25 XP   0   0   10

NanoString Technologies Inc
Buy, Hold or Sell?

Let's analyse Nanostring together

PenkeI guess you are interested in NanoString Technologies Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of NanoString Technologies Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

Get notifications about NanoString Technologies Inc

I send you an email if I find something interesting about NanoString Technologies Inc.

Quick analysis of Nanostring (30 sec.)










What can you expect buying and holding a share of Nanostring? (30 sec.)

How much money do you get?

How much money do you get?
€0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
€0.89
Expected worth in 1 year
€-9.35
How sure are you?
50.0%

+ What do you gain per year?

Total Gains per Share
€-10.24
Return On Investment
-7,757.9%

For what price can you sell your share?

Current Price per Share
€0.13
Expected price per share
€0.045 - €0.486
How sure are you?
50%

1. Valuation of Nanostring (5 min.)




Live pricePrice per Share (EOD)

€0.13

Intrinsic Value Per Share

€-30.10 - €-32.37

Total Value Per Share

€-29.20 - €-31.48

2. Growth of Nanostring (5 min.)




Is Nanostring growing?

Current yearPrevious yearGrowGrow %
How rich?$45.8m$176.9m-$131.1m-286.3%

How much money is Nanostring making?

Current yearPrevious yearGrowGrow %
Making money-$159.5m-$115.2m-$44.2m-27.8%
Net Profit Margin-125.4%-79.4%--

How much money comes from the company's main activities?

3. Financial Health of Nanostring (5 min.)




What can you expect buying and holding a share of Nanostring? (5 min.)

Welcome investor! Nanostring's management wants to use your money to grow the business. In return you get a share of Nanostring.

What can you expect buying and holding a share of Nanostring?

First you should know what it really means to hold a share of Nanostring. And how you can make/lose money.

Speculation

The Price per Share of Nanostring is €0.132. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Nanostring.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Nanostring, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is €0.89. Based on the TTM, the Book Value Change Per Share is €-2.56 per quarter. Based on the YOY, the Book Value Change Per Share is €-2.54 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is €0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Nanostring.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 % of Price per Share% of Price per Share% of Price per Share% of Price per Share% of Price per Share
Usd Eps-3.32-2,511.8%-3.32-2,511.8%-2.40-1,814.5%-2.09-1,583.7%-1.66-1,257.9%
Usd Book Value Change Per Share-2.73-2,064.8%-2.73-2,064.8%-2.70-2,046.5%0.0218.0%0.1290.2%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-2.73-2,064.8%-2.73-2,064.8%-2.70-2,046.5%0.0218.0%0.1290.2%
Usd Price Per Share7.77-7.77-38.11-28.33-23.15-
Price to Earnings Ratio-2.34--2.34--15.91--16.43--15.96-
Price-to-Total Gains Ratio-2.85--2.85--14.11--35.33--33.55-
Price to Book Ratio8.16-8.16-10.36-11.29-23.34-
Price-to-Total Gains Ratio-2.85--2.85--14.11--35.33--33.55-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.1405272
Number of shares7116
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-2.730.02
Usd Total Gains Per Share-2.730.02
Gains per Quarter (7116 shares)-19,394.48168.73
Gains per Year (7116 shares)-77,577.92674.94
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-77578-775880675665
20-155156-155166013501340
30-232734-232744020252015
40-310312-310322027002690
50-387890-387900033753365
60-465467-465478040504040
70-543045-543056047254715
80-620623-620634053995390
90-698201-698212060746065
100-775779-775790067496740

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.01.00.00.0%0.03.00.00.0%0.05.00.00.0%0.08.00.00.0%0.08.00.00.0%
Book Value Change Per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%
Dividend per Share0.00.01.00.0%0.00.03.00.0%0.00.05.00.0%0.00.08.00.0%0.00.08.00.0%
Total Gains per Share0.01.00.00.0%1.02.00.033.3%2.03.00.040.0%4.04.00.050.0%4.04.00.050.0%

