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'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.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 96% of all other stocks performed better in the past year than NNOX.
- NNOX is part of the Health Care Providers & Services industry. There are 100 other stocks in this industry, of which 83% are performing better than NNOX.
- 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.
- In the last month NNOX has a been trading in the 1.66 - 3.06 range, which is quite wide. It is currently trading near the lows of this range.
- NNOX has an average volume of 1345360 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
- Volume is considerably higher in the last couple of days.
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
1.68
We found 1 important support area.
- A support zone ranging from 1.70 to 1.72. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- Resistance @2.69 from a trend line in the daily time frame.
- Resistance @2.78 from a trend line in the daily 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 | 4.26 | NEGATIVE | NNOX has a low relative strength, it was outperformed by 95.74% 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) | 33.54 | NEUTRAL | The RSI value for NNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NNOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.89 | OVERSOLD | The low Stochastics value suggests NNOX may be oversold. |
| Average True Range in percent/ATR (20) | 11.05 | HIGH VOLATILITY | The high ATR as a percentage value for NNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 19.08 | 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
1.73
+0.02 (+1.17%)
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.
Can you provide the RSI signal for NANO-X IMAGING LTD?
NANO-X IMAGING LTD (NNOX) has an RSI value of 33.5439. This indicates that the stock is currently neutral.
What is the short term momentum for NNOX stock?
The short term momentum for NANO-X IMAGING LTD (NNOX) is negative.
What is the buy/sell signal for NANO-X IMAGING LTD (NNOX) stock?
The buy/sell signal for NANO-X IMAGING LTD (NNOX) is sell as both the short term and long term trends are negative.