NEXTDECADE CORP (NEXT) Stock Technical Analysis
NASDAQ:NEXT - Nasdaq - US65342K1051 - Common Stock - Currency: USD
Taking everything into account, NEXT scores 8 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
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!
When comparing the yearly performance of all stocks, we notice that NEXT is one of the better performing stocks in the market, outperforming 90% of all stocks.
NEXT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 210 stocks in the same industry.
NEXT 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 NEXT is lagging the market slightly.
NEXT has an average volume of 1763380 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NEXT has a been trading in the 7.53 - 8.81 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NEXT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 7.59, a Stop Loss order could be placed below this zone.
More info and screens
4.84
8.49
3 important support areas can be observed.
- A support zone ranging from 7.57 to 7.59. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @6.94 from a horizontal line in the weekly time frame.
- Support @4.89 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 8.01 to 8.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @8.41 from a horizontal line 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
CRS90.11
Mansfield1.03
10 Day High8.44
10 Day Low7.53
20 Day High8.81
20 Day Low7.53
52 Week High9.47
52 Week Low4.27
Performance
1 Week-0.76%
2 Weeks-0.51%
1 Month-7.42%
3 Month5.08%
6 Month60.41%
12 Month54.72%
2 Year11.33%
3 Year131.86%
5 Year105.22%
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)-0.04
RSI(14)46.47
LBB7.5
UBB8.73
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 8.18 | 7.56 | 0.62 (7.58%) | 13.19% |
| An entry @8.18. This is a Buy Stop order right above the resistance zone. | An exit @7.56. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.62 points, which is 7.58%. | When investing 13.19% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
7.86
-0.45 (-5.42%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-5.42%
1 Week-0.76%
2 Weeks-0.51%
1 Month-7.42%
3 Month5.08%
6 Month60.41%
12 Month54.72%
2 Year11.33%
3 Year131.86%
5 Year105.22%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.4
ATR(20)%5.2%
ATR Inc17.87%
Range Today0.59
ADR(20)0.39
ADR(20)%5.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.11
Mansfield1.03
10 Day High8.44
10 Day Low7.53
20 Day High8.81
20 Day Low7.53
52 Week High9.47
52 Week Low4.27
CS1 End7.59
CR1 Start8.01
Volume & EV
DER(3)-2.86%
DER(5)-0.2%
Volume1.05M
Volume Incr-53.51%
Vol(5)1.03M
Vol(50)1.76M