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Understanding the Risks of Investing in Nano Dimension Ltd ADR (NNDM)

Nano Dimension Ltd ADR’s recent filing unveils that its President NEDIVI ZIVI R acquired Company’s shares for reported $0.18 million on Dec 30 ’24. In the deal valued at $2.57 per share,71,429 shares were bought.

Then, Pinchas Tomer Itzhak bought 333,333 shares, generating $736,666 in total proceeds.

Before that, Peled Zvi bought 35,477 shares. Nano Dimension Ltd ADR shares valued at $87,273 were divested by the Officer at a price of $2.46 per share.

Maxim Group reiterated its Nano Dimension Ltd ADR [NNDM] rating to a Buy in a research note published on October 21, 2016; the price target was $8.

Price Performance Review of NNDM

On Tuesday, Nano Dimension Ltd ADR [NASDAQ:NNDM] saw its stock fall -7.63% to $2.42. Over the last five days, the stock has lost -3.97%. Nano Dimension Ltd ADR shares have fallen nearly -2.42% since the year began. Nevertheless, the stocks have risen 4.76% over the past one year. While a 52-week high of $3.01 was reached on 01/06/25, a 52-week low of $2.04 was recorded on 01/07/25. SMA at 50 days reached $2.30, while 200 days put it at $2.37.

Levels Of Support And Resistance For NNDM Stock

The 24-hour chart illustrates a support level at 2.31, which if violated will result in even more drops to 2.19. On the upside, there is a resistance level at 2.58. A further resistance level may holdings at 2.73. The Relative Strength Index (RSI) on the 14-day chart is 49.56, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 72.74%. Stochastics %K at 53.11% indicates the stock is a holding.

How much short interest is there in Nano Dimension Ltd ADR?

A steep rise in short interest was recorded in Nano Dimension Ltd ADR stocks on 2024-10-31, dropping by -0.74 million shares to a total of 15.43 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 16.17 million shares. There was a decline of -4.81%, which implies that there is a negative sentiment for the stock.

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