NextNav Inc. (NN)

NextNav Inc. is trading at $19.52, up 1.67% on the session. The 50 day average sits at $17.13 and the 200 day at $n/a, which puts the stock in a mixed technical position. RSI is at 69.7, which reads as strong, and MACD is bullish crossover. Volume is below average.

The nearest support is around $19.71 with resistance near $23.22, so that band frames the current range. Average daily movement is roughly $1.50, or about 7.7% of the share price, which is what any stop placement has to allow for. The overall health score of 61 out of 100 combines a trend score of 52, momentum of 88 and a risk score of 36.

NextNav Inc. provides positioning, navigation, and timing (PNT) solutions in the United States. The company offers Pinnacle, an accurate altitude service for public safety applications, including enhanced 911 for Verizon and national cellular network providers. It also provides TerraPoiNT, a 3D PNT system, provides positioning, navigation, and timing services provided by GPS through a land-based GPS satellite constellation. The company serves Wi-Fi, telecom, public safety, location apps, and critical infrastructure industries. The company was founded in 2007 and is headquartered in Reston, Virginia.