NASDAQ:NVAX • US6700024010
We assign a technical rating of 9 out of 10 to NVAX. Both in the recent history as in the last year, NVAX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NVAX has an excellent technical rating, it does not offer a high quality setup 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.
6.24
5 important support 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 | UP | POSITIVE | The long term trend for NVAX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVAX is up. |
| ChartMill Relative Strength | 91.57 | POSITIVE | NVAX has a high relative strength, it outperformed 91.57% 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) | UP | POSITIVE | The current price of NVAX is above the rising 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) | 63.55 | NEUTRAL | The RSI value for NVAX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.06 | POSITIVE | The MACD value suggests NVAX has a positive trend. |
| Stochastics (14,3) | 54.75 | NEUTRAL | The Stochastics value for NVAX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.72 | HIGH VOLATILITY | The high ATR as a percentage value for NVAX suggests high volalility. |
| Average Directional Index/ADX (14) | 38.51 | POSITIVE | The high ADX value value for NVAX suggests a strong trend. |
10.69
+0.14 (+1.33%)
ChartMill assigns a technical rating of 9 / 10 to NVAX.
The current trend direction for NOVAVAX INC (NVAX) is Bullish.
NOVAVAX INC (NVAX) has an RSI value of 63.5466. This indicates that the stock is currently neutral.
The short term momentum for NOVAVAX INC (NVAX) is positive.
NOVAVAX INC (NVAX) has a support level at 9.55. Check the full technical report for our detailed analysis of NVAX support and resistance levels.