Fundamentals of Nanostring

About NanoString Technologies Inc

NanoString Technologies, Inc. develops, manufactures, and sells technology for scientific and clinical information in the fields of genomics and proteomics in the Americas, Europe, the Middle East, and the Asia Pacific. The company offers nCounter Analysis System, an automated, multi-application, digital detection, and counting system. It provides nCounter Pro and FLEX systems that include Prep Station, an automated liquid handling component that processes and prepares samples for data collection; and nCounter Digital Analyzer, which collects data from samples by taking images of the immobilized fluorescent reporters in the sample cartridge and processing the data into output files. The company also offers nCounter SPRINT Profiler, an instrument that provides liquid handling steps and the digital analysis through use of a microfluidic cartridge; and nSolver Analysis Software, a data analysis program that enables researchers to check, normalize, and analyze their data. In addition, it provides custom CodeSets; panels with oncology, immunology and infectious disease, and neuroscience applications. Further, the company offers Master Kits, cartridges, ancillary reagents, tips and reagent plates to setup and process samples in instruments; and Prosigna in vitro diagnostic kits. The company is also developing GeoMx DSP system to enable the field of spatial biology. It has collaboration with Lam Research Corporation for the development of NGS sequencing platform and related assays; and Parker Institute for Cancer Immunotherapy to develop CAR-T regimens that enhances patient outcomes for various types of cancer, as well as collaboration with Stanford Medicine, Acrobat Genomics, and Illumina Accelerator to discover new drug targets for gene editing-based therapeutics. NanoString Technologies, Inc. was incorporated in 2003 and is headquartered in Seattle, Washington. On February 4, 2024, NanoString Technologies, Inc., along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bank

Fundamental data was last updated by Penke on 2024-04-05 06:17:03.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is just able to pay all its debts by selling its assets.
The company is unable to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is overpriced.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.

1.1. Profitability of NanoString Technologies Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Nanostring earns for each €1 of revenue.

  • Above 10% is considered healthy but always compare Nanostring to the  industry mean.
  • A Net Profit Margin of -125.4% means that €-1.25 for each €1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NanoString Technologies Inc:

  • The MRQ is -125.4%. The company is making a huge loss. -2
  • The TTM is -125.4%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-125.4%TTM-125.4%0.0%
TTM-125.4%YOY-79.4%-45.9%
TTM-125.4%5Y-80.7%-44.7%
5Y-80.7%10Y-71.1%-9.6%
1.1.2. Return on Assets

Shows how efficient Nanostring is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Nanostring to the  industry mean.
  • -45.1% Return on Assets means that Nanostring generated €-0.45 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NanoString Technologies Inc:

  • The MRQ is -45.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -45.1%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-45.1%TTM-45.1%0.0%
TTM-45.1%YOY-24.0%-21.1%
TTM-45.1%5Y-31.5%-13.6%
5Y-31.5%10Y-34.5%+3.0%
1.1.3. Return on Equity

Shows how efficient Nanostring is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Nanostring to the  industry mean.
  • -348.2% Return on Equity means Nanostring generated €-3.48 for each €1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NanoString Technologies Inc:

  • The MRQ is -348.2%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -348.2%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-348.2%TTM-348.2%0.0%
TTM-348.2%YOY-65.1%-283.1%
TTM-348.2%5Y-139.6%-208.6%
5Y-139.6%10Y-176.9%+37.2%

1.2. Operating Efficiency of NanoString Technologies Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Nanostring is operating .

  • Measures how much profit Nanostring makes for each €1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Nanostring to the  industry mean.
  • An Operating Margin of -119.6% means the company generated €-1.20  for each €1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NanoString Technologies Inc:

  • The MRQ is -119.6%. The company is operating very inefficient. -2
  • The TTM is -119.6%. The company is operating very inefficient. -2
Trends
Current periodCompared to+/- 
MRQ-119.6%TTM-119.6%0.0%
TTM-119.6%YOY-74.6%-45.0%
TTM-119.6%5Y-80.0%-39.6%
5Y-80.0%10Y-67.9%-12.1%
1.2.2. Operating Ratio

Measures how efficient Nanostring is keeping operating costs low.

  • Below 1 is considered healthy (always compare to  industry mean).
  • An Operation Ratio of 2.71 means that the operating costs are €2.71 for each €1 in net sales.

