Nano Nuclear Energy Inc Stock Forecast

Hold candidate since Mar 19, 2025

The Nano Nuclear Energy Inc stock price gained 3.78% on the last trading day (Wednesday, 19th Mar 2025), rising from $30.12 to $31.26. During the last trading day the stock fluctuated 9.20% from a day low at $29.56 to a day high of $32.28. The price has risen in 7 of the last 10 days and is up by 8.65% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 747 thousand more shares were traded than the day before. In total, 2 million shares were bought and sold for approximately $66.33 million.

The stock lies in the middle of a very wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.64% during the next 3 months and, with a 90% probability hold a price between $22.42 and $47.19 at the end of this 3-month period.

NNE Signals & Forecast

The Nano Nuclear Energy Inc stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock, but the stock has a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections down, there will be some support from the lines at $29.41 and $31.23. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume is rising along with the price. This is considered to be a good technical signal. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Friday, January 24, 2025, and so far it has fallen -29.77%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for Nano Nuclear Energy Inc stock

Nano Nuclear Energy Inc finds support from accumulated volume at $30.24 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $2.72 between high and low, or 9.20%. For the last week, the stock has had daily average volatility of 7.68%.

Our recommended stop-loss: $29.46 (-5.76%) (This stock has medium daily movements and this gives medium risk. There is a sell signal from a pivot top found 37 days ago.)

Trading Expectations (NNE) For The Upcoming Trading Day Of Thursday 20th

For the upcoming trading day on Thursday, 20th we expect Nano Nuclear Energy Inc to open at $31.03, and during the day (based on 14 day Average True Range), to move between $28.21 and $34.31, which gives a possible trading interval of +/-$3.05 (+/-9.75%) up or down from last closing price. If Nano Nuclear Energy Inc takes out the full calculated possible swing range there will be an estimated 19.50% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $30.24 (3.26%) than the resistance at $33.26 (6.40%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nano Nuclear Energy Inc stock A Buy?

Nano Nuclear Energy Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.767 Hold/Accumulate Upgraded

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Predicted Fair Opening Price

Predicted fair opening price on March 20, 2025 - $31.03 ( 0.725%).