NEXA RESOURCES SA (NEXA) Technical Analysis
NYSE:NEXA • LU1701428291
Current stock price
NEXA Technical Rating and Analysis
We assign a technical rating of 10 out of 10 to NEXA. Both in the recent history as in the last year, NEXA has proven to be a steady performer, scoring decent points in every aspect analyzed.
- Both the short term and long term trends are positive. This is a very positive sign.
- Looking at the yearly performance, NEXA did better than 95% of all other stocks.
- NEXA is one of the better performing stocks in the Metals & Mining industry, it outperforms 87% of 163 stocks in the same industry.
- NEXA is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEXA is lagging the market slightly.
- In the last month NEXA has a been trading in the 10.59 - 16.75 range, which is quite wide. It is currently trading near the high of this range.
- NEXA has an average volume of 1104430 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NEXA Weekly and Daily overview Charts
NEXA Setup Rating and Analysis
Although NEXA has an excellent technical rating, the quality of the presented setup is not ideal 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
NEXA Support and Resistance Analysis
9.91
When analyzing the support we can see 4 important areas.
- A support zone ranging from 14.42 to 14.61. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @14.04 from a horizontal line in the daily time frame.
- Support @10.46 from a trend line in the daily time frame.
- Support @10.01 from a trend line in the weekly time frame.
NEXA Technical Indicator Signal Analysis
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 NEXA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEXA is up. |
| ChartMill Relative Strength | 95.67 | POSITIVE | NEXA has a high relative strength, it outperformed 95.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEXA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEXA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEXA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 67.58 | NEUTRAL | The RSI value for NEXA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NEXA has a positive trend. |
| Stochastics (14,3) | 64.62 | NEUTRAL | The Stochastics value for NEXA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.4 | HIGH VOLATILITY | The high ATR as a percentage value for NEXA suggests high volalility. |
| Average Directional Index/ADX (14) | 30.31 | POSITIVE | The high ADX value value for NEXA suggests a strong trend. |
NEXA Chart- and CandleStick Pattern Analysis
NEXA Technicals: Chart, Performance Metrics, Trend & Indicators
15.5
+0.39 (+2.58%)
NEXA RESOURCES SA / NEXA TA FAQ
What is the ChartMill technical rating of NEXA RESOURCES SA (NEXA) stock?
ChartMill assigns a technical rating of 10 / 10 to NEXA.
What is the trend direction for NEXA stock?
The current trend direction for NEXA RESOURCES SA (NEXA) is Bullish.
Can you provide the RSI signal for NEXA RESOURCES SA?
NEXA RESOURCES SA (NEXA) has an RSI value of 67.579. This indicates that the stock is currently neutral.
What is the MACD signal for NEXA RESOURCES SA (NEXA) stock?
The MACD indicator for NEXA RESOURCES SA (NEXA) has a value of 0.0315635, indicating a bearish trend.
What is the buy/sell signal for NEXA RESOURCES SA (NEXA) stock?
The buy/sell signal for NEXA RESOURCES SA (NEXA) is buy as both the short term and long term trends are positive.