Let's take a look of the Operating Ratio trends of NanoString Technologies Inc:

  • The MRQ is 2.710. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.710. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ2.710TTM2.7100.000
TTM2.710YOY2.217+0.494
TTM2.7105Y2.225+0.485
5Y2.22510Y2.079+0.145

1.3. Liquidity of NanoString Technologies Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Nanostring is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to  industry mean).
  • A Current Ratio of 4.87 means the company has €4.87 in assets for each €1 in short-term debts.

Let's take a look of the Current Ratio trends of NanoString Technologies Inc:

  • The MRQ is 4.872. The company is very able to pay all its short-term debts. +2
  • The TTM is 4.872. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ4.872TTM4.8720.000
TTM4.872YOY8.199-3.327
TTM4.8725Y6.860-1.988
5Y6.86010Y5.598+1.263
1.3.2. Quick Ratio

Measures if Nanostring is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Nanostring to the  industry mean.
  • A Quick Ratio of 1.97 means the company can pay off €1.97 for each €1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NanoString Technologies Inc:

  • The MRQ is 1.967. The company is very able to pay all its short-term debts with the most liquid assets. +2
  • The TTM is 1.967. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.967TTM1.9670.000
TTM1.967YOY5.406-3.439
TTM1.9675Y2.890-0.923
5Y2.89010Y2.595+0.295

1.4. Solvency of NanoString Technologies Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Nanostring assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Nanostring to industry mean.
  • A Debt to Asset Ratio of 0.87 means that Nanostring assets are financed with 87.0% credit (debt) and the remaining percentage (100% - 87.0%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of NanoString Technologies Inc:

  • The MRQ is 0.870. The company is just able to pay all its debts by selling its assets.
  • The TTM is 0.870. The company is just able to pay all its debts by selling its assets.
Trends
Current periodCompared to+/- 
MRQ0.870TTM0.8700.000
TTM0.870YOY0.631+0.239
TTM0.8705Y0.657+0.213
5Y0.65710Y0.710-0.052
1.4.2. Debt to Equity Ratio

Measures if Nanostring is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Nanostring to the  industry mean.
  • A Debt to Equity ratio of 671.4% means that company has €6.71 debt for each €1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NanoString Technologies Inc:

  • The MRQ is 6.714. The company is unable to pay all its debts with equity. -1
  • The TTM is 6.714. The company is unable to pay all its debts with equity. -1
Trends
Current periodCompared to+/- 
MRQ6.714TTM6.7140.000
TTM6.714YOY1.710+5.005
TTM6.7145Y2.739+3.976
5Y2.73910Y3.621-0.882

2. Market Valuation of NanoString Technologies Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every €1 in earnings Nanostring generates.

  • Above 15 is considered overpriced but always compare Nanostring to the  industry mean.
  • A PE ratio of -2.34 means the investor is paying €-2.34 for every €1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NanoString Technologies Inc:

  • The EOD is -0.042. Based on the earnings, the company is expensive. -2
  • The MRQ is -2.343. Based on the earnings, the company is expensive. -2
  • The TTM is -2.343. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.042MRQ-2.343+2.301
MRQ-2.343TTM-2.3430.000
TTM-2.343YOY-15.912+13.569
TTM-2.3435Y-16.435+14.091
5Y-16.43510Y-15.963-0.472
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NanoString Technologies Inc:

  • The EOD is -0.045. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -2.465. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -2.465. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-0.045MRQ-2.465+2.420
MRQ-2.465TTM-2.4650.000
TTM-2.465YOY-18.488+16.023
TTM-2.4655Y-15.019+12.554
5Y-15.01910Y-10.107-4.912
2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Nanostring is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to industry mean).
  • A PB ratio of 8.16 means the investor is paying €8.16 for each €1 in book value.

Let's take a look of the Price to Book Ratio trends of NanoString Technologies Inc:

