NANO DIMENSION LTD - ADR (NNDM)

US63008G2030 - ADR

2.8  +0.05 (+1.82%)

After market: 2.75 -0.05 (-1.79%)

Technical Rating and Analysis

6

We assign a technical rating of 6 out of 10 to NNDM. NNDM has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.

The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
NNDM has an average volume of 1985340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the performance of all stocks over the past year, NNDM turns out to be only a medium performer in the overall market: it outperformed 57% of all stocks.
NNDM is an average performer in the Technology Hardware, Storage & Peripherals industry, it outperforms 45% of 32 stocks in the same industry.
NNDM is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NNDM is lagging the market.
In the last month NNDM has a been trading in the 2.68 - 3.01 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NNDM Weekly chart
NNDM Daily chart
Setup Rating and Analysis

6

NNDM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 2.77, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

2.19

3.01

When analyzing the support we can see 3 important areas.

  • A support zone ranging from 2.68 to 2.77. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @2.25 from a trend line in the weekly time frame.
  • Support @2.21 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 2.87 to 2.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS57.02
Mansfield-0.79
10 Day High3
10 Day Low2.68
20 Day High3.01
20 Day Low2.68
52 Week High3.35
52 Week Low2.06
Performance
1 Week-1.06%
2 Weeks-5.08%
1 Month-1.41%
3 Month16.67%
6 Month2.94%
12 Month-3.11%
2 Year-21.35%
3 Year-67.4%
5 Year-99.21%
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)-0.02
RSI(14)52.73
LBB2.64
UBB2.99
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
2.992.670.32 (10.70%)9.34%
An entry @2.99. This is a Buy Stop order right above the resistance zone.An exit @2.67. This is a Stop Loss order right below the 10 day low.The trade has a worst case loss of 0.32 points, which is 10.70%.For a 1.00% total portfolio risk, you can invest 9.34% of your capital in this trade.

  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NNDM Daily chart

NANO DIMENSION LTD - ADR

NASDAQ:NNDM (3/27/2024, 8:00:01 PM)

After market: 2.75 -0.05 (-1.79%)

2.8

+0.05 (+1.82%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryTechnology Hardware, Storage & Peripherals
Performance
% Chg1.82%
1 Week-1.06%
2 Weeks-5.08%
1 Month-1.41%
3 Month16.67%
6 Month2.94%
12 Month-3.11%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.13
ATR(20)%4.63%
ATR Inc
Range Today0.08
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High3
10 Day Low2.68
20 Day High3.01
20 Day Low2.68
52 Week High3.35
52 Week Low2.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume1.25M
Volume Incr-9.44%
Vol(5)1.80M
Vol(50)1.99M