What’s in Natural Alternatives International, Inc. (NAII) After Forming Wedge Down?

November 10, 2018 - By Louis Casey

Natural Alternatives International, Inc. (NASDAQ:NAII) Logo

Investors sentiment decreased to 2.4 in 2018 Q2. Its down 0.40, from 2.8 in 2018Q1. It worsened, as 2 investors sold Natural Alternatives International, Inc. shares while 3 reduced holdings. 5 funds opened positions while 7 raised stakes. 2.36 million shares or 1.39% more from 2.33 million shares in 2018Q1 were reported.
Tower Rech (Trc) reported 0% of its portfolio in Natural Alternatives International, Inc. (NASDAQ:NAII). Wells Fargo & Communications Mn has 0% invested in Natural Alternatives International, Inc. (NASDAQ:NAII). Renaissance Techs Ltd Liability Co, New York-based fund reported 549,900 shares. 585,193 are held by Dimensional Fund Advsr L P. 266,475 are held by Vanguard Gp. California Pub Employees Retirement Sys reported 0% stake. Financial Architects accumulated 200 shares. 1,500 were reported by Hillsdale Inv Incorporated. Deutsche Savings Bank Ag holds 29,890 shares. Royal Comml Bank Of Canada reported 0% in Natural Alternatives International, Inc. (NASDAQ:NAII). Blackrock holds 0% or 16,818 shares in its portfolio. Morgan Stanley accumulated 2,800 shares or 0% of the stock. Geode Mgmt Lc invested 0% of its portfolio in Natural Alternatives International, Inc. (NASDAQ:NAII). James Invest Rech reported 0% stake. Northern Tru reported 18,908 shares.

Since May 17, 2018, it had 0 buys, and 3 insider sales for $180,730 activity. Shares for $10,550 were sold by LANE ALAN J on Thursday, May 17. $96,120 worth of Natural Alternatives International, Inc. (NASDAQ:NAII) shares were sold by Dunn Alan G.

The stock of Natural Alternatives International, Inc. (NAII) formed a down wedge with $8.90 target or 5.00 % below today’s $9.37 share price. The 6 months wedge indicates high risk for the $70.94M company. If the $8.90 price target is reached, the company will be worth $3.55 million less.
Falling wedges are poor performers for bullish breakouts and are tricky moments to trade. Investors must be aware that the break even failure rate for up or down breakouts is: 11% and 15%. The average rise is 32% and the decline is 15%. The falling wedges has high throwback and pullback rate: 56%, 69% and the percent of wedges meeting target is not very high.

The stock decreased 0.85% or $0.08 during the last trading session, reaching $9.37. About 7,927 shares traded. Natural Alternatives International, Inc. (NASDAQ:NAII) has declined 9.77% since November 10, 2017 and is downtrending. It has underperformed by 25.39% the S&P500.

Natural Alternatives International, Inc. engages in formulating, manufacturing, and marketing nutritional supplements in the United States and internationally. The company has market cap of $70.94 million. The firm offers private-label contract manufacturing services to companies that market and distribute vitamins, minerals, herbs, and other nutritional supplements, as well as other health care products. It has a 12.84 P/E ratio. It also provides strategic partnering services, such as customized product formulation, clinical studies, manufacturing, marketing support, international regulatory and label law compliance, international product registration, packaging in multiple formats and labeling design, scientific research, proprietary ingredients, customer-specific nutritional product formulation, product testing and evaluation, packaging and delivery system design, and regulatory review.

Natural Alternatives International, Inc. (NASDAQ:NAII) Institutional Positions Chart

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