NAVITAS SEMICONDUCTOR CORP (NVTS)

US63942X1063 - Common Stock

4.12  +0.14 (+3.52%)

Premarket: 4.12 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, NVTS scores 7 out of 10 in our technical rating. NVTS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NVTS has an average volume of 5931150 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NVTS turns out to be only a medium performer in the overall market: it outperformed 61% of all stocks.
NVTS is part of the Semiconductors & Semiconductor Equipment industry. There are 108 other stocks in this industry, NVTS did better than 68% of them.
NVTS is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NVTS is lagging the market.
In the last month NVTS has a been trading in the 2.33 - 4.66 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NVTS Weekly chart
NVTS Daily chart
Setup Rating and Analysis

3

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.

Support and Resistance Analysis

2.96

4.91

We found 1 important support area.

  • Support @2.99 from a trend line in the daily time frame.

We can see 2 important resistance areas.

  • Resistance @4.29 from a trend line in the daily time frame.
  • Resistance @4.86 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.04
Mansfield-0.87
10 Day High4.14
10 Day Low2.74
20 Day High4.66
20 Day Low2.34
52 Week High7.92
52 Week Low1.75
Performance
1 Week24.85%
2 Weeks0.98%
1 Month61.57%
3 Month59.69%
6 Month4.83%
12 Month-48.95%
2 Year17.38%
3 Year-75.78%
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)64.26
LBB2.75
UBB4.58
NVTS Daily chart

NAVITAS SEMICONDUCTOR CORP

NASDAQ:NVTS (12/26/2024, 8:00:02 PM)

Premarket: 4.12 0 (0%)

4.12

+0.14 (+3.52%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg3.52%
1 Week24.85%
2 Weeks0.98%
1 Month61.57%
3 Month59.69%
6 Month4.83%
12 Month-48.95%
2 Year17.38%
3 Year-75.78%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.51
ATR(20)%12.16%
ATR Inc-36.59%
Range Today0.35
ADR(20)0.48
ADR(20)%11.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS61.04
Mansfield-0.87
10 Day High4.14
10 Day Low2.74
20 Day High4.66
20 Day Low2.34
52 Week High7.92
52 Week Low1.75
CS1 End2.99
CR1 Start4.29
Volume & EV
DER(3)7.78%
DER(5)4.56%
Volume6.14M
Volume Incr6.51%
Vol(5)9.35M
Vol(50)5.93M