USA - New York Stock Exchange - NYSE:NEXA - LU1701428291 - Common Stock
Taking everything into account, NEXA scores 9 out of 10 in our technical rating. 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.
Although NEXA has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
4.61
We found 3 important support areas.
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 | 89.23 | POSITIVE | NEXA has a high relative strength, it outperformed 89.23% 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) | 78.92 | OVERBOUGHT | The high RSI value suggests NEXA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NEXA has a positive trend. |
| Stochastics (14,3) | 89.66 | OVERBOUGHT | The high Stochastics value suggests NEXA may be overbought. |
| Average True Range in percent/ATR (20) | 4.53 | MEDIUM VOLATILITY | The ATR as a percentage value for NEXA suggests some volalility. |
| Average Directional Index/ADX (14) | 58 | POSITIVE | The high ADX value value for NEXA suggests a strong trend. |
8.19
+0.44 (+5.68%)
ChartMill assigns a technical rating of 9 / 10 to NEXA.
The current trend direction for NEXA RESOURCES SA (NEXA) is Bullish.
NEXA RESOURCES SA (NEXA) has an RSI value of 78.9246. This indicates that the stock is currently overbought.
The short term momentum for NEXA RESOURCES SA (NEXA) is positive.
The buy/sell signal for NEXA RESOURCES SA (NEXA) is buy as both the short term and long term trends are positive.