NYSE:NEX - New York Stock Exchange, Inc. - US65290C1053 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to NEX. 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.
Although the technical rating is only medium, NEX does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. There is a support zone below the current price at 10.54, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NEX in the last couple of days, which is a good sign. Another positive sign is the recent Pocket Pivot signal.
7.59
3 important support areas can be observed.
2 important resistance areas can be observed.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
Indicator | Value | Signal | Comment |
---|---|---|---|
ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for NEX is up. |
ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEX is down. |
ChartMill Relative Strength | 89.89 | POSITIVE | NEX has a high relative strength, it outperformed 89.89% off all stocks on the market. |
Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEX is below a declining SMA(20). |
Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEX is below the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEX is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 43.89 | NEUTRAL | The RSI value for NEX is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.1 | NEGATIVE | The MACD value suggests NEX has a negative trend, although the MACD value is rising. |
Stochastics (14,3) | 16.31 | OVERSOLD | The low Stochastics value suggests NEX may be oversold. |
Average True Range in percent/ATR (20) | 3.58 | MEDIUM VOLATILITY | The ATR as a percentage value for NEX suggests some volalility. |
Average Directional Index/ADX (14) | 19.86 | NEGATIVE | The low ADX value for NEX suggests a weak or negative trend. |
10.61
+0.1 (+0.95%)