NANO-X IMAGING LTD (NNOX) Stock Technical Analysis
USA - NASDAQ:NNOX - IL0011681371 - Common Stock
4.03 USD
-0.03 (-0.74%)
4.02 USD
-0.01 (-0.25%)
We assign a technical rating of 1 out of 10 to NNOX. NNOX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, NNOX is a bad performer in the overall market: 91% of all stocks are doing better.
NNOX is one of the lesser performing stocks in the Health Care Providers & Services industry. 75% of 101 stocks in the same industry do better.
NNOX is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NNOX has an average volume of 1245510 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NNOX has a been trading in the 3.60 - 4.49 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, NNOX does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.69, a Stop Loss order could be placed below this zone.
More info and screens
3.64
5.85
We found 1 important support area.
- A support zone ranging from 3.68 to 3.69. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 4.04 to 4.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.38 from a horizontal line in the daily time frame.
- Resistance @4.93 from a trend line in the daily time frame.
- Resistance @5.79 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for NNOX is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NNOX is neutral. |
| ChartMill Relative Strength | 9.71 | NEGATIVE | NNOX has a low relative strength, it was outperformed by 90.29% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NNOX is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NNOX is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NNOX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.49 | NEUTRAL | The RSI value for NNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NNOX has a negative trend. |
| Stochastics (14,3) | 33.85 | NEUTRAL | The Stochastics value for NNOX is a neutral value. |
| Average True Range in percent/ATR (20) | 6.07 | HIGH VOLATILITY | The high ATR as a percentage value for NNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 17.24 | NEGATIVE | The low ADX value for NNOX suggests a weak or negative trend. |
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)
4.03
-0.03 (-0.74%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-0.74%
1 Week-4.5%
2 Weeks-0.74%
1 Month7.47%
3 Month-12.39%
6 Month-21.75%
12 Month-30.16%
2 Year-20.2%
3 Year-71.62%
5 Year-85.4%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%6.07%
ATR Inc-35.47%
Range Today0.24
ADR(20)0.23
ADR(20)%5.77%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.71
3 months CRS10.06
6 months CRS8.54
Mansfield-3.64
10 Day High4.49
10 Day Low3.86
20 Day High4.49
20 Day Low3.6
52 Week High11
52 Week Low3.6
CS1 End3.69
CR1 Start4.04
Volume & EV
DER(3)-1.73%
DER(5)-3.32%
Volume996.76K
Volume Incr-39.89%
Vol(5)874.81K
Vol(50)1.25M
NANO-X IMAGING LTD / NNOX FAQ
Can you provide the ChartMill technical rating for NANO-X IMAGING LTD?
ChartMill assigns a technical rating of 1 / 10 to NNOX.
What is the current trend direction of NANO-X IMAGING LTD (NNOX) stock?
The current trend direction for NANO-X IMAGING LTD (NNOX) is Bearish.
What is the RSI signal for NANO-X IMAGING LTD (NNOX) stock?
NANO-X IMAGING LTD (NNOX) has an RSI value of 49.4884. This indicates that the stock is currently neutral.
What is the short term momentum for NANO-X IMAGING LTD (NNOX) stock?
The short term momentum for NANO-X IMAGING LTD (NNOX) is neutral.