NEXPOINT RESIDENTIAL (NXRT) Stock Technical Analysis
NYSE:NXRT - New York Stock Exchange, Inc. - US65341D1028 - REIT - Currency: USD
We assign a technical rating of 3 out of 10 to NXRT. Although NXRT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
Looking at the yearly performance, NXRT did better than 71% of all other stocks. However, we also see that NXRT couldn't keep up this performance in the last couple of months.
NXRT is an average performer in the Residential REITs industry, it outperforms 57% of 20 stocks in the same industry.
NXRT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXRT is lagging the market.
In the last month NXRT has a been trading in the 37.73 - 41.46 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NXRT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 38.38, a Stop Loss order could be placed below this zone.
More info and screens
36.49
48.26
When analyzing the support we notice one important area.
- A support zone ranging from 36.86 to 38.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 39.53 to 40.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @46.51 from a horizontal line in the daily time frame.
- A resistance zone ranging from 47.45 to 47.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.65
Mansfield-0.92
10 Day High41.46
10 Day Low38.51
20 Day High41.46
20 Day Low37.73
52 Week High48.37
52 Week Low28.2
Performance
1 Week-4.65%
2 Weeks-3.29%
1 Month1.89%
3 Month-16.59%
6 Month-15.09%
12 Month32.23%
2 Year-19.95%
3 Year-54.37%
5 Year-12.88%
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)0.02
RSI(14)41.87
LBB38.5
UBB40.83
38.77
-0.33 (-0.84%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.84%
1 Week-4.65%
2 Weeks-3.29%
1 Month1.89%
3 Month-16.59%
6 Month-15.09%
12 Month32.23%
2 Year-19.95%
3 Year-54.37%
5 Year-12.88%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1
ATR(20)%2.65%
ATR Inc-11.3%
Range Today0.94
ADR(20)0.98
ADR(20)%2.52%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.65
Mansfield-0.92
10 Day High41.46
10 Day Low38.51
20 Day High41.46
20 Day Low37.73
52 Week High48.37
52 Week Low28.2
CS1 End38.38
CR1 Start39.53
Volume & EV
DER(3)-1.25%
DER(5)-1.72%
Volume166.80K
Volume Incr45.01%
Vol(5)132.54K
Vol(50)115.47K