NAVITAS SEMICONDUCTOR CORP (NVTS) Stock Technical Analysis
USA - NASDAQ:NVTS - US63942X1063 - Common Stock
Taking everything into account, NVTS scores 9 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.
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
7.16
We found 2 important support areas.
- Support @7.76 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 | NEUTRAL | NEUTRAL | The short term trend for NVTS is neutral. |
| ChartMill Relative Strength | 98.76 | POSITIVE | NVTS has a high relative strength, it outperformed 98.76% 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) | 43.22 | NEUTRAL | The RSI value for NVTS is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests NVTS has a negative trend. |
| Stochastics (14,3) | 3.84 | OVERSOLD | The low Stochastics value suggests NVTS may be oversold. |
| Average True Range in percent/ATR (20) | 18.43 | HIGH VOLATILITY | The high ATR as a percentage value for NVTS suggests high volalility. |
| Average Directional Index/ADX (14) | 38.11 | POSITIVE | The high ADX value value for NVTS suggests a strong trend. |
9.86
-0.6 (-5.74%)
NAVITAS SEMICONDUCTOR CORP / NVTS FAQ
Can you provide the ChartMill technical rating for NAVITAS SEMICONDUCTOR CORP?
ChartMill assigns a technical rating of 9 / 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 43.216. 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 -0.645482, 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 neutral.