NANO LABS LTD-CL A (NA) Technical Analysis
NASDAQ:NA • KYG6391Y1281
Current stock price
NA Technical Rating and Analysis
Overall NA gets a technical rating of 0 out of 10. NA's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- When comparing the yearly performance of all stocks, NA is a bad performer in the overall market: 84% 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 84% are performing better than NA.
- NA is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NA is lagging the market.
- In the last month NA has a been trading in the 2.74 - 3.40 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
- Volume is considerably higher in the last couple of days.
NA Weekly and Daily overview Charts
NA Setup Rating and Analysis
NA has a poor technical rating and the quality of the setup is also only medium 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
2.91
When analyzing the support we notice one important area.
- A support zone ranging from 2.94 to 3.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- Resistance @3.16 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 | NEUTRAL | NEUTRAL | The short term trend for NA is neutral. |
| ChartMill Relative Strength | 16.5 | NEGATIVE | NA has a low relative strength, it was outperformed by 83.5% 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) | 47.75 | NEUTRAL | The RSI value for NA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NA has a positive trend. |
| Stochastics (14,3) | 35.34 | NEUTRAL | The Stochastics value for NA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.93 | HIGH VOLATILITY | The high ATR as a percentage value for NA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.29 | NEGATIVE | The low ADX value for NA suggests a weak or negative trend. |
NA Chart- and CandleStick Pattern Analysis
NA Technicals: Chart, Performance Metrics, Trend & Indicators
3.02
+0.07 (+2.37%)
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.
Can you provide the trend direction for NANO LABS LTD-CL A?
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 47.747. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NANO LABS LTD-CL A?
The MACD indicator for NANO LABS LTD-CL A (NA) has a value of 0.0172103, indicating a bearish trend.