Nano X Imaging Stock Technical Analysis
| NNOX Stock | USD 1.73 -0.03 -1.70% |
As of the 10th of May, Nano X maintains a quoted price of 1.73 per share. Short-term indicators show Mean Deviation of 3.43, standard deviation of 4.98, and Risk Adjusted Performance of -0.06. The model measures trend continuation and reversal probability using historical patterns. Comparative analytics measure deviation from sector averages.
Nano X Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as Nano X, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to Nano XNano X |
Analyst Consensus
| Target Price | Consensus | # of Analysts | |
| 6.65 | Strong Buy | 4 | Odds |
Nano X Imaging current and past analyst recommendations are summarized from multiple research sources. Average recommendation scores for Nano X are calculated from contributing analysts. Nano X Imaging's analyst consensus is derived from the aggregate of buy, hold, and sell ratings issued by covering institutions. Consensus upgrades or downgrades for Nano X often have meaningful short-term impact on the stock price. Following analyst revisions on Nano X over time reveals trends in institutional sentiment. Consensus estimates serve as a benchmark for evaluating Nano X Imaging's stock performance over time.
Earnings Share -1.16 | Revenue Per Share | Quarterly Revenue Growth 24.0% | Return On Assets | Return On Equity |
Nano X Imaging can be assessed through both market valuation and accounting book value, which often tell different stories. Nano X's market capitalization is 120.39 million. A P/B ratio of 0.86 suggests Nano X trades near or below book value. Enterprise value (TTM) stands at 68.63 million. Estimated intrinsic value for Nano X draws on fundamentals that market price alone does not fully capture.
Nano X's value is shaped by fundamental inputs, whereas price is shaped by supply and demand dynamics. For Nano X, key inputs include a P/B ratio of 0.86, a profit margin of -6.05%, ROE of -51.0%, and revenue of 13.02 million.
What-If Analysis
Running a what-if backtest on Nano X Imaging provides a practical way to test how changes in horizon, position size, or market timing might have affected the result. In practice, this review provides context for deciding whether Nano X's historical reward profile was stable enough to support the current thesis.
| 02/09/2026 |
| 05/10/2026 |
Investing 0.00 in Nano X starting February 9, 2026 and holding to today would realize 0.00 in total gains. That works out to a 0.0% cumulative return in Nano X in aggregate over a 90 day period. Peers such as Inogen, SANUWAVE Health,, Helius Medical, Outset Medical, Perspective Therapeutics, Quanterix Corp, and Profound Medical operate in a similar space as Nano X. Nano-X Imaging Ltd. develops a commercial-grade tomographic imaging device with a digital X-ray source More
Upside and Downside Indicators for Nano X Signals
Upside and downside signals that contextualize Nano X price behavior are highlighted below. Upside potential is measured relative to recent highs; downside exposure is framed against recent lows.
| Information Ratio | -0.07 | |||
| Maximum Drawdown | 31.58 | |||
| Value At Risk | -5.88 | |||
| Potential Upside | 6.54 |
Market Risk Indicators for Nano X Overview
Market risk indicators summarize volatility and return dispersion for Nano X. Correlation with benchmark returns indicates how much diversification benefit the position provides within a broader portfolio.| Risk Adjusted Performance | -0.06 | |||
| Jensen Alpha | -0.38 | |||
| Total Risk Alpha | -0.26 | |||
| Treynor Ratio | -1.06 |
Mean reversion analysis in Nano X's involves identifying price extremes that diverge materially from the historical norm. High prices relative to historical norms contrast with unusually low prices, where recovery expectations may emerge. Mean reversion in Nano X is distinct from trend following, which rides momentum rather than betting on reversals. Momentum identifies the trend while mean reversion identifies when it has extended beyond sustainable levels.
Technical Indicators
| Cycle Indicators | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
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| Volume Indicators |
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -1.05 | |||
| Mean Deviation | 3.43 | |||
| Coefficient Of Variation | -1,327 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.8 | |||
| Information Ratio | -0.07 | |||
| Jensen Alpha | -0.38 | |||
| Total Risk Alpha | -0.26 | |||
| Treynor Ratio | -1.06 | |||
| Maximum Drawdown | 31.58 | |||
| Value At Risk | -5.88 | |||
| Potential Upside | 6.54 | |||
| Skewness | -1.91 | |||
| Kurtosis | 7.96 |
Nano X Imaging Backtested Returns
Nano X shows a very high risk exposure relative to the chosen timeframe. It records an Efficiency (Sharpe) Ratio of -0.0735, indicating negative risk-adjusted returns over the last 3 months. Volatility modeling revealed twenty-three technical measures impacting risk exposure. Please evaluate metrics such as mean deviation of 3.43, standard deviation of 4.98, and risk-adjusted performance of -0.06 to review standard deviation behavior. The company owns a market beta of 0.37, which means generally lower market sensitivity than the broad market. Returns on Nano X tend to trail the broader market in strong rallies but hold up better when sentiment turns negative. At this point, Nano X Imaging has a negative expected return of -0.36%.
Auto-correlation | -0.35 |
Poor reverse predictability
Comparing Nano X's price behavior from 9th of February 2026 to 26th of March 2026 with the period from 26th of March 2026 to 10th of May 2026 produces poor reverse predictability. The stronger the relationship between the current interval and its lagged values, the more accurately future price behavior of Nano X Imaging may be projected. The coefficient of -0.35 links nearly 35.0% of Nano X's present price action to its own historical movements. Given that Nano X Imaging has negative autocorrelation for the selected time horizon, market participants may evaluate potential contrarian price behavior over comparable future intervals.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
The framework analyzes Nano X using price and volume data. The structure incorporates trend and momentum indicators.
Technical Analysis
This analysis covers twenty-five data points across the selected time horizon. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of Nano X Imaging volatility. High ATR values indicate high volatility, and low values indicate low volatility.
Technical Analysis Methodology & Indicators
Technical analysis of Nano X evaluates price structure, momentum, and volatility clustering. Trend alignment improves interpretability of cross-signal confirmation. Nano X has a market cap of 120.39 million, ROE of -45.62%.
Nano X Imaging metrics draw on periodic company reporting and market reference feeds, standardized for cross-period comparison.
Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors
Technical Indicators
Investors following Nano X Imaging often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. A disciplined technical workflow separates stronger setups from noisier price action.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | -0.06 | |||
| Market Risk Adjusted Performance | -1.05 | |||
| Mean Deviation | 3.43 | |||
| Coefficient Of Variation | -1,327 | |||
| Standard Deviation | 4.98 | |||
| Variance | 24.8 | |||
| Information Ratio | -0.07 | |||
| Jensen Alpha | -0.38 | |||
| Total Risk Alpha | -0.26 | |||
| Treynor Ratio | -1.06 | |||
| Maximum Drawdown | 31.58 | |||
| Value At Risk | -5.88 | |||
| Potential Upside | 6.54 | |||
| Skewness | -1.91 | |||
| Kurtosis | 7.96 |
May 10, 2026 Daily Trend Indicators
Investors following Nano X Imaging often rely on technical indicators to test whether price action is supporting continuation, exhaustion, or a possible change in direction. A disciplined technical workflow separates stronger setups from noisier price action.
| Accumulation Distribution | 0.03 | ||
| Daily Balance Of Power | -0.60 | ||
| Rate Of Daily Change | 0.98 | ||
| Day Median Price | 1.76 | ||
| Day Typical Price | 1.75 | ||
| Price Action Indicator | -0.04 | ||
| Market Facilitation Index | 0.05 |