Novavax stock: buy or sell
Jan 27th, 2021
Novavax stock brief
- Novavax stock dropped -3.27% to close at $127.16 on the stock market on Tuesday.
Should I buy Novavax stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $NVAX stock a buy?
In the current situation of Novavax there is not any eligible buy setup. This doesn't mean we expect a selloff for $NVAX in coming sessions, or that it may not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Novavax stock?
"To sell or not to sell", if you are holding Novavax shares?. Just as when we have to buy shares, deciding when is appropiate time to sell is not a haphazard decision, and we must use our own trading style. When selling, as well as buying, detailed strategies are very easy to use but are only valid for selling stocks in your porfolio, not for shorting Novavax stock
A guiding principle is that you should not hold a trade that generates greater losses than those expected upon purchase. When to sell your stock should always be dictated by the stop-loss (automatic or manual)
Is it time to sell Novavax stock?
Currently, Novavax stock doesn't match any of our preferred sell setups, so if you hold Novavax shares and your operation is in profit probably is not time to sell now
In the previous month we couldn't find any rating for Novavax
Novavax stock analysis
Supports and resistances
The current resistances are:
The current support levels are:
Relative strength index
The RSI dropped below the overbought level of 70 in early December after just crossing to the overbough zone for a single day (weak signal). The RSI reading on Tuesday was 53.66. Since that level was lost, Novavax price sank a 8.85%
Novavax stock price history
Novavax went public priced at an adjusted price1 of $67.50 on Dec 1995. Since then, NVAX stock has risen by 88.39%, with an average of 3.54% per year. An investment of thousand dollars on the IPO would be valued $1,883.85 today.
1: Adjusted price after possible price splits or reverse-splits
Price target for Novavax stock
How much a stock will be priced tomorrow or next week is quite unpredictable. Banks and financial organisations publish their analysis forecasting how a particular stock will performance in the future.
Along with buy or sell recommendations, financial institutions release their price forecasts based on the stock price action and the company fundamental data. Most of these predictions follow the release of new financial information by the company, and many times. Again, these predictions are not direct recommendations for small investors and must not be followed blindly.
In the last 30 days we couldn't find any price target posted for Novavax stock.
Earnings and financials
Last November, Novavax, Inc. ($NVAX) posted EPS for that far worsened Market expectations. Quarterly EPS was $-3.21 per share from an estimated $1.73. This Q3 report represents an earnings surprise of -285.55%. Estimated turnover was $230.6 million but Novavax severely failed to match by 31.90%, posting $157.0 million.Same quarter last year, reported EPS was $-0.74, so recently reported EPS means a loss of -333.78%. Looking at turnover, figures skyrocketed a 6,163.42% compared to $25.1M same quarter a year ago.
Novavax ($NVAX) is hosting the Q4 earnings call next March.
Disclaimer:The comments published in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this report does not know the individual circumstances of the reader, his or her finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Thoughts are posted for educative reasons only
|Tuesday, January 26th, 2021|
|Day range||$126.68 - $132.47|
|Average true range||$11.00|
|50d mov avg||$117.39|
|100d mov avg||$108.62|
|200d mov avg||$94.28|
|Earnings date||March 10th, 2021|
Frequently asked questions
What is Novavax stock symbol?
Is Novavax stock a buy or sell?
Will NVAX go up?
Latest Novavax news
- InvestorPlaceVaccines Aren’t Winner-Take-All, Making Novavax Stock a Smart Covid PlayNov 19, 2020
- InvestorPlaceThe Red Ink on Novavax Only Hides Its True PotentialNov 19, 2020