NNBR Swing Trading Score

3

24

15

Strong Bullish
  • AI analysis rates NNBR with  a higher swing trading score of 4.
  • It is mainly due to  the positive AI swing signal.
  • Furthermore, based on historical backtesting, when entering with a swing trading score of 4 and exiting with a score of 1, resulted in 27 trades with a 44.44% win rate and an average profit/loss of 24.22%.

NNBR Historical Swing Trading Score

You can use historical scores of 3 or above to observe potential performance and make investment decisions.

NNBR Swing Trading Strategy Backtest

The following backtest is based on specified rules since 2007. Price chart shows buy/sell time, cumulative returns, and backtesting statistics.

Entry
Exit

The Backtest Result of NNBR from 2007/01 till Now

121.55%
Cumulative Return
4.65%
Annual Return
49.75%
Volatility
0.09
Sharpe Ratio

Statistics data for entering at or above a Swing Trading score of 4 and exiting at or below a Swing Trading score of 2 from January, 2007 to July, 2024. (Total Trades: 127)

NNBRSectorUS Overall Market
Wining Rate41%44%43%
Avg Return2.8%4.6%2.3%
Avg Profit19.3%19%14.9%
Avg Loss-8.8%-7.1%-7.3%
Avg Risk-Reward Ratio219.2%269.7%203%

Update to 2024/7/13 (Daily Update)

Top 10 High Relevance to NNBR Swing Trading Score