  • The EOD is 0.148. Based on the equity, the company is cheap. +2
  • The MRQ is 8.160. Based on the equity, the company is overpriced. -1
  • The TTM is 8.160. Based on the equity, the company is overpriced. -1
Trends
Current periodCompared to+/- 
EOD0.148MRQ8.160-8.013
MRQ8.160TTM8.1600.000
TTM8.160YOY10.364-2.203
TTM8.1605Y11.287-3.127
5Y11.28710Y23.339-12.052
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of NanoString Technologies Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---2.560-2.5600%-2.537-1%0.022-11594%0.112-2390%
Book Value Per Share--0.8940.8940%3.454-74%2.619-66%1.814-51%
Current Ratio--4.8724.8720%8.199-41%6.860-29%5.598-13%
Debt To Asset Ratio--0.8700.8700%0.631+38%0.657+32%0.710+23%
Debt To Equity Ratio--6.7146.7140%1.710+293%2.739+145%3.621+85%
Dividend Per Share----0%-0%-0%-0%
Eps---3.114-3.1140%-2.250-28%-1.964-37%-1.560-50%
Free Cash Flow Per Share---2.961-2.9610%-1.936-35%-1.936-35%-1.795-39%
Free Cash Flow To Equity Per Share---2.916-2.9160%-1.818-38%0.273-1169%0.239-1318%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---32.375--------
Intrinsic Value_10Y_min---30.097--------
Intrinsic Value_1Y_max---2.223--------
Intrinsic Value_1Y_min---2.440--------
Intrinsic Value_3Y_max---7.457--------
Intrinsic Value_3Y_min---7.873--------
Intrinsic Value_5Y_max---13.630--------
Intrinsic Value_5Y_min---13.859--------
Market Cap6351615.600-5429%351167353.400351167353.4000%1722635140.000-80%1280312479.080-73%1046188078.600-66%
Net Profit Margin---1.254-1.2540%-0.794-37%-0.807-36%-0.711-43%
Operating Margin---1.196-1.1960%-0.746-38%-0.800-33%-0.679-43%
Operating Ratio--2.7102.7100%2.217+22%2.225+22%2.079+30%
Pb Ratio0.148-5429%8.1608.1600%10.364-21%11.287-28%23.339-65%
Pe Ratio-0.042+98%-2.343-2.3430%-15.912+579%-16.435+601%-15.963+581%
Price Per Share0.132-5429%7.2987.2980%35.800-80%26.608-73%21.742-66%
Price To Free Cash Flow Ratio-0.045+98%-2.465-2.4650%-18.488+650%-15.019+509%-10.107+310%
Price To Total Gains Ratio-0.052+98%-2.851-2.8510%-14.109+395%-35.327+1139%-33.553+1077%
Quick Ratio--1.9671.9670%5.406-64%2.890-32%2.595-24%
Return On Assets---0.451-0.4510%-0.240-47%-0.315-30%-0.345-24%
Return On Equity---3.482-3.4820%-0.651-81%-1.396-60%-1.769-49%
Total Gains Per Share---2.560-2.5600%-2.537-1%0.022-11594%0.112-2390%
Usd Book Value--45813027.82745813027.8270%176958244.866-74%134145953.362-66%92919653.203-51%
Usd Book Value Change Per Share---2.725-2.7250%-2.701-1%0.024-11594%0.119-2390%
Usd Book Value Per Share--0.9520.9520%3.678-74%2.788-66%1.931-51%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---3.316-3.3160%-2.395-28%-2.091-37%-1.660-50%
Usd Free Cash Flow---151668781.520-151668781.5200%-99193895.061-35%-99166495.642-35%-68971536.393-55%
Usd Free Cash Flow Per Share---3.152-3.1520%-2.061-35%-2.061-35%-1.911-39%
Usd Free Cash Flow To Equity Per Share---3.105-3.1050%-1.936-38%0.290-1169%0.255-1318%
Usd Market Cap6761929.968-5429%373852764.430373852764.4300%1833917370.044-80%1363020665.229-73%1113771828.478-66%
Usd Price Per Share0.141-5429%7.7697.7690%38.113-80%28.326-73%23.147-66%
Usd Profit---159539614.498-159539614.4980%-115251554.310-28%-100592065.391-37%-79898679.514-50%
Usd Revenue--127259299.500127259299.5000%145081921.296-12%124389960.389+2%110750649.821+15%
Usd Total Gains Per Share---2.725-2.7250%-2.701-1%0.024-11594%0.119-2390%
 EOD+3 -5MRQTTM+0 -0YOY+3 -305Y+4 -2910Y+4 -29

