NANO LABS LTD-CL A (NA) Stock Technical Analysis
NASDAQ:NA - Nasdaq - KYG6391Y1281 - Common Stock - Currency: USD
Overall NA gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NA is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that NA is one of the better performing stocks in the market, outperforming 99% of all stocks.
NA is one of the better performing stocks in the Semiconductors & Semiconductor Equipment industry, it outperforms 99% of 110 stocks in the same industry.
A new 52 week high is currently being made by NA, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NA has a been trading in the 3.33 - 31.48 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NA has an excellent technical rating, it does not present a decent entry opportunity 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
14.70
15.00
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 | UP | POSITIVE | The long term trend for NA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NA is up. |
| ChartMill Relative Strength | 99.13 | POSITIVE | NA has a high relative strength, it outperformed 99.13% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 76.81 | OVERBOUGHT | The high RSI value suggests NA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.45 | POSITIVE | The MACD value suggests NA has a positive trend. |
| Stochastics (14,3) | 67.54 | NEUTRAL | The Stochastics value for NA is a neutral value. |
| Average True Range in percent/ATR (20) | 17.36 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 43.93 | POSITIVE | The high ADX value value for NA suggests a strong 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)
14.85
+3.96 (+36.36%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySemiconductors & Semiconductor Equipment
Performance
% Chg36.36%
1 Week45.87%
2 Weeks31.3%
1 Month300.27%
3 Month230%
6 Month91.61%
12 Month234.01%
2 Year-24.62%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.54
ATR(20)%17.36%
ATR Inc478.06%
Range Today16.98
ADR(20)2.35
ADR(20)%15.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.13
Mansfield13.5
10 Day High31.48
10 Day Low7.75
20 Day High31.48
20 Day Low3.33
52 Week High31.48
52 Week Low2.75
CS1 EndN/A
CR1 StartN/A
Volume & EV
DER(3)-6.44%
DER(5)0.55%
Volume17.86M
Volume Incr870.43%
Vol(5)3.69M
Vol(50)527.00K