NANO-X IMAGING LTD (NNOX) Stock Technical Analysis
NASDAQ:NNOX - Nasdaq - IL0011681371 - Common Stock - Currency: USD
Overall NNOX gets a technical rating of 0 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.
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: 90% of all stocks are doing better.
NNOX is one of the lesser performing stocks in the Health Care Providers & Services industry. 67% of 103 stocks in the same industry do better.
NNOX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
NNOX is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
NNOX has an average volume of 1111940 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
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
4.58
6.83
We found 1 important support area.
- Support @4.63 from a trend line in the daily time frame.
We can see 5 important resistance areas.
- A resistance zone ranging from 4.90 to 5.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @5.22 from a trend line in the daily time frame.
- Resistance @5.33 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 5.63 to 5.67. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Resistance @6.76 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 | DOWN | NEGATIVE | The short term trend for NNOX is down. |
| ChartMill Relative Strength | 10.08 | NEGATIVE | NNOX has a low relative strength, it was outperformed by 89.92% 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) | 39.36 | NEUTRAL | The RSI value for NNOX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NNOX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 14.1 | OVERSOLD | The low Stochastics value suggests NNOX may be oversold. |
| Average True Range in percent/ATR (20) | 5.05 | HIGH VOLATILITY | The high ATR as a percentage value for NNOX suggests high volalility. |
| Average Directional Index/ADX (14) | 14.77 | 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)
4.65
+0.03 (+0.65%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg0.65%
1 Week1.09%
2 Weeks-10.58%
1 Month-8.1%
3 Month-11.26%
6 Month-35.15%
12 Month-32.9%
2 Year-44.14%
3 Year-65.06%
5 Year-83.13%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.23
ATR(20)%5.05%
ATR Inc-33.17%
Range Today0.13
ADR(20)0.22
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.08
Mansfield-2.99
10 Day High5.26
10 Day Low4.5
20 Day High5.69
20 Day Low4.5
52 Week High11
52 Week Low3.75
CS1 End4.63
CR1 Start4.9
Volume & EV
DER(3)-0.08%
DER(5)3.2%
Volume1.07M
Volume Incr-4.14%
Vol(5)1.15M
Vol(50)1.11M