NEXXEN INTERNATIONAL LTD (NEXN) Stock Technical Analysis
NASDAQ:NEXN - Nasdaq - US89484T1043 - Common Stock - Currency: USD
Taking everything into account, NEXN scores 6 out of 10 in our technical rating. In the last year, NEXN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
In the last month NEXN has a been trading in the 8.91 - 11.00 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, NEXN did better than 91% of all other stocks. On top of that, NEXN also shows a nice and consistent pattern of rising prices.
NEXN is part of the Media industry. There are 93 other stocks in this industry. NEXN outperforms 85% of them.
NEXN is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEXN is lagging the market slightly.
NEXN has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
7.30
10.01
When analyzing the support we can see 3 important areas.
- A support zone ranging from 8.69 to 8.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @7.88 from a trend line in the daily time frame.
- Support @7.37 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- A resistance zone ranging from 9.70 to 9.91. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.26
Mansfield1.27
10 Day High11
10 Day Low8.91
20 Day High11
20 Day Low8.91
52 Week High11
52 Week Low4.71
Performance
1 Week-11.75%
2 Weeks-6.19%
1 Month-10.87%
3 Month-10.33%
6 Month11.89%
12 Month77.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.06
RSI(14)37.5
LBB8.95
UBB10.58
8.94
-0.22 (-2.4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-2.4%
1 Week-11.75%
2 Weeks-6.19%
1 Month-10.87%
3 Month-10.33%
6 Month11.89%
12 Month77.03%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.42
ATR(20)%4.59%
ATR Inc85.39%
Range Today0.43
ADR(20)0.37
ADR(20)%4.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.26
Mansfield1.27
10 Day High11
10 Day Low8.91
20 Day High11
20 Day Low8.91
52 Week High11
52 Week Low4.71
CS1 End8.78
CR1 Start9.7
Volume & EV
DER(3)-5.04%
DER(5)-4.94%
Volume549.80K
Volume Incr187.11%
Vol(5)306.92K
Vol(50)150.47K