NOVAVAX INC (NVAX) Stock Technical Analysis
NASDAQ:NVAX - Nasdaq - US6700024010 - Common Stock - Currency: USD
Taking everything into account, NVAX scores 2 out of 10 in our technical rating. Although NVAX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
NVAX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
NVAX is one of the better performing stocks in the Biotechnology industry, it outperforms 85% of 567 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NVAX has an average volume of 5538780 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NVAX is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NVAX has a been trading in the 5.01 - 7.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NVAX has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 7.47. Right above this resistance zone may be a good entry point.
More info and screens
5.79
8.33
When analyzing the support we can see 2 important areas.
- Support @5.99 from a horizontal line in the daily time frame.
- Support @5.85 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 7.47 to 7.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @8.25 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.12
Mansfield-3.46
10 Day High7.81
10 Day Low5.35
20 Day High7.81
20 Day Low5.01
52 Week High23.86
52 Week Low4.1
Performance
1 Week11.17%
2 Weeks22.84%
1 Month-8.13%
3 Month-27.66%
6 Month-31.55%
12 Month63.08%
2 Year-13.04%
3 Year-85.2%
5 Year-63.21%
10 Year-95.69%
15 Year-88.22%
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)0.15
RSI(14)49.32
LBB5.39
UBB7.37
6.67
-0.4 (-5.66%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg-5.66%
1 Week11.17%
2 Weeks22.84%
1 Month-8.13%
3 Month-27.66%
6 Month-31.55%
12 Month63.08%
2 Year-13.04%
3 Year-85.2%
5 Year-63.21%
10 Year-95.69%
15 Year-88.22%
Volatility
ATR(14)0.75
ATR(20)%10.56%
ATR Inc6.69%
Range Today1.05
ADR(20)0.62
ADR(20)%9.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.12
Mansfield-3.46
10 Day High7.81
10 Day Low5.35
20 Day High7.81
20 Day Low5.01
52 Week High23.86
52 Week Low4.1
CS1 End5.99
CR1 Start7.47
Volume & EV
DER(3)-2.51%
DER(5)-0.35%
Volume13.19M
Volume Incr40.02%
Vol(5)8.45M
Vol(50)5.54M