NANO-X IMAGING LTD (NNOX) Stock Technical Analysis
NASDAQ:NNOX - Nasdaq - IL0011681371 - Common Stock - Currency: USD
Overall NNOX gets a technical rating of 1 out of 10. 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 short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
87% of all other stocks performed better in the past year than NNOX.
NNOX is part of the Health Care Providers & Services industry. There are 102 other stocks in this industry, of which 72% are performing better than NNOX.
NNOX is currently trading in the lower part of its 52 week range. The S&P500 Index however 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 4.80 - 5.72 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 has an average volume of 1049330 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NNOX has a poor technical rating and the quality of the setup is also not perfect 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
4.98
7.47
We found 1 important support area.
- Support @5.03 from a horizontal line in the daily time frame.
3 important resistance areas can be observed.
- Resistance @5.51 from a trend line in the daily time frame.
- A resistance zone ranging from 5.61 to 5.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.40 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 | 13.4 | NEGATIVE | NNOX has a low relative strength, it was outperformed by 86.6% 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) | UP | MIXED | The current price of NNOX is below the rising 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) | 43.46 | NEUTRAL | The RSI value for NNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NNOX has a negative trend. |
| Stochastics (14,3) | 33.66 | NEUTRAL | The Stochastics value for NNOX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for NNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 12.31 | 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)
5.04
-0.12 (-2.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-2.33%
1 Week-8.86%
2 Weeks-1.56%
1 Month-7.52%
3 Month-11.42%
6 Month-26.85%
12 Month-33.77%
2 Year-67.46%
3 Year-55.4%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.26
ATR(20)%5.52%
ATR Inc-21.91%
Range Today0.15
ADR(20)0.27
ADR(20)%5.29%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.4
Mansfield-2.54
10 Day High5.72
10 Day Low4.97
20 Day High5.72
20 Day Low4.8
52 Week High11
52 Week Low3.75
CS1 End5.03
CR1 Start5.51
Volume & EV
DER(3)-4.59%
DER(5)-2.21%
Volume853.00K
Volume Incr-17.86%
Vol(5)843.90K
Vol(50)1.05M