Taking everything into account, NNE scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NNE was also a bad performer in the overall market in the last year.
- When comparing the yearly performance of all stocks, NNE is a bad performer in the overall market: 86% of all stocks are doing better.
- NNE is one of the lesser performing stocks in the Electrical Equipment industry. 64% of 91 stocks in the same industry do better.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- NNE has an average volume of 1952970 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 currently trading near new highs, so NNE is lagging the market.
- In the last month NNE has a been trading in the 23.61 - 38.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NNE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 35.68. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 34.72, a Stop Loss order could be placed below this zone.
More info and screens
24.24
When analyzing the support we can see 2 important areas.
- Support @28.51 from a trend line in the weekly time frame.
- Support @24.48 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 34.08 to 34.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 35.68 to 36.10. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | NEUTRAL | NEUTRAL | The long term trend for NNE is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NNE is up. |
| ChartMill Relative Strength | 14.1 | NEGATIVE | NNE has a low relative strength, it was outperformed by 85.9% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NNE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NNE is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NNE is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 54.31 | NEUTRAL | The RSI value for NNE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.61 | POSITIVE | The MACD value suggests NNE has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 74.16 | NEUTRAL | The Stochastics value for NNE is a neutral value. |
| Average True Range in percent/ATR (20) | 8.3 | HIGH VOLATILITY | The high ATR as a percentage value for NNE suggests high volalility. |
| Average Directional Index/ADX (14) | 21.2 | NEUTRAL | The ADX value for NNE suggests a possible start of a new trend. |
NASDAQ:NNE (1/26/2026, 2:47:50 PM)
32.85
-1.88 (-5.41%)
NANO NUCLEAR ENERGY INC / NNE FAQ
Can you provide the ChartMill technical rating for NANO NUCLEAR ENERGY INC?
ChartMill assigns a technical rating of 3 / 10 to NNE.
What is the trend direction for NNE stock?
The current trend direction for NANO NUCLEAR ENERGY INC (NNE) is Bearish.
Can you provide the RSI signal for NANO NUCLEAR ENERGY INC?
NANO NUCLEAR ENERGY INC (NNE) has an RSI value of 54.3098. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NANO NUCLEAR ENERGY INC?
NANO NUCLEAR ENERGY INC (NNE) has a support level at 34.72 and a resistance level at 35.68. Check the full technical report for our detailed analysis of NNE support and resistance levels.