Stock Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
Nano Dimension Ltd ADS (NASDAQ:NNDM)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NNDM
The long term trend has been DOWN since Oct 9th, 2018 at 1.760
The intermediate term trend has been DOWN since Nov 26th, 2018 at 1.700
The short term trend has been UP since Dec 14th, 2018 at 1.395
Smart Scan Analysis for NNDM
Based on a pre-defined weighted trend formula for chart analysis, NNDM scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||3.89||Year High Date||2018-01-16|
|Year Low||1.21||Year Low Date||2018-05-03|
|52wk High||4.14||52wk High Date||2017-11-30|
|52wk Low||1.21||52wk Low Date||2018-05-03|