In this daily chart of NAVI, above, we can see that prices are above the now rising 50-day and 200-day moving averages. The On-Balance-Volume (OBV) line has been pointed up since it bottomed in January/February. A rising OBV line tells us that buyers of NAVI have been more aggressive with the volume of trading heavier on days when NAVI has closed higher.
The daily momentum study is not showing any bearish divergences now to warn us off about being bullish.
In this weekly chart of NAVI, above, you can see that prices are above the 40-week moving average line. The slope of the line is still neutral but should turn positive soon. The OBV line on this weekly timeframe is OK, not rising, which would be more bullish. The trend-following Moving Average Convergence Divergence (MACD) oscillator is above the zero line and bullish.
Strategy - I would buy NAVI at current levels; $19 is my upside target and $13 is my risk point right now.