We assign a technical rating of 4 out of 10 to NN. Although NN is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NN has an average technical rating and the quality of the presented setup is also not ideal 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.
10.97
We found 5 important support areas.
When analyzing the resistance we notice 2 important areas.
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 | NEUTRAL | NEUTRAL | The long term trend for NN is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NN is neutral. |
| ChartMill Relative Strength | 83.75 | POSITIVE | NN has a high relative strength, it outperformed 83.75% 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) | UP | POSITIVE | The current price of NN is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NN is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.27 | NEUTRAL | The RSI value for NN is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.16 | NEGATIVE | The MACD value suggests NN has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 36.44 | NEUTRAL | The Stochastics value for NN is a neutral value. |
| Average True Range in percent/ATR (20) | 5 | MEDIUM VOLATILITY | The ATR as a percentage value for NN suggests some volalility. |
| Average Directional Index/ADX (14) | 27.89 | POSITIVE | The high ADX value value for NN suggests a strong trend. |
15.7
+0.77 (+5.16%)
ChartMill assigns a technical rating of 4 / 10 to NN.
The current trend direction for NEXTNAV INC (NN) is Bearish.
NEXTNAV INC (NN) has an RSI value of 54.2677. This indicates that the stock is currently neutral.
The MACD indicator for NEXTNAV INC (NN) has a value of -0.157673, indicating a bearish trend.