3.2. Fundamental Score

Let's check the fundamental score of NanoString Technologies Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-0.042
Price to Book Ratio (EOD)Between0-10.148
Net Profit Margin (MRQ)Greater than0-1.254
Operating Margin (MRQ)Greater than0-1.196
Quick Ratio (MRQ)Greater than11.967
Current Ratio (MRQ)Greater than14.872
Debt to Asset Ratio (MRQ)Less than10.870
Debt to Equity Ratio (MRQ)Less than16.714
Return on Equity (MRQ)Greater than0.15-3.482
Return on Assets (MRQ)Greater than0.05-0.451
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of NanoString Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.415
Ma 20Greater thanMa 500.256
Ma 50Greater thanMa 1000.414
Ma 100Greater thanMa 2000.796
OpenGreater thanClose0.132
Total0/5 (0.0%)



Latest Balance Sheet

Balance Sheet of 2022-12-31. Currency in USD. All numbers in thousands.

Summary
Total Assets353,412
Total Liabilities307,598
Total Stockholder Equity45,814
 As reported
Total Liabilities 307,598
Total Stockholder Equity+ 45,814
Total Assets = 353,412

Assets

Total Assets353,412
Total Current Assets286,774
Long-term Assets66,638
Total Current Assets
Cash And Cash Equivalents 112,250
Short-term Investments 84,282
Net Receivables 31,506
Inventory 43,273
Other Current Assets 898
Total Current Assets  (as reported)286,774
Total Current Assets  (calculated)272,209
+/- 14,565
Long-term Assets
Property Plant Equipment 62,038
Other Assets 4,600
Long-term Assets  (as reported)66,638
Long-term Assets  (calculated)66,638
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities58,860
Long-term Liabilities248,738
Total Stockholder Equity45,814
Total Current Liabilities
Accounts payable 16,619
Other Current Liabilities 11,122
Total Current Liabilities  (as reported)58,860
Total Current Liabilities  (calculated)27,741
+/- 31,119
Long-term Liabilities
Long term Debt 226,622
Capital Lease Obligations Min Short Term Debt23,880
Other Liabilities 3,651
Long-term Liabilities  (as reported)248,738
Long-term Liabilities  (calculated)254,153
+/- 5,415
Total Stockholder Equity
Common Stock5
Other Stockholders Equity -589
Total Stockholder Equity (as reported)45,814
Total Stockholder Equity (calculated)-584
+/- 46,398
Other
Capital Stock5
Common Stock Shares Outstanding 46,719
Net Debt 114,372
Net Invested Capital 226,622
Net Tangible Assets 45,814
Net Working Capital 227,914
Property Plant and Equipment Gross 62,038



Balance Sheet

Currency in USD. All numbers in thousands.

 Trend2022-12-312021-12-312020-12-312019-12-312018-12-312017-12-312016-12-312015-12-31
> Total Assets 
92,869
126,373
136,762
147,558
259,754
544,195
479,481
353,412
353,412479,481544,195259,754147,558136,762126,37392,869
   > Total Current Assets 
82,793
113,785
121,921
131,707
212,607
498,980
427,620
286,774
286,774427,620498,980212,607131,707121,921113,78582,793
       Cash And Cash Equivalents 
21,856
20,583
26,136
24,356
29,033
411,848
107,068
112,250
112,250107,068411,84829,03324,35626,13620,58321,856
       Short-term Investments 
27,188
53,453
51,419
69,641
127,822
28,883
241,821
84,282
84,282241,82128,883127,82269,64151,41953,45327,188
       Net Receivables 
19,987
22,193
19,564
17,279
27,153
31,100
40,130
31,506
31,50640,13031,10027,15317,27919,56422,19319,987
       Inventory 
10,138
13,812
20,057
13,173
19,781
22,959
31,486
43,273
43,27331,48622,95919,78113,17320,05713,81210,138
       Other Current Assets 
3,310
1,796
0
0
8,818
4,190
7,115
898
8987,1154,1908,818001,7963,310
   > Long-term Assets 
0
12,588
14,841
15,851
47,147
45,215
51,861
66,638
66,63851,86145,21547,14715,85114,84112,5880
       Property Plant Equipment 
9,414
12,158
14,057
15,171
44,832
42,320
46,269
62,038
62,03846,26942,32044,83215,17114,05712,1589,414
       Long-term Assets Other 
0
430
784
680
2,315
2,895
5,592
4,600
4,6005,5922,8952,3156807844300
> Total Liabilities 
72,654
114,068
96,653
110,689
155,603
237,247
302,519
307,598
307,598302,519237,247155,603110,68996,653114,06872,654
   > Total Current Liabilities 
20,911
36,383
35,919
43,115
44,986
37,099
52,155
58,860
58,86052,15537,09944,98643,11535,91936,38320,911
       Accounts payable 
3,243
4,935
4,092
8,636
10,282
5,313
14,283
16,619
16,61914,2835,31310,2828,6364,0924,9353,243
       Other Current Liabilities 
5,560
19,656
18,686
18,714
10,386
7,241
8,752
11,122
11,1228,7527,24110,38618,71418,68619,6565,560
   > Long-term Liabilities 
0
77,685
60,734
67,574
110,617
200,148
250,364
248,738
248,738250,364200,148110,61767,57460,73477,6850
       Capital Lease Obligations Min Short Term Debt
0
58
0
0
33,134
29,915
26,582
23,880
23,88026,58229,91533,13400580
       Deferred Long Term Liability 
181
0
0
0
0
0
0
0
0000000181
> Total Stockholder Equity
20,215
12,305
40,109
36,869
104,151
306,948
176,962
45,814
45,814176,962306,948104,15136,86940,10912,30520,215
   Common Stock
2
2
2
3
4
4
5
5
55443222
   Retained Earnings Total Equity00000000
   Accumulated Other Comprehensive Income 00000000
   Capital Surplus 00000000
   Treasury Stock00000000
   Other Stockholders Equity 
-29
-57
-99
-40
145
83
-318
-589
-589-31883145-40-99-57-29



