NANO LABS LTD-CL A (NA) Stock Technical Analysis
USA - NASDAQ:NA - KYG6391Y1281 - Common Stock
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 technical rating of NA is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.66
When analyzing the support we can see 2 important areas.
- Support @3.86 from a trend line in the weekly time frame.
- Support @3.70 from a trend line in the weekly time frame.
We can see 4 important resistance areas.
- A resistance zone ranging from 4.83 to 4.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @5.08 from a trend line in the daily time frame.
- A resistance zone ranging from 5.19 to 5.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.78 to 5.87. This zone is formed by a combination of multiple trend lines in the daily 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 | 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 | 15.8 | NEGATIVE | NA has a low relative strength, it was outperformed by 84.2% 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) | 33.94 | NEUTRAL | The RSI value for NA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NA has a negative trend. |
| Stochastics (14,3) | 8.91 | OVERSOLD | The low Stochastics value suggests NA may be oversold. |
| Average True Range in percent/ATR (20) | 8.04 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 21.91 | NEUTRAL | The ADX value for NA suggests a possible start of a new trend. |
4.42
-0.23 (-4.95%)
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.
What is the trend direction for NA stock?
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 33.9445. This indicates that the stock is currently neutral.
What is the MACD signal for NA stock?
The MACD indicator for NANO LABS LTD-CL A (NA) has a value of -0.081244, indicating a bearish trend.
What are the support and resistance levels for NANO LABS LTD-CL A (NA) stock?
NANO LABS LTD-CL A (NA) has a support level at 3.86 and a resistance level at 4.83. Check the full technical report for our detailed analysis of NA support and resistance levels.