NANO-X IMAGING LTD (NNOX) Technical Analysis
NASDAQ:NNOX • IL0011681371
Current stock price
NNOX Technical Rating and Analysis
Taking everything into account, NNOX scores 0 out of 10 in our technical rating. NNOX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NNOX is a bad performer in the overall market: 92% of all stocks are doing better.
- NNOX is one of the lesser performing stocks in the Health Care Providers & Services industry. 77% of 100 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. The S&P500 Index is trading in the upper part of its 52 week range, so NNOX is lagging the market.
- In the last month NNOX has a been trading in the 2.25 - 2.75 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
NNOX Weekly and Daily overview Charts
NNOX Setup Rating and Analysis
The technical rating of NNOX is bad and it also does not present a quality setup 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
NNOX Support and Resistance Analysis
2.25
We can see 4 important resistance areas.
- A resistance zone ranging from 2.45 to 2.45. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @2.75 from a trend line in the weekly time frame.
- Resistance @3.72 from a trend line in the daily time frame.
- Resistance @3.80 from a trend line in the weekly time frame.
NNOX Technical Indicator Signal Analysis
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 | DOWN | NEGATIVE | The short term trend for NNOX is down. |
| ChartMill Relative Strength | 8.41 | NEGATIVE | NNOX has a low relative strength, it was outperformed by 91.59% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NNOX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NNOX is below 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) | 36.46 | NEUTRAL | The RSI value for NNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NNOX has a negative trend. |
| Stochastics (14,3) | 8.92 | OVERSOLD | The low Stochastics value suggests NNOX may be oversold. |
| Average True Range in percent/ATR (20) | 6.54 | HIGH VOLATILITY | The high ATR as a percentage value for NNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 16.07 | NEGATIVE | The low ADX value for NNOX suggests a weak or negative trend. |
NNOX Chart- and CandleStick Pattern Analysis
NNOX Technicals: Chart, Performance Metrics, Trend & Indicators
2.27
-0.02 (-0.87%)
NANO-X IMAGING LTD / NNOX TA FAQ
Can you provide the ChartMill technical rating for NANO-X IMAGING LTD?
ChartMill assigns a technical rating of 0 / 10 to NNOX.
What is the trend direction for 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 36.4626. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NANO-X IMAGING LTD?
The MACD indicator for NANO-X IMAGING LTD (NNOX) has a value of -0.0256494, indicating a bearish trend.
Can you provide the buy/sell signal for NANO-X IMAGING LTD?
The buy/sell signal for NANO-X IMAGING LTD (NNOX) is sell as both the short term and long term trends are negative.