NOVA Stock Sunnova Energy International (NOVA, $2.05) Moving Average Convergence Divergence (MACD) Histogram turned positive on February 20, 2025

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NOVA - Sunnova Energy International

MACD signal

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Odds of UP Trend

Price: $2.05

Daily change: -$0.02 (-0.97%)

Daily volume: 8M

Capitalization: $256.2M

NOVA's RSI Oscillator climbs out of oversold territory

The RSI Indicator for NOVA moved out of oversold territory on February 18, 2025. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 30 similar instances when the indicator left oversold territory. In of the 30 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator shows that the ticker has stayed in the oversold zone for 14 days. The price of this ticker is presumed to bounce back soon, since the longer the ticker stays in the oversold zone, the more promptly an upward trend is expected.

The Moving Average Convergence Divergence (MACD) for NOVA just turned positive on February 20, 2025. Looking at past instances where NOVA's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NOVA advanced for three days, in of 274 cases, the price rose further within the following month. The odds of a continued upward trend are .

NOVA may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NOVA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for NOVA entered a downward trend on February 20, 2025. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.