NANO LABS LTD-CL A (NA) Technical Analysis
NASDAQ:NA • KYG6391Y1281
Current stock price
1.81 USD
+0.04 (+2.26%)
At close:
1.82 USD
+0.01 (+0.55%)
After Hours:
NA Technical Rating and Analysis
Overall NA gets a technical rating of 0 out of 10. 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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NA is a bad performer in the overall market: 96% of all stocks are doing better.
- NA is part of the Semiconductors & Semiconductor Equipment industry. There are 115 other stocks in this industry, of which 93% 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 1.58 - 3.37 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NA Weekly and Daily overview Charts
NA Setup Rating and Analysis
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
NA Support and Resistance Analysis
1.79
3.28
When analyzing the resistance we notice 6 important areas.
- Resistance @2.42 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.79 to 2.81. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @2.94 from a trend line in the daily time frame.
- Resistance @3.08 from a trend line in the daily time frame.
- Resistance @3.16 from a horizontal line in the daily time frame.
- Resistance @3.25 from a horizontal line in the daily time frame.
NA Technical Indicator Signal Analysis
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 | 4 | NEGATIVE | NA has a low relative strength, it was outperformed by 96% 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) | 30.14 | NEUTRAL | The RSI value for NA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.09 | NEGATIVE | The MACD value suggests NA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.91 | OVERSOLD | The low Stochastics value suggests NA may be oversold. |
| Average True Range in percent/ATR (20) | 13.51 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 28.33 | POSITIVE | The high ADX value value for NA suggests a strong trend. |
NA Chart- and CandleStick Pattern Analysis
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)
NA Technicals: Chart, Performance Metrics, Trend & Indicators
1.81
+0.04 (+2.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg2.26%
1 Week-18.1%
2 Weeks-34.66%
1 Month-38.85%
3 Month-43.61%
6 Month-58.96%
12 Month-62.76%
2 Year-62.95%
3 Year-91.46%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%13.51%
ATR Inc-11.64%
Range Today0.21
ADR(20)0.24
ADR(20)%13.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS4
3 months CRS4.33
6 months CRS5.96
Mansfield-6.49
10 Day High2.76
10 Day Low1.58
20 Day High3.37
20 Day Low1.58
52 Week High31.48
52 Week Low1.58
CS1 EndN/A
CR1 Start2.42
Volume & EV
DER(3)0.82%
DER(5)-6.02%
Volume82.70K
Volume Incr74.36%
Vol(5)136.62K
Vol(50)79.38K
NANO LABS LTD-CL A / NA TA 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 current trend direction of NANO LABS LTD-CL A (NA) stock?
The current trend direction for NANO LABS LTD-CL A (NA) is Bearish.
What is the RSI signal for NANO LABS LTD-CL A (NA) stock?
NANO LABS LTD-CL A (NA) has an RSI value of 30.1432. This indicates that the stock is currently neutral.
What is the short term momentum for NANO LABS LTD-CL A (NA) stock?
The short term momentum for NANO LABS LTD-CL A (NA) is negative.
Can you provide the support and resistance levels for NANO LABS LTD-CL A?
NANO LABS LTD-CL A (NA) has a resistance level at 2.42. Check the full technical report for our detailed analysis of NA support and resistance levels.