NanoVibronix Inc (NASDAQ:NAOV) price closed higher on Monday, March 17, and jumping 55.49% above its previous close.
A look at the daily price movement shows that the last close reads $2.21, with intraday deals fluctuated between $2.7808 and $4.15. The company’s 5Y monthly beta was ticking 1.812. Taking into account the 52-week price action we note that the stock hit a 52-week high of $13.97 and 52-week low of $1.92. The stock subtracted -33.09% on its value in the past month.
NanoVibronix Inc, which has a market valuation of $1.75 million, is expected to release its quarterly earnings report on 2019-Nov-18.
Technical indicators in stocks provide crucial insights into market trends, guiding investors with precise entry and exit points based on price movements for informed decision-making.On the technical perspective front, indicators give NAOV a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that NAOV’s price is at present -6.66% off the SMA20 and -27.52% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 44.74, with weekly volatility standing at 33.54%. The indicator jumps to 18.50% when calculated based on the past 30 days. NanoVibronix Inc (NASDAQ:NAOV)’s beta value is holding at 2.00, while the average true range (ATR) indicator is currently reading 0.75.
An analysis of the NanoVibronix Inc (NASDAQ:NAOV) stock in terms of its daily trading volume indicates that the 3-month average is 340.51K. However, this figure increases on the past 10-day timeline to an average of 4.31 million.
Current records show that the company has 0.25M in outstanding shares. The percentage share held by institutions stands at 45.85%. The stats also highlight that short interest as of 2025-02-28, stood at 24325.0 shares, which puts the short ratio at the time at 0.05. From this we can glean that short interest is 307.00 of company’s current outstanding shares. Notably, we see that shares short in February fall slightly given the previous month’s figure stood at 0.15 million. But the -47.15% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
