Technical Analysis for NVX - NOVONIX Limited

Grade Last Price % Change Price Change
D 2.32 2.43% 0.06
NVX closed up 0.44 percent on Wednesday, May 8, 2024, on 17 percent of normal volume.
Earnings due: May 16
*** please verify all earnings dates ***
2 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Down Up

Date Alert Name Type % Chg
Wide Bands Range Expansion 2.43%
Oversold Stochastic Weakness 2.43%
180 Bearish Setup Bearish Swing Setup 2.89%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 2.89%
Wide Bands Range Expansion 2.89%
Oversold Stochastic Weakness 2.89%
Bullish Engulfing Bullish 0.65%
Stochastic Buy Signal Bullish 0.65%
Outside Day Range Expansion 0.65%
Wide Bands Range Expansion 0.65%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakout 36 minutes ago
Rose Above Previous Day's High 36 minutes ago
Rose Above 10 DMA 36 minutes ago
Up 2% 36 minutes ago
Up 1% 36 minutes ago

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Profile

NOVONIX Limited Description

Novonix Limited develops and supplies battery materials, equipment, and services to the lithium-ion battery market in North America. It operates through three segments: Graphite Exploration and Mining, Battery Technology, and Battery Materials. The Graphite Exploration and Mining segment explores for graphite in Australia. The Battery Technology segment develops battery cell testing equipment and batteries, and consulting services. The Battery Materials segment develops and manufactures battery anode materials. The company is also involved in the investment and battery testing activities. Novonix Limited has strategic alliance with Harper International Corporation to develop specialized furnace technology that would enhance Novonix's synthetic graphite manufacturing process; and partnership with Emera Technologies to develop and manufacture energy storage systems for community microgrids. The company was formerly known as Graphitecorp Limited and changed its name to Novonix Limited in July 2017. Novonix Limited was incorporated in 2012 and is headquartered in Brisbane, Australia.


Classification

Sector: Industrials
Industry: Electrical Equipment & Parts
Keywords: Electric Battery Lithium Ion Battery Battery Types Graphite Energy Storage Systems Lithium Batteries In China Lithium–Silicon Battery

Is NVX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.59
52 Week Low 1.4
Average Volume 45,835
200-Day Moving Average 2.13
50-Day Moving Average 2.46
20-Day Moving Average 2.40
10-Day Moving Average 2.29
Average True Range 0.18
RSI (14) 45.36
ADX 11.86
+DI 18.90
-DI 24.14
Chandelier Exit (Long, 3 ATRs) 2.57
Chandelier Exit (Short, 3 ATRs) 2.71
Upper Bollinger Bands 2.85
Lower Bollinger Band 1.96
Percent B (%b) 0.34
BandWidth 37.13
MACD Line -0.06
MACD Signal Line -0.04
MACD Histogram -0.0162
Fundamentals Value
Market Cap 275.13 Million
Num Shares 122 Million
EPS -0.41
Price-to-Earnings (P/E) Ratio -5.51
Price-to-Sales 36.97
Price-to-Book 0.96
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.39
Resistance 3 (R3) 2.39 2.35 2.37
Resistance 2 (R2) 2.35 2.31 2.35 2.36
Resistance 1 (R1) 2.30 2.29 2.32 2.30 2.36
Pivot Point 2.26 2.26 2.27 2.26 2.26
Support 1 (S1) 2.21 2.22 2.24 2.22 2.16
Support 2 (S2) 2.17 2.20 2.17 2.16
Support 3 (S3) 2.12 2.17 2.15
Support 4 (S4) 2.13