Taking everything into account, NVTS scores 8 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.
- The long and short term trends are both positive. This is looking good!
- NVTS is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry. NVTS outperforms 86% of them.
- In the last month NVTS has a been trading in the 7.11 - 11.15 range, which is quite wide. It is currently trading near the high of this range.
- NVTS has an average volume of 21850500 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 NVTS is one of the better performing stocks in the market, outperforming 96% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
- NVTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVTS is lagging the market.
- Volume is considerably higher in the last couple of days.
Although NVTS has an excellent technical rating, the quality of the presented setup is not ideal 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
7.20
When analyzing the support we can see 4 important areas.
- Support @9.45 from a horizontal line in the daily time frame.
- Support @8.01 from a trend line in the weekly time frame.
- Support @7.55 from a trend line in the daily time frame.
- Support @7.27 from a trend line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 10.92 to 10.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 96 | POSITIVE | NVTS has a high relative strength, it outperformed 96% 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) | DOWN | MIXED | The current price of NVTS is above a declining 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) | 55.1 | NEUTRAL | The RSI value for NVTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.17 | POSITIVE | The MACD value suggests NVTS has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 78.84 | NEUTRAL | The Stochastics value for NVTS is a neutral value. |
| Average True Range in percent/ATR (20) | 7.45 | HIGH VOLATILITY | The high ATR as a percentage value for NVTS suggests high volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for NVTS suggests a strong trend. |
9.86
-1.05 (-9.62%)
NAVITAS SEMICONDUCTOR CORP / NVTS FAQ
Can you provide the ChartMill technical rating for NAVITAS SEMICONDUCTOR CORP?
ChartMill assigns a technical rating of 8 / 10 to NVTS.
Can you provide the trend direction for NAVITAS SEMICONDUCTOR CORP?
The current trend direction for NAVITAS SEMICONDUCTOR CORP (NVTS) is Bullish.
What is the RSI signal for NAVITAS SEMICONDUCTOR CORP (NVTS) stock?
NAVITAS SEMICONDUCTOR CORP (NVTS) has an RSI value of 55.0963. This indicates that the stock is currently neutral.
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.
Can you provide the support and resistance levels for NAVITAS SEMICONDUCTOR CORP?
NAVITAS SEMICONDUCTOR CORP (NVTS) has a support level at 9.45 and a resistance level at 10.92. Check the full technical report for our detailed analysis of NVTS support and resistance levels.