NOVONIX LTD-ADR (NVX) Stock Technical Analysis
NASDAQ:NVX - Nasdaq - US67010L1008 - ADR - Currency: USD
Taking everything into account, NVX scores 0 out of 10 in our technical rating. NVX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NVX is a bad performer in the overall market: 92% of all stocks are doing better.
NVX is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 87% of 125 stocks in the same industry do better.
NVX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NVX has a been trading in the 0.99 - 1.21 range, which is quite wide. It is currently trading near the high of this range.
The technical rating of NVX is bad and it also does not present a quality setup 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
0.99
1.49
When analyzing the support we can see 7 important areas.
- Support @1.22 from a trend line in the weekly time frame.
- Support @1.20 from a trend line in the daily time frame.
- A support zone ranging from 1.14 to 1.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.11 from a trend line in the daily time frame.
- Support @1.06 from a trend line in the weekly time frame.
- A support zone ranging from 1.03 to 1.03. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.00 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @1.48 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 | DOWN | NEGATIVE | The long term trend for NVX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NVX is neutral. |
| ChartMill Relative Strength | 8.88 | NEGATIVE | NVX has a low relative strength, it was outperformed by 91.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NVX is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NVX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NVX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.14 | NEUTRAL | The RSI value for NVX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NVX has a positive trend. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for NVX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for NVX suggests high volalility. |
| Average Directional Index/ADX (14) | 10.48 | NEGATIVE | The low ADX value for NVX suggests a weak or negative trend. |
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)
NASDAQ:NVX (7/15/2025, 12:44:25 PM)
1.295
+0.18 (+16.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg16.67%
1 Week3.74%
2 Weeks7.25%
1 Month-6.72%
3 Month-5.93%
6 Month-37.64%
12 Month-36.02%
2 Year-57.47%
3 Year-86.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%5.52%
ATR Inc-13.52%
Range Today0.35
ADR(20)0.06
ADR(20)%4.43%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS8.88
Mansfield-3.16
10 Day High1.21
10 Day Low1
20 Day High1.21
20 Day Low0.99
52 Week High2.73
52 Week Low0.81
CS1 End1.06
CR1 Start1.11
Volume & EV
DER(3)8.65%
DER(5)2.59%
Volume572.73K
Volume Incr10.02%
Vol(5)65.60K
Vol(50)75.53K