NMR took off today, surging 37.69% to 16.46. It’s up 35.21% over the past 7 days, 74.28% over 30 days, and 58.34% over 90 days, while its one-year gain is a modest 0.01%. This rally is clearly being driven by the AI narrative.
Looking at the liquidation data, $1.6221 million in short positions were liquidated over the past 24 hours, compared with just $1.111 million in long positions—the bears took a serious hit. The long/short ratio is 0.92, and the large-trader position ratio is 1.14. Retail traders are still bearish, while major players are quietly accumulating. That’s an interesting signal.
If NMR can hold above 16.4, the next target is 18. NMR is a prominent project in the AI quantitative hedge fund space and is moving with the broader AI sector. The short-term rally has been sharp, so don’t chase it—wait for a pullback toward 14.5 before reassessing.
Looking at the liquidation data, $1.6221 million in short positions were liquidated over the past 24 hours, compared with just $1.111 million in long positions—the bears took a serious hit. The long/short ratio is 0.92, and the large-trader position ratio is 1.14. Retail traders are still bearish, while major players are quietly accumulating. That’s an interesting signal.
If NMR can hold above 16.4, the next target is 18. NMR is a prominent project in the AI quantitative hedge fund space and is moving with the broader AI sector. The short-term rally has been sharp, so don’t chase it—wait for a pullback toward 14.5 before reassessing.