NEXTNAV INC (NN) Stock Technical Analysis
NASDAQ:NN - Nasdaq - US65345N1063 - Common Stock - Currency: USD
Overall NN gets a technical rating of 7 out of 10. In the past year, NN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
NN is one of the better performing stocks in the Software industry, it outperforms 92% of 283 stocks in the same industry.
In the last month NN has a been trading in the 10.64 - 13.60 range, which is quite wide. It is currently trading near the high of this range.
NN has an average volume of 1341470 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, NN did better than 95% of all other stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
NN is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NN 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
10.20
13.58
When analyzing the support we can see 4 important areas.
- A support zone ranging from 12.04 to 12.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 11.69 to 11.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @11.37 from a trend line in the daily time frame.
- Support @10.30 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.13 to 13.21. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @13.45 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.78
Mansfield2.18
10 Day High13.6
10 Day Low10.9
20 Day High13.6
20 Day Low10.64
52 Week High18.54
52 Week Low6.47
Performance
1 Week6.2%
2 Weeks17.21%
1 Month9.42%
3 Month7.52%
6 Month-10.15%
12 Month73.7%
2 Year404.26%
3 Year281.52%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.15
RSI(14)58.73
LBB10.69
UBB13.43
13.01
-0.19 (-1.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-1.44%
1 Week6.2%
2 Weeks17.21%
1 Month9.42%
3 Month7.52%
6 Month-10.15%
12 Month73.7%
2 Year404.26%
3 Year281.52%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.74
ATR(20)%7.33%
ATR Inc7.59%
Range Today0.61
ADR(20)0.92
ADR(20)%7.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.78
Mansfield2.18
10 Day High13.6
10 Day Low10.9
20 Day High13.6
20 Day Low10.64
52 Week High18.54
52 Week Low6.47
CS1 End12.35
CR1 Start13.13
Volume & EV
DER(3)-7.25%
DER(5)-5.3%
Volume795.80K
Volume Incr-19.63%
Vol(5)937.76K
Vol(50)1.34M