Decline depth
-40.0%
From rolling 252-day high of $33.92, 358d ago.
Past the 40% Red List threshold.
-40.0%
from rolling 252-day high of $33.92 set 2025-08-27 · 358d ago
Current
$20.36
Decline depth
-40.0%
Decline σ
1.6σ
TFC
4/5 bearish
Rolling 252-day high
Up day
Down day
Last 90 trading days · data from Alpaca
Since it joined the list
$NCNO landed on the list 2026-03-02, down 52.4% from its 52-week high that day — now down -40.0%.
It has clawed back 13.2 percentage points off that level. It bottomed 58.7% below that high along the way.
Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.
Structural break signals
NCNO qualifies for the Amber List on decline depth.
Time-frame continuity
4/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Past the 4/5 Amber threshold.
Decline sigma
1.6σ
Drop from local high over the last 5 bars, expressed in units of the stock's typical daily volatility (3.0% per day).
The structural read
What price action says about NCNO.
NCNO qualifies for the Amber List on decline depth — down -40.0% from its rolling 252-day high.
Cross-confirmation: also showing 4/5 bearish time frames.
Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 2D (red), weekly 2U (red), monthly 2U (green).
Earnings on file: 2026-05-27. Tiering is unaffected by earnings dates — listings reflect price structure only.
Questions about NCNO
What people ask.
Why is NCNO on Broken Stocks?
NCNO qualifies for the Amber List on decline depth. It is down -40.0% from its rolling 252-day high of $33.92, set on 2025-08-27 — 358d ago.
Is NCNO a falling knife?
Not by the strict technical definition. NCNO is down -40.0% from its 52-week high, but that high was set 358d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NCNO is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.
Is NCNO a buy?
Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.
Where is NCNO trading inside its 52-week range?
At $20.36, NCNO sits 32.6% of the way from its 52-week low ($13.80) to its 52-week high ($33.92). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.
How fast has NCNO been declining?
The current 40.0% decline accrued over 358d, which annualizes to roughly -40.8% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.
How does NCNO compare to its sector?
There are 239 other Technology tickers on Broken Stocks: 148 Red, 49 Amber, 42 Watch, with 65 showing recovering structural signals. Median sector decline is -36.7% — NCNO's decline is deeper than the sector median.
Does NCNO's earnings date affect its tier?
No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-05-27) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.