NANO NUCLEAR ENERGY INC (NNE) Stock Technical Analysis
USA - NASDAQ:NNE - US63010H1086 - Common Stock
Overall NNE gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NNE has proven to be a steady performer, scoring decent points in every aspect analyzed.
NNE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
28.15
5 important support areas can be observed.
- Support @38.84 from a horizontal line in the daily time frame.
- Support @34.81 from a trend line in the daily time frame.
- Support @31.53 from a trend line in the daily time frame.
- Support @30.71 from a trend line in the weekly time frame.
- Support @28.43 from a horizontal line in the daily 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 | UP | POSITIVE | The long term trend for NNE is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNE is neutral. |
| ChartMill Relative Strength | 94.06 | POSITIVE | NNE has a high relative strength, it outperformed 94.06% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NNE is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NNE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NNE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 50.25 | NEUTRAL | The RSI value for NNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -1.28 | NEGATIVE | The MACD value suggests NNE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 21.49 | NEUTRAL | The Stochastics value for NNE is a neutral value. |
| Average True Range in percent/ATR (20) | 12.53 | HIGH VOLATILITY | The high ATR as a percentage value for NNE suggests high volalility. |
| Average Directional Index/ADX (14) | 25.99 | POSITIVE | The high ADX value value for NNE suggests a strong trend. |
44.34
+1.85 (+4.35%)
NANO NUCLEAR ENERGY INC / NNE FAQ
Can you provide the ChartMill technical rating for NANO NUCLEAR ENERGY INC?
ChartMill assigns a technical rating of 9 / 10 to NNE.
What is the current trend direction of NANO NUCLEAR ENERGY INC (NNE) stock?
The current trend direction for NANO NUCLEAR ENERGY INC (NNE) is Bullish.
Can you provide the RSI signal for NANO NUCLEAR ENERGY INC?
NANO NUCLEAR ENERGY INC (NNE) has an RSI value of 50.2504. This indicates that the stock is currently neutral.
What is the short term momentum for NANO NUCLEAR ENERGY INC (NNE) stock?
The short term momentum for NANO NUCLEAR ENERGY INC (NNE) is neutral.
Can you provide the support and resistance levels for NANO NUCLEAR ENERGY INC?
NANO NUCLEAR ENERGY INC (NNE) has a support level at 38.84. Check the full technical report for our detailed analysis of NNE support and resistance levels.