NEXTRACKER INC-CL A (NXT) Stock Technical Analysis
NASDAQ:NXT - Nasdaq - US65290E1010 - Common Stock - Currency: USD
Overall NXT gets a technical rating of 2 out of 10. NXT performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
When comparing the yearly performance of all stocks, NXT is a bad performer in the overall market: 69% of all stocks are doing better.
In the last month NXT has a been trading in the 40.20 - 49.97 range, which is quite wide. It is currently trading near the lows of this range.
NXT has an average volume of 2726490 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NXT is an average performer in the Electrical Equipment industry, it outperforms 64% of 92 stocks in the same industry.
NXT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
The technical rating of NXT is bad and it also does not present a 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
30.59
52.28
We found 4 important support areas.
- A support zone ranging from 41.55 to 41.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @40.22 from a trend line in the weekly time frame.
- Support @37.17 from a trend line in the daily time frame.
- Support @30.90 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 46.75 to 47.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 49.05 to 49.08. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @51.76 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
CRS31.32
Mansfield-0.84
10 Day High48.45
10 Day Low40.2
20 Day High49.97
20 Day Low40.2
52 Week High62.31
52 Week Low30.93
Performance
1 Week-5.59%
2 Weeks-9.89%
1 Month-12.71%
3 Month14.52%
6 Month20.12%
12 Month-30.23%
2 Year14.62%
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)-0.79
RSI(14)38.87
LBB40.33
UBB50.11
41.56
-0.53 (-1.26%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg-1.26%
1 Week-5.59%
2 Weeks-9.89%
1 Month-12.71%
3 Month14.52%
6 Month20.12%
12 Month-30.23%
2 Year14.62%
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.17
ATR(20)%4.96%
ATR Inc-19.6%
Range Today1.89
ADR(20)2
ADR(20)%4.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS31.32
Mansfield-0.84
10 Day High48.45
10 Day Low40.2
20 Day High49.97
20 Day Low40.2
52 Week High62.31
52 Week Low30.93
CS1 End41.55
CR1 Start46.75
Volume & EV
DER(3)-0.22%
DER(5)-0.09%
Volume2.37M
Volume Incr-12.21%
Vol(5)2.23M
Vol(50)2.73M