NAYAX LTD (NYAX)

IL0011751166 - Common Stock

27.3001  -0.8 (-2.86%)

Technical Rating and Analysis

8

Overall NYAX gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NYAX is showing a nice and steady performance.

Warning: NYAX has an average volume of 10768 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
NYAX is part of the Electronic Equipment, Instruments & Components industry. There are 124 other stocks in this industry. NYAX outperforms 72% of them.
NYAX 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 NYAX is lagging the market slightly.
When comparing the yearly performance of all stocks, we notice that NYAX is one of the better performing stocks in the market, outperforming 83% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
In the last month NYAX has a been trading in the 25.32 - 29.99 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NYAX Weekly chart
NYAX Daily chart
Setup Rating and Analysis

8

NYAX has an excellent technical rating and also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 26.74, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NYAX in the last couple of days, which is a good sign.

  • Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
Support and Resistance Analysis

21.69

30.32

When analyzing the support we can see 5 important areas.

  • A support zone ranging from 26.65 to 26.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @26.22 from a horizontal line in the daily time frame.
  • Support @24.45 from a horizontal line in the daily time frame.
  • Support @23.35 from a trend line in the weekly time frame.
  • Support @21.91 from a trend line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 30.02 to 30.02. This zone is formed by a combination of multiple trend lines 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
CRS83.23
Mansfield-0.1
10 Day High29.5
10 Day Low25.32
20 Day High29.99
20 Day Low25.32
52 Week High30.99
52 Week Low18.46
Performance
1 Week-2.5%
2 Weeks-5.21%
1 Month3.72%
3 Month14.75%
6 Month8.77%
12 Month36.5%
2 Year39.29%
3 YearN/A
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)-0.18
RSI(14)48.25
LBB26.76
UBB29.83
Example Setup

Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.

ENTRYEXITDISTANCECAPITAL
28.1626.641.52 (5.39%)18.56%
An entry @28.16. This is a Buy Stop order right above the 10 day moving average.An exit @26.64. This is a Stop Loss order right below the support zone.The worst case loss on the trade is limited to 1.52 points, which is 5.39%.For a 1.00% total portfolio risk, you can invest 18.56% of your capital in this trade.

  • The distance between exit and entry is rather small compared to the average daily movement of NYAX. Please evaluate whether better entry and exit points can be found.
  • The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
  • This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYAX Daily chart

NAYAX LTD

NASDAQ:NYAX (11/20/2024, 8:00:02 PM)

27.3001

-0.8 (-2.86%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-2.86%
1 Week-2.5%
2 Weeks-5.21%
1 Month3.72%
3 Month14.75%
6 Month8.77%
12 Month36.5%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)1.08
ATR(20)%3.69%
ATR Inc
Range Today0.85
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 High29.5
10 Day Low25.32
20 Day High29.99
20 Day Low25.32
52 Week High30.99
52 Week Low18.46
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume700
Volume Incr-54.93%
Vol(5)4.78K
Vol(50)10.77K