NANO LABS LTD-CL A (NA) Stock Technical Analysis
USA - NASDAQ:NA - KYG6391Y1281 - Common Stock
5.38 USD
-0.13 (-2.36%)
5.49 USD
+0.11 (+2.04%)
Taking everything into account, NA scores 1 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.
When comparing the yearly performance of all stocks, NA is a bad performer in the overall market: 97% of all stocks are doing better.
NA is part of the Semiconductors & Semiconductor Equipment industry. There are 112 other stocks in this industry, of which 94% 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.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
In the last month NA has a been trading in the 4.79 - 6.18 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. There is a support zone below the current price at 4.92, a Stop Loss order could be placed below this zone.
More info and screens
3.73
10.33
3 important support areas can be observed.
- A support zone ranging from 4.85 to 4.92. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 4.36 to 4.37. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.77 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 5.46 to 5.52. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.12 from a horizontal line in the daily time frame.
- Resistance @10.23 from a trend line in the weekly time frame.
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 | NEUTRAL | NEUTRAL | The long term trend for NA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NA is neutral. |
| ChartMill Relative Strength | 3.16 | NEGATIVE | NA has a low relative strength, it was outperformed by 96.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NA is above 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) | 51.45 | NEUTRAL | The RSI value for NA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 62.55 | NEUTRAL | The Stochastics value for NA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.7 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.03 | NEGATIVE | The low ADX value for NA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
5.38
-0.13 (-2.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg-2.36%
1 Week4.81%
2 Weeks2.64%
1 Month-10.8%
3 Month-46.41%
6 Month21.11%
12 Month-46.04%
2 Year-56.75%
3 Year-66.15%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.39
ATR(20)%7.7%
ATR Inc9.64%
Range Today0.43
ADR(20)0.41
ADR(20)%7.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS3.16
Mansfield-2.32
10 Day High6.1
10 Day Low4.82
20 Day High6.18
20 Day Low4.79
52 Week High31.48
52 Week Low2.77
CS1 End4.92
CR1 Start5.46
Volume & EV
DER(3)-3.41%
DER(5)-1.32%
Volume145.50K
Volume Incr-1.03%
Vol(5)212.90K
Vol(50)403.56K