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NVTSNavitas Semiconductor Corp

NASDAQDaily chart
Range low retest · 25 Mar 2024

NVTS slipped below its $4.76 – $8.95 range and came back to test the low on 25 Mar 2024.

Range low
$4.76
support
Range high
$8.95
88% above the low
In the range since
Sept 2023
8 mo
Close on retest day
$4.43
7% below the range low
  • Previous range $14.14 – $33.82 lasted 5 mo and broke downward at $10.27.
  • 7 sideways ranges found since 2021.
What is a range retest, and how do I read the chart?

A stock moves sideways between a floor (the range low) and a ceiling (the range high) for a long time. Then it drops below the floor, fails to climb back in, and returns to test that low again. Traders also call this a spring. Some springs mark the end of a decline; many don't.

On the chart, each candle is one trading day. The purple lines are the range the signal came from, and the green Retest label marks the day RangeStocks flagged. Tick “Show past sideways ranges” to see earlier ranges.

Daily chart

Sideways range history

RangeStartedEndedOutcomeRetests
29 Apr 202616 Sept 2026 · 5 moBroke below the range at $10.27—
21 May 202524 Apr 2026 · 11 moBroke above the range at $19.79—
30 Aug 202411 Jun 2025 · 9 moBroke above the range at $9.17—
28 Mar 202410 Sept 2024 · 5 moBroke below the range at $2.22—
1 Sept 202322 Apr 2024 · 8 moBroke below the range at $3.5425 Mar 2024
21 Jun 202214 Jun 2023 · 1 yrBroke above the range at $10.12—
14 Dec 202124 Feb 2022 · 2 moBroke below the range at $8.49—

Retest signals

  • 25 Mar 2024 · 7 mo into the range

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Past patterns don't predict future price moves. This page shows what an automated algorithm detected and is not financial advice. Read the disclaimer.