NEXTNAV INC (NNAVW)

5.57  +0.12 (+2.2%)

Technical Rating and Analysis

8

Taking everything into account, NNAVW scores 8 out of 10 in our technical rating. In the last year, NNAVW was one of the better performers, but we do observe some doubts in the very recent evolution.

In the last month NNAVW has a been trading in the 5.00 - 7.35 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.
Looking at the yearly performance, NNAVW did better than 99% of all other stocks. We also observe that the gains produced by NNAVW over the past year are nicely spread over this period.
NNAVW is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NNAVW is lagging the market slightly.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
NNAVW Weekly chart
NNAVW Daily chart
Setup Rating and Analysis

5

Besides having an excellent technical rating, NNAVW also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.

Support and Resistance Analysis

2.78

5.63

When analyzing the support we can see 2 important areas.

  • A support zone ranging from 5.44 to 5.46. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Support @2.81 from a trend line in the weekly time frame.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.42
Mansfield6.9
10 Day High7.35
10 Day Low5
20 Day High7.35
20 Day Low5
52 Week High7.35
52 Week Low0.73
Performance
1 Week-17.97%
2 Weeks-15.86%
1 Month-11.87%
3 Month90.75%
6 Month76.27%
12 Month673.61%
2 Year1395.3%
3 Year228.61%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.22
RSI(14)42.48
LBB5.46
UBB7.34
NNAVW Daily chart

NEXTNAV INC

NASDAQ:NNAVW (12/24/2024, 7:28:18 PM)

5.57

+0.12 (+2.2%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg2.2%
1 Week-17.97%
2 Weeks-15.86%
1 Month-11.87%
3 Month90.75%
6 Month76.27%
12 Month673.61%
2 Year1395.3%
3 Year228.61%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.67
ATR(20)%11.23%
ATR Inc-3.46%
Range Today0.31
ADR(20)0.58
ADR(20)%10.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.42
Mansfield6.9
10 Day High7.35
10 Day Low5
20 Day High7.35
20 Day Low5
52 Week High7.35
52 Week Low0.73
CS1 End5.46
CR1 StartN/A
Volume & EV
DER(3)-14.79%
DER(5)-9.07%
Volume26.30K
Volume Incr94.78%
Vol(5)224.68K
Vol(50)165.82K