NANOBIOTIX SA - ADR (NBTX) Stock Technical Analysis
NASDAQ:NBTX - Nasdaq - US63009J1079 - ADR - Currency: USD
Taking everything into account, NBTX scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NBTX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Warning: NBTX has an average volume of 8446 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
NBTX is one of the better performing stocks in the Biotechnology industry, it outperforms 77% of 556 stocks in the same industry.
NBTX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NBTX is lagging the market slightly.
In the last month NBTX has a been trading in the 4.18 - 5.53 range, which is quite wide. It is currently trading near the high of this range.
Looking at the yearly performance, NBTX did better than 84% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
NBTX has an excellent technical rating, but the quality of the setup is 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
3.04
5.40
When analyzing the support we can see 5 important areas.
- A support zone ranging from 5.14 to 5.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 4.86 to 4.90. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Support @3.41 from a trend line in the weekly time frame.
- Support @3.23 from a trend line in the daily time frame.
- Support @3.07 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.35 from a horizontal line in the weekly 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 | UP | POSITIVE | The long term trend for NBTX is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NBTX is up. |
| ChartMill Relative Strength | 84.46 | POSITIVE | NBTX has a high relative strength, it outperformed 84.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NBTX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NBTX is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NBTX is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 60.71 | NEUTRAL | The RSI value for NBTX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NBTX has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.99 | NEUTRAL | The Stochastics value for NBTX is a neutral value. |
| Average True Range in percent/ATR (20) | 4.74 | MEDIUM VOLATILITY | The ATR as a percentage value for NBTX suggests some volalility. |
| Average Directional Index/ADX (14) | 34.48 | POSITIVE | The high ADX value value for NBTX 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 5.36 | 5.13 | 0.23 (4.29%) | 23.30% |
| An entry @5.36. This is a Buy Stop order right above the resistance zone. | An exit @5.13. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.23 points, which is 4.29%. | For a 1.00% total portfolio risk, you can invest 23.30% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NBTX. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
5.3
+0.08 (+1.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryBiotechnology
Performance
% Chg1.48%
1 Week1.34%
2 Weeks12.05%
1 Month15.22%
3 Month61.09%
6 Month74.92%
12 Month-1.85%
2 Year-31.26%
3 Year128.45%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%4.74%
ATR Inc-54.56%
Range Today0.09
ADR(20)0.18
ADR(20)%3.47%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS84.46
Mansfield1.88
10 Day High5.53
10 Day Low4.79
20 Day High5.53
20 Day Low4.18
52 Week High6
52 Week Low2.76
CS1 End5.29
CR1 Start5.35
Volume & EV
DER(3)21.43%
DER(5)12.86%
Volume4.40K
Volume Incr-49.22%
Vol(5)3.56K
Vol(50)8.45K