NVX Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

NOVONIX Ltd (NVX) Moving Averages Convergence Divergence (MACD) indicator is -0.015, suggesting NVX is Strong Sell.

NOVONIX Ltd (NVX) 20-Day simple moving average is 0.747, while NOVONIX Ltd (NVX) share price is $0.705, making it Sell.

NOVONIX Ltd (NVX) 60-Day simple moving average is 0.782, while NOVONIX Ltd (NVX) share price is $0.705, making it Sell.

Technical Analysis for NVX

Technical Sentiment Analysis for NOVONIX Ltd (NVX) As of 2026-05-08, NOVONIX Ltd (NVX) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 10 technical signals, shows that 0 indicators are flashing buy, while 10 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for NVX stands at 44.293, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.015, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 21.769 and the Commodity Channel Index (CCI) at -69.566 further confirm a -0.0186 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, NVX is trading below its 60-day moving average of $0.782 and below its 200-day long-term moving average of $1.164. Key price levels to watch include the immediate resistance at $0.761 and strong support at $0.675. A break above $0.761 could signal a bull continuation, while falling below $0.675 may test the next Fibonacci floor at $0.631.

NOVONIX Ltd (NVX) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.588	0.631	0.675	0.717	0.761	0.804	0.848
Fibonacci	0.631	0.664	0.684	0.717	0.75	0.771	0.804

NOVONIX Ltd (NVX) Technical Indicators

2026-05-08

Name	Value
RSI_14	44.293
STOCHk_14_3_3	21.769
STOCHd_14_3_3	20.717
CCI_20	-69.566
AO_5_34	-0.0139
MOM_10	-0.0186
MACD_12_26_9	-0.015

NOVONIX Ltd (NVX) Relative Strength Index (RSI) is 44.293, creating a Neutral signal.

NOVONIX Ltd (NVX) Stochastic Oscillator is 21.769, creating a Neutral signal.

NOVONIX Ltd (NVX) Stochastic RSI is 20.717, creating a Neutral signal.

NOVONIX Ltd (NVX) Commodity Channel Index (CCI) is -69.566, creating a Neutral signal.

NOVONIX Ltd (NVX) Awesome Oscillator is -0.0139, creating a Sell signal.

NOVONIX Ltd (NVX) Momentum is -0.0186, creating a Sell signal.

NOVONIX Ltd (NVX) MACD is -0.015, creating a Sell signal.

NOVONIX Ltd (NVX) Moving Average

2026-05-08

Period	Simple	Signal
MA_5	0.711	Sell
MA_10	0.718	Sell
MA_20	0.747	Sell
MA_60	0.782	Sell
MA_200	1.164	Sell
MA_250	1.175	Sell

NOVONIX Ltd (NVX) 5-Day simple moving average is 0.711, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

NOVONIX Ltd (NVX) 10-Day simple moving average is 0.718, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

NOVONIX Ltd (NVX) 20-Day simple moving average is 0.747, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

NOVONIX Ltd (NVX) 60-Day simple moving average is 0.782, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

NOVONIX Ltd (NVX) 200-Day simple moving average is 1.164, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

NOVONIX Ltd (NVX) 250-Day simple moving average is 1.175, while NOVONIX Ltd (NVX) share price is $0.705, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for NVX?

The overall technical consensus for NOVONIX Ltd (NVX) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 0 buy signals and 4 sell signals.

What are the key support and resistance levels for NOVONIX Ltd (NVX) today?

Based on pivot point calculations, NOVONIX Ltd (NVX) has an immediate support level at 0.675 and a major resistance level at 0.761. Traders also monitor the pivot point at 0.717 to determine the intraday trend direction.

Is NOVONIX Ltd (NVX) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for NOVONIX Ltd (NVX) is currently 44.293. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for NOVONIX Ltd (NVX)?

NOVONIX Ltd (NVX) Moving Averages Convergence Divergence (MACD) indicator is -0.015, suggesting NVX is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for NOVONIX Ltd.

How is NOVONIX Ltd (NVX) performing relative to its 200-day moving average?

NOVONIX Ltd (NVX) is currently trading at $0.705, which is below its 200-day simple moving average of 1.164. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.