NANO DIMENSION LTD - ADR (NNDM) Stock Technical Analysis
NASDAQ:NNDM - Nasdaq - US63008G2030 - ADR - Currency: USD
Overall NNDM gets a technical rating of 1 out of 10. NNDM'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.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
93% of all other stocks performed better in the past year than NNDM.
NNDM is part of the Machinery industry. There are 128 other stocks in this industry, of which 85% are performing better than NNDM.
NNDM is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NNDM is lagging the market.
In the last month NNDM has a been trading in the 1.34 - 1.63 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.
NNDM has an average volume of 1531570 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NNDM 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
1.38
2.56
5 important resistance areas can be observed.
- A resistance zone ranging from 1.50 to 1.51. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 1.54 to 1.57. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.65 from a horizontal line in the daily time frame.
- Resistance @2.44 from a trend line in the weekly time frame.
- A resistance zone ranging from 2.52 to 2.53. This zone is formed by a combination of multiple trend lines 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 NNDM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NNDM is down. |
| ChartMill Relative Strength | 7.52 | NEGATIVE | NNDM has a low relative strength, it was outperformed by 92.48% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNDM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NNDM is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NNDM is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 31.9 | NEUTRAL | The RSI value for NNDM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NNDM has a negative trend. |
| Stochastics (14,3) | 9 | OVERSOLD | The low Stochastics value suggests NNDM may be oversold. |
| Average True Range in percent/ATR (20) | 4.06 | MEDIUM VOLATILITY | The ATR as a percentage value for NNDM suggests some volalility. |
| Average Directional Index/ADX (14) | 20.48 | NEUTRAL | The ADX value for NNDM suggests a possible start of a new 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)
1.39
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg0%
1 Week-10.9%
2 Weeks-6.71%
1 Month-13.66%
3 Month-34.12%
6 Month-44.18%
12 Month-37.1%
2 Year-51.9%
3 Year-55.73%
5 Year-36.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%4.06%
ATR Inc-14.56%
Range Today0.06
ADR(20)0.05
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.52
Mansfield-3.61
10 Day High1.57
10 Day Low1.34
20 Day High1.63
20 Day Low1.34
52 Week High2.74
52 Week Low1.34
CS1 EndN/A
CR1 Start1.5
Volume & EV
DER(3)-3.58%
DER(5)-2.92%
Volume2.06M
Volume Incr60.86%
Vol(5)1.94M
Vol(50)1.53M