Overall NN gets a technical rating of 0 out of 10. NN'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.
NN has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 12.38. Right above this resistance zone may be a good entry point.
More info and screens
11.84
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 12.38 to 12.73. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @17.39 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 | DOWN | NEGATIVE | The long term trend for NN is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NN is down. |
| ChartMill Relative Strength | 14.8 | NEGATIVE | NN has a low relative strength, it was outperformed by 85.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NN is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NN is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NN is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.18 | NEUTRAL | The RSI value for NN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NN has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 34.46 | NEUTRAL | The Stochastics value for NN is a neutral value. |
| Average True Range in percent/ATR (20) | 7.24 | HIGH VOLATILITY | The high ATR as a percentage value for NN suggests high volalility. |
| Average Directional Index/ADX (14) | 21.64 | NEUTRAL | The ADX value for NN suggests a possible start of a new trend. |
11.96
+0.59 (+5.19%)
NEXTNAV INC / NN FAQ
Can you provide the ChartMill technical rating for NEXTNAV INC?
ChartMill assigns a technical rating of 0 / 10 to NN.
What is the trend direction for NN stock?
The current trend direction for NEXTNAV INC (NN) is Bearish.
What is the RSI signal for NN stock?
NEXTNAV INC (NN) has an RSI value of 42.1761. This indicates that the stock is currently neutral.
What is the short term momentum for NN stock?
The short term momentum for NEXTNAV INC (NN) is negative.
What is the support and resistance level for NN stock?
NEXTNAV INC (NN) has a resistance level at 12.38. Check the full technical report for our detailed analysis of NN support and resistance levels.