NAAS· Consumer Discretionary› Specialty Retail

NaaS Technology Inc.

Stage 3 · Topping · week 3

As of Oct 22, 2026, NaaS Technology is in Stage 3, the topping phase, now in week 3 (since Oct 7, 2026). It closed at $2.79, 30.8% below its 52-week high and below its 200-day average, which is falling.

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. More about the company

$2.79

-4.45% today

$68.5M · Micro cap

Market Neutral — Building

Pro read

Pro

Our read

Topping: the uptrend is tiring

Setup score

—

Momentum

Steady

Edge

—

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Stage Cycle Timeline2023-08-16 → 2026-10-22

S4 103w

S4 22w

2023-08-162026-10-22

S1S2S3S4Setup score (0–10, dashed line at 5)

S4 3w → S1 3w → S4 103w → S1 12w → S4 22w → S1 8w → S2 12w → S3 2w current

Total tracked: 166 weeks across 8 stage runs.

NAAS among Specialty Retail19th of 43 by relative strength

All 43 →

Stocks in Specialty Retail ranked by relative strength, with stage and one-month change
#	Stock	Stage	RS	1M
1	ABLVAble View Global Inc. Class B	Stage 2 · wk 4	95	+116.5%
2	HZOMarineMax, Inc. (FL)	Stage 2 · wk 24	94	−0.1%
3	BNEDBarnes & Noble Education, Inc	Stage 3 · wk 5	87	+25.3%
4	FIVEFive Below, Inc.	Stage 2 · wk 10	85	−0.7%
5	MUSAMurphy USA Inc.	Stage 3 · wk 7	84	+5.1%
6	WSMWilliams-Sonoma, Inc.	Stage 2 · wk 18	81	+14.8%
7	BWMXBetterware de Mexico, S.A.P.I. de C.V.	Stage 4 · wk 5	78	−3.2%
8	CASYCaseys General Stores, Inc.	Stage 4 · wk 3	77	+19.5%
…19	NAASNaaS Technology Inc.	Stage 3 · wk 3	40	−18.4%

vs 52W High

-30.8%

$1.97 lo$4.03 hi

30.8% below 52W high, weakening from peak

The stock is rolling over from its 52-week high. In Stage 3 distribution, new long positions carry high risk.

Stage Maturity

Week 3

1w13w26w

Week 3, early distribution

How long this stock has been in Stage 3 distribution. Longer tops often precede deeper Stage 4 declines.

vs 200 DMA

-2.7%

200 DMA: $2.87 · sloping down

Stock is losing its 200 DMA. Once lost, it confirms Stage 4 risk. This is a major red flag for existing holders.

Rel Volume

0.90x

vs 50-day avg

Volume spikes on down days during Stage 3 signal distribution, with institutions exiting. Stage analysis reads that as a warning against new long positions.

Trend Health

↓

Short-term trend rolling over

Two reads of momentum. The arrow shows the direction of the short-term trend: rising (↑ or ↗), flat (→) or rolling over (↓). The ⇈ mark appears when our trend model reads the move as gaining speed on top of the longer trend. Strongest when both agree.

-18.4%

-10.6%

+32.9%

YTD

-12.5%

-19.1%

Scan Membership

Breakout Watch

Latest: 2023-03-31

5 appearances in last 60 days. First seen: 2019-05-02.

A stock that keeps qualifying week after week does so because its Stage 2 structure keeps holding. Staying power in the scan says more about the trend than any single appearance.

Recent Stage Timeline

2026-10-22S3

Wk 3 · Vol 0.90x

2026-10-21S3

Wk 3 · Vol 0.87x

2026-10-20S3

Wk 2 · Vol 0.67x

2026-10-19S3

Wk 2 · Vol 0.97x

2026-10-16S3

Wk 2 · Vol 0.92x

2026-10-15S3

Wk 2 · Vol 0.79x

2026-10-14S3

Wk 2 · Vol 0.79x

2026-10-13S3

Wk 1 · Vol 0.77x

2026-10-12S3

Wk 1 · Vol 0.85x

2026-10-09S3

Wk 1 · Vol 0.81x

2026-10-08S3

Wk 1 · Vol 0.76x

2026-10-07S32→3

Wk 1 · Vol 0.70x

Moving averages & range

50 DMA

$3.17

200 DMA

$2.87

52W High

$4.03

52W Low

$1.97

5D Low

$2.79

Resistance levels (recent highs)

20d High

$3.31

60d High

$3.47

120d High

$3.50

250d High

$4.03

Next resistance

+18.6%

to 20d High

Dividend Yield

0.00%

P/B -0.2

NaaS Technology: quick answers

What stage is NaaS Technology in?

As of Oct 22, 2026, NaaS Technology (NAAS) is in Stage 3, the topping phase. It entered Stage 3 on Oct 7, 2026 and is in week 3. What the four stages mean

Is NaaS Technology in an uptrend?

Its uptrend has stalled. NaaS Technology is in Stage 3, the topping phase that follows an advance. It trades 2.7% below its 200-day average, which is falling.

How far is NaaS Technology from its 52-week high?

NaaS Technology closed at $2.79 on Oct 22, 2026, 30.8% below its 52-week high of $4.03. Its 52-week low is $1.97.

How has NaaS Technology performed over the past year?

As of Oct 22, 2026, NaaS Technology is down 19.1% over the past year and down 12.5% so far in 2026.

Which sector and industry is NaaS Technology in?

NaaS Technology is in the Specialty Retail industry, part of the Consumer Discretionary sector.

About this companyConsumer Discretionary· Specialty Retail

NaaS Technology Inc. provides electric vehicle (EV) charging services in China. It offers online EV charging solutions to charging stations, including mobility connectivity services through Kuaidian; SaaS products, such as traffic support and management, marketing, payment, chargers management, order management, load management, and membership management; and operates full station. The company also provides energy solutions comprising site selection; hardware procurement; engineering, procurement, and construction for charging stations. In addition, it integrates smart photovoltaics energy storage and power charging for station upgrade, as well as offline operational and management services. Further, the company is involved in providing electricity procurement services to charging stations; cloud-based virtual power plant platform to facilitate the establishment of a modern energy system for charging stations. Additionally, it offers other amenities and ancillary services, such as vending machines, massage chairs, and car wash tunnels, as well as design and decoration, furniture, ands fixture procurement. The company is headquartered in Beijing, China.

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All analytics based on EOD data. Data as of 2026-10-22. Past data patterns are not indicative of future results. This page is a data analytics tool only.