How Will the Market React to Nano Dimension Ltd - ADR (NNDM) Stock Getting a Bearish Rating

The market has been down on Nano Dimension Ltd - ADR (NNDM) stock recently. NNDM gets a Bearish score from InvestorsObserver Stock Sentiment Indicator.

Nano Dimension Ltd - ADR has a Bearish sentiment reading. Find out what this means for you and get the rest of the rankings on NNDM!

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What is Stock Sentiment?

Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score. As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend. Recent trends are a good indicator of current market sentiments. In its most basic form, stocks that are trending up are desirable by investors while stocks currently falling must be unattractive. InvestorsObserver's Sentimental Indicator tracks both changes in price and volume to analyze the most recent trends. Typically an increase in volume indicates ongoing trends are getting stronger, while a decrease in volume usually signals an end to the current trend. Available options can also represent current sentiments for a given stock. Since investors are able to bet on future trends of stocks using options, we consider the ratio of calls to puts when analyzing market sentiments .

What's Happening With NNDM Stock Today?

Nano Dimension Ltd - ADR (NNDM) stock has risen 2.98% while the S&P 500 has fallen -0.16% as of 10:42 AM on Friday, Mar 22. NNDM is higher by $0.08 from the previous closing price of $2.69 on volume of 484,147 shares. Over the past year the S&P 500 has gained 32.92% while NNDM is higher by 16.39%. NNDM lost -$0.55 per share in the over the last 12 months. To see InvestorsObserver's Sentiment Score for Nano Dimension Ltd - ADR click here.

More About Nano Dimension Ltd - ADR

Nano Dimension Ltd is engaged in research and development of a three-dimensional printer that prints electronic circuit boards, also known as printed circuit boards, and ink materials and products based on nanotechnology. Its products consist of two main product lines - Dragonfly 2020 3D printer and proprietary ink products. The company's Dragonfly 2020 3D printer currently in development uses proprietary ink and integrated software to quickly create fully functioning PCB prototypes. Geographically, it generates maximum revenue from the USA followed by the Asia Pacific and Europe and Israel. It serves the Commercial, Research and Printing services industries. Click Here to get the full Stock Report for Nano Dimension Ltd - ADR stock.