NOVAVAX INC (NVAX)       11.29  +0.31 (+2.82%)

11.29  +0.31 (+2.82%)

US6700024010 - Common Stock - Premarket: 11.19 -0.1 (-0.89%)

Technical Rating

1

Overall NVAX gets a technical rating of 1 out of 10. NVAX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.



NVAX has an average volume of 7084670 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NVAX has a been trading in the 9.12 - 13.70 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NVAX is a bad performer in the overall market: 99% of all stocks are doing better.
NVAX is one of the lesser performing stocks in the Biotechnology industry. 91% of 639 stocks in the same industry do better.
NVAX is currently trading near the lower end of its 52 week range, which is not a good sign. NVAX is lagging the S&P500 Index which is trading in the middle of its 52 week range.

Statistics

1 Month 3 Months 6 Months 12 Months 24.61% -50.96% -79.29% -86.38% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 1.71 8.75 - 101.39
NVAX Weekly chart
NVAX Daily chart

Support/Resistance Analysis


10.86

14.04
2 important support areas can be observed.
  • Support @11.24 from a trend line in the daily time frame.
  • Support @10.97 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
  • A resistance zone ranging from 12.30 to 12.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A resistance zone ranging from 13.72 to 13.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.

Setup Analysis

Setup Rating

4

NVAX has a poor technical rating and the quality of the setup is also not perfect at the moment. We see reduced volatility while prices have been consolidating in the most recent period.


NVAX Daily chart

NOVAVAX INC11.29

NASDAQ:NVAX (1/27/2023, 7:25:13 PM)+0.31 (+2.82%)

Premarket: 11.19 -0.1 (-0.89%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Health Care
GICS Industry Biotechnology

Performance
Today 2.82% 1 Week -2.25%
2 Weeks -4.32% 1 Month 24.61%
3 Month -50.96% 6 Month -79.29%

Volatility
ATR(14) 0.99 ATR(20)% 9.65%
ATR Inc -35.89% Range Today 0.68

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 1.71 Mansfield -7.28
10 Day High 13.7 10 Day Low 10.74
20 Day High 13.7 20 Day Low 9.12
52 Week High 101.39 52 Week Low 8.75
CS1 End 11.24 CR1 Start 12.3

Volume & EV
DER(3) -1.25% DER(5) -1.69%
Volume 6.62M Volume Incr -8.06%
Vol(5) 6.34M Vol(50) 7.08M

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