NEXSTAR MEDIA GROUP INC (NXST)

US65336K1034 - Common Stock

169.75  +0.63 (+0.37%)

After market: 169.733 -0.02 (-0.01%)

Technical Rating and Analysis

4

We assign a technical rating of 4 out of 10 to NXST. In the last year, NXST was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.

NXST is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
When compared to the yearly performance of all other stocks, NXST outperforms 50% of them, which is more or less in line with the market.
NXST is an average performer in the Media industry, it outperforms 53% 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 currently trading near new highs, so NXST is lagging the market.
Weekly and Daily overview Charts
NXST Weekly chart
NXST Daily chart
Setup Rating and Analysis

7

NXST has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 171.59. Right above this resistance zone may be a good entry point.

Support and Resistance Analysis

149.04

190.40

We found 3 important support areas.

  • A support zone ranging from 166.47 to 168.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 159.45 to 161.16. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • A support zone ranging from 150.55 to 150.55. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 4 important areas.

  • A resistance zone ranging from 171.53 to 173.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 177.62 to 178.53. This zone is formed by a combination of multiple trend lines 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.
  • Resistance @188.51 from a horizontal line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS50.03
Mansfield-0.94
10 Day High172.45
10 Day Low159.11
20 Day High191.86
20 Day Low159.11
52 Week High191.86
52 Week Low141.38
Performance
1 Week4.89%
2 Weeks2.23%
1 Month-0.69%
3 Month-1.05%
6 Month7.27%
12 Month13.26%
2 Year-10.45%
3 Year13.55%
5 Year57.6%
10 Year230.83%
15 Year5306.05%
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)-0.57
RSI(14)50.43
LBB154.98
UBB184.36
NXST Daily chart

NEXSTAR MEDIA GROUP INC

NASDAQ:NXST (11/22/2024, 4:30:01 PM)

After market: 169.733 -0.02 (-0.01%)

169.75

+0.63 (+0.37%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryMedia
Performance
% Chg0.37%
1 Week4.89%
2 Weeks2.23%
1 Month-0.69%
3 Month-1.05%
6 Month7.27%
12 Month13.26%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)6.62
ATR(20)%3.68%
ATR Inc
Range Today3.23
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High172.45
10 Day Low159.11
20 Day High191.86
20 Day Low159.11
52 Week High191.86
52 Week Low141.38
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume367.71K
Volume Incr-14.65%
Vol(5)328.64K
Vol(50)325.82K