NOTABLE LABS LTD (NTBL) Technical Analysis
NASDAQ:NTBL • IL0012002452
Current stock price
NTBL Technical Rating and Analysis
Taking everything into account, NTBL scores 0 out of 10 in our technical rating. NTBL'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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NTBL is a bad performer in the overall market: 99% of all stocks are doing better.
- NTBL is part of the Biotechnology industry. There are 517 other stocks in this industry, of which 90% are performing better than NTBL.
- NTBL 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 NTBL is lagging the market.
- In the last month NTBL has a been trading in the 0.22 - 0.67 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- NTBL has an average volume of 3275260 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NTBL Weekly and Daily overview Charts
NTBL Setup Rating and Analysis
The technical rating of NTBL 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
NTBL Support and Resistance Analysis
0.25
We can see 2 important resistance areas.
- Resistance @0.41 from a trend line in the daily time frame.
- A resistance zone ranging from 0.47 to 0.47. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
NTBL 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 NTBL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTBL is down. |
| ChartMill Relative Strength | 1.07 | NEGATIVE | NTBL has a low relative strength, it was outperformed by 98.93% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTBL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTBL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTBL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 35.15 | NEUTRAL | The RSI value for NTBL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NTBL has a negative trend. |
| Stochastics (14,3) | 18 | OVERSOLD | The low Stochastics value suggests NTBL may be oversold. |
| Average True Range in percent/ATR (20) | 28.55 | HIGH VOLATILITY | The high ATR as a percentage value for NTBL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.86 | POSITIVE | The high ADX value value for NTBL suggests a strong trend. |
NTBL Chart- and CandleStick Pattern Analysis
NTBL Technicals: Chart, Performance Metrics, Trend & Indicators
0.2479
-0.09 (-27.68%)
NOTABLE LABS LTD / NTBL TA FAQ
What is the ChartMill technical rating of NOTABLE LABS LTD (NTBL) stock?
ChartMill assigns a technical rating of 0 / 10 to NTBL.
What is the current trend direction of NOTABLE LABS LTD (NTBL) stock?
The current trend direction for NOTABLE LABS LTD (NTBL) is Bearish.
What is the RSI signal for NOTABLE LABS LTD (NTBL) stock?
NOTABLE LABS LTD (NTBL) has an RSI value of 35.1517. This indicates that the stock is currently neutral.
What is the buy/sell signal for NOTABLE LABS LTD (NTBL) stock?
The buy/sell signal for NOTABLE LABS LTD (NTBL) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NTBL stock?
NOTABLE LABS LTD (NTBL) has a resistance level at 0.41. Check the full technical report for our detailed analysis of NTBL support and resistance levels.