NAVITAS SEMICONDUCTOR CORP (NVTS)
US63942X1063 - Common Stock
We assign a technical rating of 0 out of 10 to NVTS. NVTS 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, NVTS is a bad performer in the overall market: 95% of all stocks are doing better.
NVTS is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, of which 88% are performing better than NVTS.
NVTS is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NVTS has an average volume of 2816180 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NVTS has a been trading in the 1.75 - 2.91 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of NVTS is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
2.40
4.91
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 2.55 to 2.62. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Resistance @2.74 from a trend line in the daily time frame.
- Resistance @3.73 from a trend line in the daily time frame.
- Resistance @4.86 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.77
Mansfield-5.25
10 Day High2.47
10 Day Low1.75
20 Day High2.91
20 Day Low1.75
52 Week High8.44
52 Week Low1.75
Performance
1 Week35.96%
2 Weeks12.04%
1 Month-5.1%
3 Month-21.68%
6 Month-34.59%
12 Month-66.48%
2 Year-49.16%
3 Year-87.66%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.02
RSI(14)57.05
LBB1.58
UBB2.46
NAVITAS SEMICONDUCTOR CORP
NASDAQ:NVTS (11/22/2024, 8:00:02 PM)
Premarket: 2.44 +0.02 (+0.83%)2.42
+0.4 (+19.8%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg19.8%
1 Week35.96%
2 Weeks12.04%
1 Month-5.1%
3 Month-21.68%
6 Month-34.59%
12 Month-66.48%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.19
ATR(20)%8.2%
ATR Inc
Range Today0.42
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2.47
10 Day Low1.75
20 Day High2.91
20 Day Low1.75
52 Week High8.44
52 Week Low1.75
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume7.79M
Volume Incr-2.26%
Vol(5)3.18M
Vol(50)2.82M