NANO NUCLEAR ENERGY INC (NNE) Stock Technical Analysis
NASDAQ:NNE - Nasdaq - US63010H1086 - Common Stock - Currency: USD
Taking everything into account, NNE scores 7 out of 10 in our technical rating. In the past year, NNE was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that NNE is one of the better performing stocks in the market, outperforming 99% of all stocks. On top of that, NNE also shows a nice and consistent pattern of rising prices.
NNE is one of the better performing stocks in the Electrical Equipment industry, it outperforms 98% of 96 stocks in the same industry.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NNE has an average volume of 1813880 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NNE is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NNE is lagging the market slightly.
In the last month NNE has a been trading in the 17.26 - 29.26 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NNE has an excellent technical rating, it does not present a decent entry opportunity 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
18.75
27.59
When analyzing the support we can see 4 important areas.
- Support @22.75 from a horizontal line in the daily time frame.
- Support @21.47 from a trend line in the weekly time frame.
- Support @19.87 from a trend line in the daily time frame.
- Support @18.94 from a trend line in the daily time frame.
We found 1 important resistance area.
- Resistance @27.32 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
Mansfield1.76
10 Day High29.26
10 Day Low22.45
20 Day High29.26
20 Day Low17.26
52 Week High48.05
52 Week Low3.81
Performance
1 Week11.08%
2 Weeks11.13%
1 Month27.05%
3 Month-19.76%
6 Month20.14%
12 Month565.05%
2 YearN/A
3 YearN/A
5 YearN/A
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)0.58
RSI(14)56
LBB21.77
UBB27.1
26.07
-0.41 (-1.55%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.55%
1 Week11.08%
2 Weeks11.13%
1 Month27.05%
3 Month-19.76%
6 Month20.14%
12 Month565.05%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.92
ATR(20)%7.42%
ATR Inc36.21%
Range Today1.94
ADR(20)1.74
ADR(20)%6.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.56
Mansfield1.76
10 Day High29.26
10 Day Low22.45
20 Day High29.26
20 Day Low17.26
52 Week High48.05
52 Week Low3.81
CS1 End22.75
CR1 Start27.32
Volume & EV
DER(3)-0.45%
DER(5)1.88%
Volume2.12M
Volume Incr82.64%
Vol(5)2.57M
Vol(50)1.81M