Novavax Inc (NVAX): What are the Medium Range Signals Telling Us?
Interested investors might be taking a look at the medium range signals for Novavax Inc (NVAX). The reading from the 40-day commodity channel index is currently Buy. The CCI indicator is mainly used to identify oversold and overbought levels. The signal direction is Strongest.
Many investors are concerned with the proper portfolio diversification. Stock portfolio diversification entails spreading the investment dollars around to help minimize risk. When investors are creating a portfolio, they may be looking to add a combination of growth, value, income, dividend, and foreign stocks. They may also be spreading out stock picks among various industries. Keeping a mix of stocks that perform differently under certain market conditions can help keep the portfolio afloat when the environment ...