KD Logo

Potential Price Increase for Nano X Imaging Ltd (NNOX) After Recent Insider Activity

While this happened, D. Boral Capital initiated its Nano X Imaging Ltd [NNOX] rating to a Buy in a research note published on January 06, 2025; the price target was $23. A number of analysts have revised their coverage, including Alliance Global Partners’s analysts, who began to cover the stock in early September with a ‘”a Buy”‘ rating. Cantor Fitzgerald began covering NNOX with “an Overweight” recommendation on January 05, 2023. Ladenburg Thalmann started covering the stock on April 19, 2021. It rated NNOX as “a Buy”.

Price Performance Review of NNOX

On Tuesday, Nano X Imaging Ltd [NASDAQ:NNOX] saw its stock fall -5.57% to $9.41. Over the last five days, the stock has gained 25.20%. Nano X Imaging Ltd shares have risen nearly 30.76% since the year began. Nevertheless, the stocks have risen 52.10% over the past one year. While a 52-week high of $14.28 was reached on 01/06/25, a 52-week low of $5.26 was recorded on 01/02/25. SMA at 50 days reached $6.78, while 200 days put it at $7.55.

Levels Of Support And Resistance For NNOX Stock

The 24-hour chart illustrates a support level at 8.89, which if violated will result in even more drops to 8.37. On the upside, there is a resistance level at 10.29. A further resistance level may holdings at 11.17. The Relative Strength Index (RSI) on the 14-day chart is 66.90, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.77, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 34.61%. Stochastics %K at 76.57% indicates the stock is a holding.

How much short interest is there in Nano X Imaging Ltd?

A steep rise in short interest was recorded in Nano X Imaging Ltd stocks on 2024-10-31, dropping by 11455.0 shares to a total of 7.25 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 7.26 million shares. There was a decline of -0.16%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on September 15, 2020 when Oppenheimer began covering the stock and recommended ‘”a Perform”‘ rating .

Most Popular