NAVITAS SEMICONDUCTOR CORP (NVTS) Stock Technical Analysis
USA - NASDAQ:NVTS - US63942X1063 - Common Stock
Taking everything into account, NVTS scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NVTS is showing a nice and steady performance.
NVTS has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price.
More info and screens
7.16
2 important support areas can be observed.
- Support @7.66 from a trend line in the daily time frame.
- Support @7.23 from a trend line in the weekly time frame.
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 | 99.06 | POSITIVE | NVTS has a high relative strength, it outperformed 99.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NVTS is below 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) | 52.69 | NEUTRAL | The RSI value for NVTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.34 | NEGATIVE | The MACD value suggests NVTS has a negative trend. |
| Stochastics (14,3) | 28.66 | NEUTRAL | The Stochastics value for NVTS is a neutral value. |
| Average True Range in percent/ATR (20) | 14.42 | HIGH VOLATILITY | The high ATR as a percentage value for NVTS suggests high volalility. |
| Average Directional Index/ADX (14) | 43.56 | POSITIVE | The high ADX value value for NVTS suggests a strong trend. |
12.25
-1.21 (-8.99%)
NAVITAS SEMICONDUCTOR CORP / NVTS 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 trend direction for NVTS stock?
The current trend direction for NAVITAS SEMICONDUCTOR CORP (NVTS) is Bullish.
Can you provide the RSI signal for NAVITAS SEMICONDUCTOR CORP?
NAVITAS SEMICONDUCTOR CORP (NVTS) has an RSI value of 52.6869. This indicates that the stock is currently neutral.
What is the MACD signal for NAVITAS SEMICONDUCTOR CORP (NVTS) stock?
The MACD indicator for NAVITAS SEMICONDUCTOR CORP (NVTS) has a value of -0.34458, indicating a bearish trend.
What is the short term momentum for NAVITAS SEMICONDUCTOR CORP (NVTS) stock?
The short term momentum for NAVITAS SEMICONDUCTOR CORP (NVTS) is positive.