indicators
8.45
-0.04 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-0.47%
1 Week-2.76%
2 Weeks0.36%
1 Month-8.75%
3 Month-7.85%
6 Month-0.82%
12 Month26.69%
2 Year95.15%
3 Year10.17%
5 Year-96.43%
10 Year-91.94%
15 Year-83.56%
Volatility
ATR(14)0.37
ATR(20)%4.85%
ATR Inc-27.71%
Range Today0.25
ADR(20)0.38
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS55.8
3 months CRS25.59
6 months CRS43.41
Mansfield-0.09
10 Day High8.99
10 Day Low7.99
20 Day High9.6
20 Day Low7.57
52 Week High11.97
52 Week Low5.8
CS1 End7.99
CR1 Start8.49
Volume & EV
DER(3)-0.63%
DER(5)-0.17%
Volume3.52M
Volume Incr-18.93%
Vol(5)2.96M
Vol(50)4.25M
NOVAVAX INC / NVAX TA FAQ
Can you provide the ChartMill technical rating for NOVAVAX INC?
ChartMill assigns a technical rating of 2 / 10 to NVAX.
What is the trend direction for NVAX stock?
The current trend direction for NOVAVAX INC (NVAX) is Bearish.
Can you provide the RSI signal for NOVAVAX INC?
NOVAVAX INC (NVAX) has an RSI value of 45.3593. This indicates that the stock is currently neutral.
What is the MACD signal for NVAX stock?
The MACD indicator for NOVAVAX INC (NVAX) has a value of 0.0661233, indicating a bearish trend.