NVE Corp

NVEC has decisively broken below key support in Stage 3 distribution, with moving averages now capping rallies and volume skewed to down days, indicating sustained selling pressure. The medium-term outlook is bearish, but price is extended below EMAs and prior support turned resistance, suggesting better sell entries on a pullback. Long-term trend remains up, anchoring potential for future recoveries, but execution requires patience until price rejects from the 50-day or reclaims area. We will defer aggressive selling until a failed reclaim of resistance confirms continued breakdown.

• ↑Revenue up 81% to $11.03M in Q1 FY27; net income +79% to $6.39M.
• ↑Gross margin expanded to 81.3% from 80.6%, boosting profitability.
• ↓Customer concentration exposes revenue to few large accounts.