NANO-X IMAGING LTD (NNOX)

IL0011681371 - Common Stock

6.1  -0.42 (-6.44%)

Technical Rating and Analysis

5

We assign a technical rating of 5 out of 10 to NNOX. In the past year, NNOX was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

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.
In the last month NNOX has a been trading in the 5.27 - 7.62 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NNOX has an average volume of 1038580 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When compared to the yearly performance of all other stocks, NNOX outperforms 51% of them, which is more or less in line with the market.
NNOX is part of the Health Care Providers & Services industry. There are 110 other stocks in this industry, NNOX did better than 62% of them.
Volume is considerably higher in the last couple of days.
Weekly and Daily overview Charts
NNOX Weekly chart
NNOX Daily chart
Setup Rating and Analysis

6

Although the technical rating is only medium, NNOX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 5.84, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

5.59

7.41

2 important support areas can be observed.

  • A support zone ranging from 5.76 to 5.84. This zone is formed by a combination of multiple trend lines in the weekly time frame.
  • A support zone ranging from 5.65 to 5.66. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • Resistance @6.53 from a horizontal line in the weekly time frame.
  • Resistance @6.92 from a trend line in the daily time frame.
  • Resistance @7.16 from a trend line in the daily time frame.
  • Resistance @7.34 from a horizontal line in the daily 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
CRS51.6
Mansfield-2.44
10 Day High6.94
10 Day Low5.27
20 Day High7.62
20 Day Low5.27
52 Week High14.28
52 Week Low5.26
Performance
1 Week2.52%
2 Weeks11.45%
1 Month13%
3 Month10.51%
6 Month-16.84%
12 Month6.89%
2 Year-11.65%
3 Year-55.16%
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)0.05
RSI(14)56.41
LBB5.57
UBB6.76
NNOX Daily chart

NANO-X IMAGING LTD

NASDAQ:NNOX (12/3/2024, 12:16:06 PM)

6.1

-0.42 (-6.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Providers & Services
Performance
% Chg-6.44%
1 Week2.52%
2 Weeks11.45%
1 Month13%
3 Month10.51%
6 Month-16.84%
12 Month6.89%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.48
ATR(20)%7.7%
ATR Inc
Range Today0.26
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High6.94
10 Day Low5.27
20 Day High7.62
20 Day Low5.27
52 Week High14.28
52 Week Low5.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume837.76K
Volume Incr19.17%
Vol(5)1.53M
Vol(50)1.04M