Balance Sheet

Currency in USD. All numbers in thousands.




Cash Flow

Currency in USD. All numbers in thousands.




Income Statement

Currency in USD. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue127,262
Cost of Revenue-65,475
Gross Profit61,78761,787
 
Operating Income (+$)
Gross Profit61,787
Operating Expense-279,445
Operating Income-152,183-217,658
 
Operating Expense (+$)
Research Development70,841
Selling General Administrative143,129
Selling And Marketing Expenses-
Operating Expense279,445213,970
 
Net Interest Income (+$)
Interest Income2,409
Interest Expense-7,535
Other Finance Cost-0
Net Interest Income-5,126
 
Pretax Income (+$)
Operating Income-152,183
Net Interest Income-5,126
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-159,226-150,266
EBIT - interestExpense = -159,718
-159,226
-152,008
Interest Expense7,535
Earnings Before Interest and Taxes (EBIT)-152,183-151,691
Earnings Before Interest and Taxes (EBITDA)-151,691
 
After tax Income (+$)
Income Before Tax-159,226
Tax Provision-317
Net Income From Continuing Ops-159,543-159,543
Net Income-159,543
Net Income Applicable To Common Shares-159,543
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-1,9175,126
 

Technical Analysis of Nanostring
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Nanostring. The general trend of Nanostring is BEARISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Nanostring's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-100.0%) Bearish trend (100.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of NanoString Technologies Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.31 < 0.434 < 0.486.

The bearish price targets are: 0.045.

Tweet this
NanoString Technologies Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of NanoString Technologies Inc. The current mas is .

The long score for the Moving Averages is 0/14.
The longshort score for the Moving Averages is -14/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 < MA 50: The MA 20 is lower than the MA 50. -1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending down: The MA 50 is trending down. -1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

NanoString Technologies Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of NanoString Technologies Inc. The current macd is -0.09133333.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Nanostring price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for Nanostring. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the Nanostring price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending up: The MACD line is trending up. This indicates that the short-term moving average is rising faster than the long-term moving average, suggesting positive momentum in the market. This signals that buyers are becoming more active and confident, leading to potential price increases as traders anticipate further gains and are willing to buy at higher prices. +1
NanoString Technologies Inc Daily Moving Average Convergence/Divergence (MACD) ChartNanoString Technologies Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of NanoString Technologies Inc. The current adx is 21.74.

The long score for the Directional Movement Index (DMI) is 0/7.
The longshort score for the Directional Movement Index (DMI) is -1/(-7 +7).

