NANO DIMENSION LTD - ADR (NNDM)       2.81  -0.01 (-0.35%)

2.81  -0.01 (-0.35%)

US63008G2030 - ADR - After market: 2.81 0 (0%)

Technical Rating

6

Taking everything into account, NNDM scores 6 out of 10 in our technical rating. In the last year, NNDM was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.



The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NNDM is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
NNDM has an average volume of 3192940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NNDM 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.
When comparing the yearly performance of all stocks, NNDM is a bad performer in the overall market: 81% of all stocks are doing better.
NNDM is part of the Technology Hardware, Storage & Peripherals industry. There are 35 other stocks in this industry, of which 66% are performing better than NNDM.

Statistics

1 Month 3 Months 6 Months 12 Months 10.63% 1.81% -17.84% -24.46% SMA(20) SMA(50) SMA(100) SMA(200) RS 52 Wk Range ST Trend LT Trend 19.68 2.06 - 4.16
NNDM Weekly chart
NNDM Daily chart

Support/Resistance Analysis


2.44

3.40
We found 1 important support area.
  • A support zone ranging from 2.46 to 2.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 2 important areas.
  • A resistance zone ranging from 2.83 to 2.87. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Resistance @3.37 from a trend line in the weekly time frame.

Setup Analysis

Setup Rating

5

Although the technical rating is only medium, NNDM does present a nice setup opportunity. Prices have been consolidating lately. Another positive sign is the recent Pocket Pivot signal.

  • A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

NNDM Daily chart

NANO DIMENSION LTD - ADR2.81

NASDAQ:NNDM (2/3/2023, 7:00:03 PM)-0.01 (-0.35%)

After market: 2.81 0 (0%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS Sector Information Technology
GICS Industry Technology Hardware, Storage & Peripherals

Performance
Today -0.35% 1 Week -1.75%
2 Weeks 13.31% 1 Month 10.63%
3 Month 1.81% 6 Month -17.84%

Volatility
ATR(14) 0.14 ATR(20)% 4.44%
ATR Inc 53.59% Range Today 0.14

Trend & SMA
ST Trend LT Trend
SMA(5) SMA(10)
SMA(20) SMA(50)
SMA(100) SMA(200)

Relative Strength & Ranges
CRS 19.68 Mansfield -0.5
10 Day High 2.99 10 Day Low 2.44
20 Day High 2.99 20 Day Low 2.28
52 Week High 4.16 52 Week Low 2.06
CS1 End 2.48 CR1 Start 2.83

Volume & EV
DER(3) 2.51% DER(5) -0.09%
Volume 2.60M Volume Incr 36.34%
Vol(5) 3.86M Vol(50) 3.19M

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