NANO LABS LTD (NA)

KYG6391Y1109 - Common Stock

1.69  +0.08 (+4.97%)

Technical Rating and Analysis

6

Taking everything into account, NA scores 6 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

NA is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NA has a been trading in the 1.48 - 2.28 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.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
When comparing the yearly performance of all stocks, we notice that NA is one of the better performing stocks in the market, outperforming 82% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
NA is part of the Semiconductors & Semiconductor Equipment industry. There are 106 other stocks in this industry, NA did better than 68% of them.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NA Weekly chart
NA Daily chart
Setup Rating and Analysis

5

Although the technical rating is only medium, NA does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 1.59, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

1.00

2.12

5 important support areas can be observed.

  • A support zone ranging from 1.59 to 1.59. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @1.26 from a trend line in the weekly time frame.
  • Support @1.16 from a trend line in the daily time frame.
  • Support @1.12 from a trend line in the weekly time frame.
  • Support @1.01 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 2 important areas.

  • A resistance zone ranging from 1.74 to 1.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @2.10 from a trend line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.15
Mansfield-0.83
10 Day High2
10 Day Low1.48
20 Day High2.28
20 Day Low1.48
52 Week High4.75
52 Week Low0.97
Performance
1 Week-7.47%
2 Weeks-16.58%
1 Month-19.82%
3 Month-11.05%
6 Month27.77%
12 Month54.81%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.04
RSI(14)43.6
LBB1.56
UBB2
NA Daily chart

NANO LABS LTD

NASDAQ:NA (3/28/2024, 2:31:41 PM)

1.69

+0.08 (+4.97%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg4.97%
1 Week-7.47%
2 Weeks-16.58%
1 Month-19.82%
3 Month-11.05%
6 Month27.77%
12 Month54.81%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.18
ATR(20)%12.41%
ATR Inc
Range Today0.09
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High2
10 Day Low1.48
20 Day High2.28
20 Day Low1.48
52 Week High4.75
52 Week Low0.97
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume10.00K
Volume Incr-81.15%
Vol(5)14.86K
Vol(50)212.04K