  • PLUS_ID < MINUS_DI: The +DI line is below the -DI line. This indicates a bearish signal in the market, as the negative directional movement is currently stronger than the positive directional movement, showing that sellers have the upper hand. Market psychology suggests that traders are pessimistic, expecting further price decreases, and are more willing to sell Nanostring shares, leading to potential downward momentum in its price. -1
  • PLUS_ID < MINUS_DI && ADX < 25 && ADX trending down: The ADX is below 25 and indicates a weak or no trend. Also, the ADX is declining so there is no trend indication.
NanoString Technologies Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of NanoString Technologies Inc. The current sar is 0.2796.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
NanoString Technologies Inc Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of NanoString Technologies Inc. The current rsi is 38.42. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
NanoString Technologies Inc Daily Relative Strength Index (RSI) ChartNanoString Technologies Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of NanoString Technologies Inc. The current phase is Continuation in bear market.

The long score for the Stochastic Oscillator is 2/6.
The longshort score for the Stochastic Oscillator is 0/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Nanostring price going up in the near term. +2
  • Trending down: The STOCH %K is trending down. -1
NanoString Technologies Inc Daily Stochastic Oscillator ChartNanoString Technologies Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of NanoString Technologies Inc. The current cci is -82.12944627.

NanoString Technologies Inc Daily Commodity Channel Index (CCI) ChartNanoString Technologies Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of NanoString Technologies Inc. The current cmo is -21.46474328.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
NanoString Technologies Inc Daily Chande Momentum Oscillator (CMO) ChartNanoString Technologies Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of NanoString Technologies Inc. The current willr is -77.63496144.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Nanostring is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
NanoString Technologies Inc Daily Williams %R ChartNanoString Technologies Inc Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of NanoString Technologies Inc.

NanoString Technologies Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of NanoString Technologies Inc. The current atr is 0.07369451.

NanoString Technologies Inc Daily Average True Range (ATR) ChartNanoString Technologies Inc Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of NanoString Technologies Inc. The current obv is 156,683.

NanoString Technologies Inc Daily On-Balance Volume (OBV) ChartNanoString Technologies Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of NanoString Technologies Inc. The current mfi is 93.63.

The long score for the Money Flow Index (MFI) is 2/2.
The longshort score for the Money Flow Index (MFI) is 2/(-2 +2).

  • MFI > 50: +1
  • MFI > 80: +1
NanoString Technologies Inc Daily Money Flow Index (MFI) ChartNanoString Technologies Inc Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for NanoString Technologies Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-09-29 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-03 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-04 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-06 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-09 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-10-10 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-11 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-16 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-17 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-10-20 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-23 00:00:00CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-10-24 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-26 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-10-27 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-30 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-01 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-02 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-06 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-07 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-09 00:00:00WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-10 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-13 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-14 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-15 00:00:00ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-11-16 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2023-11-20 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-21 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-22 00:00:00ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-23 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-27 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-11-29 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-04 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-05 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2023-12-06 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2023-12-07 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-11 00:00:00WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-15 00:00:00SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-12-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-20 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-21 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-22 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-27 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-29 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-02 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-08 00:00:00SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-09 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-10 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-11 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-12 00:00:00BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-01-16 00:00:00MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-17 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-18 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2024-01-19 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-24 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-01-26 00:00:00MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-29 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-30 00:00:00MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-02-02 00:00:00DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-05 00:00:00DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-06 00:00:00MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-08 00:00:00RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-02-09 00:00:00MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-02-12 00:00:00STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-13 00:00:00CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-02-15 00:00:00STOCH SHORT EXITThe %K line crosses above the %D line.

6.3. Candlestick Patterns

NanoString Technologies Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of NanoString Technologies Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5038.415
Ma 20Greater thanMa 500.256
Ma 50Greater thanMa 1000.414
Ma 100Greater thanMa 2000.796
OpenGreater thanClose0.132
Total0/5 (0.0%)
Penke

Good job! You gained 25 XP and 0   0   10 . What's next:

  • Share my analysis of Nanostring with someone you think should read this too:
  • Are you bullish or bearish on Nanostring? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Nanostring? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is this analysis useful to you? Support me via But Me a Coffee. I'll analyze the stock market faster for you!

Get notifications about NanoString Technologies Inc

I send you an email if I find something interesting about NanoString Technologies Inc.


Comments

How you think about this?

Leave a comment

Stay informed about NanoString Technologies Inc.

Receive notifications about NanoString Technologies Inc in your mailbox!