NEXSTAR MEDIA GROUP INC (NXST) Stock Technical Analysis
NASDAQ:NXST - Nasdaq - US65336K1034 - Common Stock - Currency: USD
Overall NXST gets a technical rating of 6 out of 10. In the last year, NXST was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month NXST has a been trading in the 146.04 - 173.45 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
When comparing the performance of all stocks over the past year, NXST turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.
NXST is an average performer in the Media industry, it outperforms 67% of 92 stocks in the same industry.
NXST is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXST is lagging the market slightly.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NXST has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
144.87
186.64
When analyzing the support we can see 5 important areas.
- Support @169.01 from a trend line in the weekly time frame.
- A support zone ranging from 159.44 to 162.54. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 155.92 to 156.55. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 149.55 to 151.42. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @146.33 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- Resistance @178.53 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 182.41 to 184.79. 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
CRS60.98
Mansfield-0.12
10 Day High173.45
10 Day Low146.04
20 Day High173.45
20 Day Low146.04
52 Week High191.86
52 Week Low146.04
Performance
1 Week15.92%
2 Weeks9.91%
1 Month10.23%
3 Month-0.32%
6 Month5.07%
12 Month3.75%
2 Year-1.75%
3 Year-10%
5 Year193.83%
10 Year196.45%
15 Year3340.77%
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)2.47
RSI(14)65.84
LBB140.01
UBB175.32
169.63
-0.12 (-0.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg-0.07%
1 Week15.92%
2 Weeks9.91%
1 Month10.23%
3 Month-0.32%
6 Month5.07%
12 Month3.75%
2 Year-1.75%
3 Year-10%
5 Year193.83%
10 Year196.45%
15 Year3340.77%
Volatility
ATR(14)6.26
ATR(20)%3.1%
ATR Inc-2.47%
Range Today4.94
ADR(20)4.59
ADR(20)%2.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS60.98
Mansfield-0.12
10 Day High173.45
10 Day Low146.04
20 Day High173.45
20 Day Low146.04
52 Week High191.86
52 Week Low146.04
CS1 End169.01
CR1 Start178.53
Volume & EV
DER(3)0.88%
DER(5)0.26%
Volume444.54K
Volume Incr173.55%
Vol(5)852.65K
Vol(50)384.44K