NAVITAS SEMICONDUCTOR CORP (NVTS) Stock Technical Analysis
NASDAQ:NVTS - Nasdaq - US63942X1063 - Common Stock - Currency: USD
Overall NVTS gets a technical rating of 0 out of 10. NVTS scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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, NVTS is a bad performer in the overall market: 93% of all stocks are doing better.
NVTS is part of the Semiconductors & Semiconductor Equipment industry. There are 109 other stocks in this industry, of which 87% are performing better than NVTS.
NVTS 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.
In the last month NVTS has a been trading in the 1.52 - 2.07 range, which is quite wide. It is currently trading near the high of this range.
NVTS has an average volume of 4118790 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, NVTS does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for NVTS in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
1.76
3.51
When analyzing the support we can see 3 important areas.
- Support @1.90 from a horizontal line in the daily time frame.
- Support @1.87 from a trend line in the daily time frame.
- A support zone ranging from 1.78 to 1.78. This zone is formed by a combination of multiple trend lines in the weekly time frame.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 1.92 to 1.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 2.04 to 2.06. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @2.65 from a trend line in the weekly time frame.
- Resistance @3.48 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.28
Mansfield-3.64
10 Day High2.07
10 Day Low1.72
20 Day High2.07
20 Day Low1.52
52 Week High5.14
52 Week Low1.52
Performance
1 Week-5.91%
2 Weeks10.4%
1 Month0%
3 Month-36.96%
6 Month-25.97%
12 Month-58.92%
2 Year-77.66%
3 Year-76%
5 YearN/A
10 YearN/A
15 YearN/A
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)0.04
RSI(14)46.74
LBB1.66
UBB2.08
1.91
-0.02 (-1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-1.04%
1 Week-5.91%
2 Weeks10.4%
1 Month0%
3 Month-36.96%
6 Month-25.97%
12 Month-58.92%
2 Year-77.66%
3 Year-76%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.12
ATR(20)%9.11%
ATR Inc-27.61%
Range Today0.1
ADR(20)0.17
ADR(20)%8.64%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.28
Mansfield-3.64
10 Day High2.07
10 Day Low1.72
20 Day High2.07
20 Day Low1.52
52 Week High5.14
52 Week Low1.52
CS1 End1.9
CR1 Start1.92
Volume & EV
DER(3)4.38%
DER(5)4.6%
Volume1.87M
Volume Incr-46.29%
Vol(5)2.24M
Vol(50)4.12M