NAKAMOTO INC (NAKA) Stock Technical Analysis
NASDAQ:NAKA • US49457M1062
We assign a technical rating of 0 out of 10 to NAKA. NAKA'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NAKA is a bad performer in the overall market: 100% of all stocks are doing better.
- NAKA is one of the lesser performing stocks in the Health Care Providers & Services industry. 90% of 101 stocks in the same industry do better.
- In the last month NAKA has a been trading in the 0.24 - 0.41 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.
- NAKA has an average volume of 8090940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Considerably lower volume is observed in the last couple of days.
The technical rating of NAKA 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
0.24
We can see 2 important resistance areas.
- A resistance zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @0.45 from a trend line 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 NAKA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAKA is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NAKA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAKA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAKA is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 31.5 | NEUTRAL | The RSI value for NAKA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NAKA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 2.78 | OVERSOLD | The low Stochastics value suggests NAKA may be oversold. |
| Average True Range in percent/ATR (20) | 13.26 | HIGH VOLATILITY | The high ATR as a percentage value for NAKA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.41 | POSITIVE | The high ADX value value for NAKA suggests a strong trend. |
0.2426
-0.01 (-2.26%)
NAKAMOTO INC / NAKA FAQ
What is the ChartMill technical rating of NAKAMOTO INC (NAKA) stock?
ChartMill assigns a technical rating of 0 / 10 to NAKA.
What is the trend direction for NAKA stock?
The current trend direction for NAKAMOTO INC (NAKA) is Bearish.
What is the RSI signal for NAKAMOTO INC (NAKA) stock?
NAKAMOTO INC (NAKA) has an RSI value of 31.4972. This indicates that the stock is currently neutral.
Can you provide the buy/sell signal for NAKAMOTO INC?
The buy/sell signal for NAKAMOTO INC (NAKA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for NAKAMOTO INC?
NAKAMOTO INC (NAKA) has a resistance level at 0.27. Check the full technical report for our detailed analysis of NAKA support and resistance levels.