NAVITAS SEMICONDUCTOR CORP (NVTS) Technical Analysis
NASDAQ:NVTS • US63942X1063
Current stock price
NVTS Technical Rating and Analysis
Taking everything into account, NVTS scores 10 out of 10 in our technical rating. Both in the recent history as in the last year, NVTS has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NVTS did better than 99% of all other stocks.
- NVTS is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry. NVTS outperforms 97% of them.
- A new 52 week high is currently being made by NVTS, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month NVTS has a been trading in the 7.66 - 19.79 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- NVTS has an average volume of 24794900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NVTS Weekly and Daily overview Charts
NVTS Setup Rating and Analysis
Although NVTS has an excellent technical rating, it does not present a decent entry opportunity 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.
More info and screens
NVTS Support and Resistance Analysis
7.80
2 important support areas can be observed.
- Support @8.73 from a trend line in the weekly time frame.
- Support @7.88 from a horizontal line in the daily time frame.
NVTS Technical Indicator Signal Analysis
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 NVTS is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVTS is up. |
| ChartMill Relative Strength | 99.42 | POSITIVE | NVTS has a high relative strength, it outperformed 99.42% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVTS is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVTS is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVTS is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.65 | OVERBOUGHT | The high RSI value suggests NVTS may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.92 | POSITIVE | The MACD value suggests NVTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 89.33 | OVERBOUGHT | The high Stochastics value suggests NVTS may be overbought. |
| Average True Range in percent/ATR (20) | 7.67 | HIGH VOLATILITY | The high ATR as a percentage value for NVTS suggests high volalility. |
| Average Directional Index/ADX (14) | 31.47 | POSITIVE | The high ADX value value for NVTS suggests a strong trend. |
NVTS Chart- and CandleStick Pattern Analysis
NVTS Technicals: Chart, Performance Metrics, Trend & Indicators
17.28
-1.23 (-6.65%)
NAVITAS SEMICONDUCTOR CORP / NVTS TA FAQ
Can you provide the ChartMill technical rating for NAVITAS SEMICONDUCTOR CORP?
ChartMill assigns a technical rating of 10 / 10 to NVTS.
What is the current trend direction of NAVITAS SEMICONDUCTOR CORP (NVTS) stock?
The current trend direction for NAVITAS SEMICONDUCTOR CORP (NVTS) is Bullish.
What is the RSI signal for NVTS stock?
NAVITAS SEMICONDUCTOR CORP (NVTS) has an RSI value of 76.6466. This indicates that the stock is currently overbought.
Can you provide the short term momentum for NAVITAS SEMICONDUCTOR CORP?
The short term momentum for NAVITAS SEMICONDUCTOR CORP (NVTS) is positive.
What is the buy/sell signal for NVTS stock?
The buy/sell signal for NAVITAS SEMICONDUCTOR CORP (NVTS) is buy as both the short term and long term trends are positive.