NNDM technical analysis 5/25
From what I see on the NNDM daily chart is that we are almost back on an uptrend on the daily. The 9 ema is pushing up but we need to close over the 20,50, and 200ema. Histogram on the MACD is green and we had the MACD crossover on the 18th of this month.
RSI is still on the low side sitting at 44.08 but we have clear buy signal on the slow stochastic oscillator.
We are seeing an RSI of 60 on the 1hr chart and an RSI of 50 on the 4 hour chart. So we can see that volume is starting to come in. MACD is falling over on the 1hr but the 4 hr is looking prime.
As long as we continue on this uptrend we should pass over the 200 and 50 ema, after that we should see more bulls come in and push the stock price up.
RSI is still on the low side sitting at 44.08 but we have clear buy signal on the slow stochastic oscillator.
We are seeing an RSI of 60 on the 1hr chart and an RSI of 50 on the 4 hour chart. So we can see that volume is starting to come in. MACD is falling over on the 1hr but the 4 hr is looking prime.
As long as we continue on this uptrend we should pass over the 200 and 50 ema, after that we should see more bulls come in and push the stock price up.
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