NOVAVAX INC. - 15 min. - Technical analysis published on 06/06/2024 (GMT)
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- Timeframe : 15 min.
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Bullish
Underlying:
Strongly bullish
Technical indicators
22%
44%
33%
My opinion
Bullish above 20.34 USD
My targets
22.87 USD (+9.07%)
24.78 USD (+18.15%)
My analysis
The basic bullish trend is very strong on NOVAVAX INC. but the short term shows some signs of running out of steam. However, a purchase could be considered as long as the price remains above 20.34 USD. Crossing the first resistance at 22.87 USD would be a sign of a potential new surge in the price. Buyers would then use the next resistance located at 24.78 USD as an objective. Crossing it would then enable buyers to target 27.31 USD. Caution, a return to below 20.34 USD would be a sign of a consolidation phase in the short-term basic trend. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.
Force
0
10
3.6
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Additional analysis
Quotes
The NOVAVAX INC. price is 20.97 USD. The price registered an increase of +18.07% on the session and was traded between 17.80 USD and 22.24 USD over the period. The price is currently at +17.81% from its lowest and -5.71% from its highest.17.80
22.24
20.97
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 5 days
Abnormal volumes
Timeframe : 20 days
Technical
Technical analysis of NOVAVAX INC. in 15 min. shows a strongly overall bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : Moving Average 20
Type : Bearish
Timeframe : 15 minutes
An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : 15 minutes
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 12.68 | 15.70 | 17.40 | 20.97 | 22.24 | 48.87 | 133.00 |
Change (%) | -39.53% | -25.13% | -17.02% | - | +6.06% | +133.05% | +534.24% |
Change | -8.29 | -5.27 | -3.57 | - | +1.27 | +27.90 | +112.03 |
Level | Minor | Major | Intermediate | - | Intermediate | Minor | Intermediate |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 13.99 | 15.90 | 18.43 | 20.34 | 22.87 | 24.78 | 27.31 |
Camarilla | 19.75 | 20.16 | 20.56 | 20.97 | 21.38 | 21.78 | 22.19 |
Woodie | 14.31 | 16.06 | 18.75 | 20.50 | 23.19 | 24.94 | 27.63 |
Fibonacci | 15.90 | 17.59 | 18.64 | 20.34 | 22.03 | 23.08 | 24.78 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 11.59 | 12.54 | 13.79 | 14.74 | 15.99 | 16.94 | 18.19 |
Camarilla | 14.43 | 14.63 | 14.83 | 15.03 | 15.23 | 15.43 | 15.64 |
Woodie | 11.73 | 12.62 | 13.93 | 14.82 | 16.13 | 17.02 | 18.33 |
Fibonacci | 12.54 | 13.38 | 13.90 | 14.74 | 15.58 | 16.10 | 16.94 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -6.03 | -0.87 | 7.08 | 12.24 | 20.19 | 25.35 | 33.30 |
Camarilla | 11.43 | 12.63 | 13.83 | 15.03 | 16.23 | 17.43 | 18.64 |
Woodie | -4.64 | -0.17 | 8.48 | 12.94 | 21.59 | 26.05 | 34.70 |
Fibonacci | -0.87 | 4.14 | 7.23 | 12.24 | 17.25 | 20.34 | 25.35 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
RSI (14): | 57.37 | |
MACD (12,26,9): | 0.4200 | |
Directional Movement: | 7.66 | |
AROON (14): | 21.43 | |
DEMA (21): | 21.50 | |
Parabolic SAR (0,02-0,02-0,2): | 21.74 | |
Elder Ray (13): | -0.11 | |
Super Trend (3,10): | 19.86 | |
Zig ZAG (10): | 20.97 | |
VORTEX (21): | 0.9900 | |
Stochastique (14,3,5): | 46.13 | |
TEMA (21): | 21.29 | |
Williams %R (14): | -62.22 | |
Chande Momentum Oscillator (20): | -0.42 | |
Repulse (5,40,3): | -0.9000 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.4500 | |
Courbe Coppock: | 2.16 |
MA7: | 16.84 | |
MA20: | 13.93 | |
MA50: | 8.20 | |
MA100: | 6.39 | |
MAexp7: | 21.05 | |
MAexp20: | 20.84 | |
MAexp50: | 19.73 | |
MAexp100: | 18.47 | |
Price / MA7: | +24.52% | |
Price / MA20: | +50.54% | |
Price / MA50: | +155.73% | |
Price / MA100: | +228.17% | |
Price / MAexp7: | -0.38% | |
Price / MAexp20: | +0.62% | |
Price / MAexp50: | +6.28% | |
Price / MAexp100: | +13.54% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The last news published on NOVAVAX INC. at the time of the generation of this analysis was as follows:
- Novavax to Participate in 2024 Jefferies Global Healthcare Conference
- Novavax to Participate in BofA Securities 2024 Health Care Conference
- Novavax Reports First Quarter 2024 Financial Results and Operational Highlights
- Novavax and Sanofi Announce Co-exclusive Licensing Agreement to Co-commercialize COVID-19 Vaccine and Develop Novel COVID-19-Influenza Combination Vaccines
- Novavax to Host Conference Call to Discuss First Quarter 2024 Financial Results and Operational Highlights on May 10, 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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