NANO LABS LTD-CL A (NA) Stock Technical Analysis
NASDAQ:NA • KYG6391Y1281
Taking everything into account, NA scores 0 out of 10 in our technical rating. NA scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NA is a bad performer in the overall market: 93% of all stocks are doing better.
- NA is part of the Semiconductors & Semiconductor Equipment industry. There are 113 other stocks in this industry, of which 91% are performing better than NA.
- NA is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NA has a been trading in the 2.81 - 3.98 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NA has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 2.94, a Stop Loss order could be placed below this zone.
More info and screens
2.91
3 important support areas can be observed.
- Support @3.23 from a trend line in the daily time frame.
- A support zone ranging from 2.99 to 3.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @2.94 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 3.26 to 3.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NA is down. |
| ChartMill Relative Strength | 7.56 | NEGATIVE | NA has a low relative strength, it was outperformed by 92.44% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.68 | NEUTRAL | The RSI value for NA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.14 | NEUTRAL | The Stochastics value for NA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.08 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.33 | NEUTRAL | The ADX value for NA suggests a possible start of a new trend. |
3.25
+0.3 (+10.17%)
NANO LABS LTD-CL A / NA FAQ
Can you provide the ChartMill technical rating for NANO LABS LTD-CL A?
ChartMill assigns a technical rating of 0 / 10 to NA.
Can you provide the trend direction for NANO LABS LTD-CL A?
The current trend direction for NANO LABS LTD-CL A (NA) is Bearish.
What is the RSI signal for NA stock?
NANO LABS LTD-CL A (NA) has an RSI value of 48.6812. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NANO LABS LTD-CL A?
The MACD indicator for NANO LABS LTD-CL A (NA) has a value of -0.0195218, indicating a bearish trend.
What is the buy/sell signal for NANO LABS LTD-CL A (NA) stock?
The buy/sell signal for NANO LABS LTD-CL A (NA) is sell as both the short term and long term trends are negative.