NA Stock Tickeron detected bullish Stock Pattern: Triangle Symmetrical Bottom NA on September 11, 2024, netting in a 10.32% gain over 2 weeks

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NA - Nano Labs Ltd

Ticker: NA

Company: Nano Labs

Gain: +10.32%

Confirmed: 09/11/24

Succeeded: 09/24/24

Total length: 15 days

NA's RSI Indicator recovers from oversold territory

The RSI Oscillator for NA moved out of oversold territory on November 12, 2024. This could be a sign that the stock is shifting from a downward trend to an upward trend. Traders may want to buy the stock or call options. The A.I.dvisor looked at 14 similar instances when the indicator left oversold territory. In of the 14 cases the stock moved higher. This puts the odds of a move higher at .

Technical Analysis (Indicators)

Bullish Trend Analysis

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 32 cases where NA's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on November 19, 2024. You may want to consider a long position or call options on NA as a result. In of 41 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for NA just turned positive on November 22, 2024. Looking at past instances where NA's MACD turned positive, the stock continued to rise in of 14 cases over the following month. The odds of a continued upward trend are .

NA moved above its 50-day moving average on November 22, 2024 date and that indicates a change from a downward trend to an upward trend.

Following a +9 3-day Advance, the price is estimated to grow further. Considering data from situations where NA advanced for three days, in of 103 cases, the price rose further within the following month. The odds of a continued upward trend are .

Bearish Trend Analysis

The 10-day moving average for NA crossed bearishly below the 50-day moving average on November 07, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 4 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where NA declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

NA broke above its upper Bollinger Band on November 22, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

The Aroon Indicator for NA entered a downward trend on November 12, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. NA’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is significantly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: NA's P/B Ratio (25.253) is slightly higher than the industry average of (8.286). P/E Ratio (0.000) is within average values for comparable stocks, (57.160). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (3.028). NA has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.021). P/S Ratio (7.628) is also within normal values, averaging (43.017).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. NA’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 70, placing this stock worse than average.