Navitas Semiconductor Corporation stock price fell more than -5.38% Friday closing at $5.10

StockInvest.us, 1 month ago

Navitas Semiconductor Corporation

The Navitas Semiconductor Corporation stock price fell by -5.38% on the last day (Friday, 30th May 2025) from $5.39 to $5.10. It has now fallen 3 days in a row. During the last trading day the stock fluctuated 9.09% from a day low at $4.95 to a day high of $5.40. The price has fallen in 7 of the last 10 days but is still up by 146.38% over the past 2 weeks. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -60 million shares and in total, 45 million shares were bought and sold for approximately $228.23 million.

On Apr 07, 2025, it was reported that Morgan Stanley gave NVTS a "Underweight" grade with a "downgrade" action.

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled.Given the current short-term trend, the stock is expected to rise 24.13% during the next 3 months and, with a 90% probability hold a price between $2.52 and $8.15 at the end of this 3-month period.

Navitas Semiconductor Corporation

The Navitas Semiconductor Corporation stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at $4.93 and $2.53. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Tuesday, May 27, 2025, and so far it has fallen -21.54%. Further fall is indicated until a new bottom pivot has been found. Volume fell together with the price during the last trading day and this reduces the overall risk as volume should follow the price movements.

Navitas Semiconductor Corporation finds support from accumulated volume at $5.05 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock may move very much during the day (volatility) and with a very large prediction interval from the Bollinger Band this stock is considered to be "very high risk". During the last day, the stock moved $0.450 between high and low, or 9.09%. For the last week, the stock has had daily average volatility of 28.40%.

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Navitas Semiconductor Corporation stock to perform well in the short-term.

Check full Navitas Semiconductor Corporation forecast and analysis here.