Novavax stock: buy or sell

NVAX stock price: $189.01 5.59% At close on Jul 28th, 2021

Updated on:
Jul 29th, 2021

1

Novavax stock brief

  • Novavax stock exploded 5.59% to close at $189.01 on the stock market on Wednesday, and broke a streak of 4 sessions in red.
  • The stock is configuring an uptrend pattern since last May, when it bottomed at $117.12. Up to date, shares made a 61.38% profit since the beginning of this rally
  • Novavax, Inc., a biotechnology company, focuses on the discovery, development, and commercialization of vaccines to prevent serious infectious diseases and address health needs.

Should I buy Novavax stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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 just one buy setup eligible:

Uptrend buy setup

Novavax stock is in an uptrend since last May that so far has marked a gorgeous 61.00% gain. Price marked a local bottom in this uptrend at $172.01 on Tuesday, and since then it bounced up a 9.88%. Breaking out above $230.90 - it's last top - will be a good entry point if Novavax resumes the uptrend. If you decide to enter this trade, the suggested stop loss is at $207.81

Buy setupBuy pointStop lossRisk
Uptrend buy setup$230.90$207.8110.00%

Should I sell Novavax stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies prevent us from making rash decisions based on our personal feelings or the buzz that surrounds the market. When selling, as well as buying, our strategies are very easy to follow but are only applicable for selling shares you already own, not for selling short Novavax stock

As a rule of thumb, you should never hold an investment that produces higher than expected losses by the time of purchase. The moment to sell shares must always be determined by the stop-loss (automatic or manual)

Is it time to sell Novavax stock?

In the current situation of Novavax there is not any eligible sell setup, so Novavax stock holders with operations in green can keep their positions

Novavax ratings

In the last 30 days we couldn't find any rating for Novavax

Novavax stock analysis

Novavax stock started an uptrend last May, and gained a gorgeous 61.38%. During this uptrend, the price offered some buy points on the breakouts. Latest pullback was on Tuesday, when price bounced at $172.01. Like in all uptrends, price needs to rest and now price is moving in a range between $230.90 and $172.01

SMAs overview

NVAX stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $189.40 (0.21% above)
  • R2: $196.60 (4.02% above)
  • R3: $199.00 (5.29% above)
  • The current support levels are:

  • S1: $184.60 (-2.33% below)
  • S2: $182.60 (-3.39% below)
  • S3: $179.00 (-5.30% below)
  • Bollinger bands

    NVAX stock Bollinger Bands chart

    Relative strength index

    When the moves for so long below 70 and above 30, without showing moments of overbought and oversold, the indicator turns out to be of little use, and we find ourselves in one of these situations.

    NVAX stock RSI chart

    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 180.01%, with an average of 7.20% per year. An investment of $1,000USD at that time would worth $2,800.15 today.

    1: Adjusted price after possible price splits or reverse-splits

    NVAX stock price history chart

    Price target for Novavax stock

    Nobody can predict how much a stock will be priced in the future. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.

    Along with buy or sell recommendations, financial institutions post their price predictions 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 targets are not direct recommendations for small investors and should not be trusted blindly.

    In the last 30 days we couldn't find any price target published for Novavax stock.

    Earnings and financials

    Shareholders call was hosted by Novavax ($NVAX) last May after releasing the financial report. Novavax presented earnings of $-3.05 per share on revenue of $447.2 million. The market estimate was $-3.60 per share on revenue of $233.9 million.

    Same quarter one year ago, reported EPS was $-0.58, so recently posted EPS means a loss of -425.86%. Looking at turnover, figures exploded a 13,143.38% compared to $33.8M same quarter a year ago.

    Novavax ($NVAX) presents earnings report next Monday. Analysts predict of $-3.63, that is a 19.02% lower than Q1.

    Novavax performance

    NVAX performance compared
    Company1m3m6m
    Novavax ($NVAX) -3.20% -23.70% 44.30%

    Disclaimer:
    The opinions given in this post are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this report does not have an understanding of the particular scenarios of the reader, his or her financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Comments are published for informational purposes only

    Novavax summary

    Wednesday, July 28th, 2021
    Open$185.42
    Close$189.01
    Day range$180.37 - $189.48
    Previous close$179.01
    Session gain5.59%
    Average true range$18.04
    50d mov avg$184.55
    100d mov avg$188.20
    200d mov avg$167.26
    Earnings dateAugust 9th, 2021

    Frequently asked questions

    What is Novavax stock symbol?

    Novavax, Inc. is a public company trading in the US stock market with the NVAX symbol

    Is Novavax stock a buy or sell?

    Novavax had no ratings in the last 30 days Read the article to get additional tips on trading NVAX stock.

    Will NVAX go up?

    There were no price targets issued by market analysts in the last 30 days for Novavax.

    Latest Novavax news