NASDAQ:NVAX - Nasdaq - US6700024010 - Common Stock - Currency: USD
Overall NVAX gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NVAX was also a bad performer in the overall market in the last year.
NVAX has a poor technical rating and the quality of the setup is also only medium 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.
6.02
When analyzing the support we notice one important area.
2 important resistance areas can be observed.
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 | UP | POSITIVE | The short term trend for NVAX is up. |
ChartMill Relative Strength | 13.3 | NEGATIVE | NVAX has a low relative strength, it was outperformed by 86.7% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVAX is above the rising SMA(20). |
Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVAX is above a declining SMA(50). |
Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVAX is below a declining SMA(200). |
Relative Strength Index/RSI (14) | 56.31 | NEUTRAL | The RSI value for NVAX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.15 | POSITIVE | The MACD value suggests NVAX has a positive trend, although the MACD value is declining. |
Stochastics (14,3) | 52.35 | NEUTRAL | The Stochastics value for NVAX is a neutral value. |
Average True Range in percent/ATR (20) | 8.81 | HIGH VOLATILITY | The high ATR as a percentage value for NVAX suggests high volalility. |
Average Directional Index/ADX (14) | 16.31 | NEGATIVE | The low ADX value for NVAX suggests a weak or negative trend. |
7.29
+0.18 (+2.53%)