NEXT BIOMETRICS GROUP AS (NEXT.OL) Stock Technical Analysis
OSL:NEXT - Euronext Oslo - NO0010629108 - Common Stock - Currency: NOK
We assign a technical rating of 0 out of 10 to NEXT. NEXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, NEXT is a bad performer in the overall market: 95% of all stocks are doing better.
NEXT is one of the lesser performing stocks in the Electronic Equipment, Instruments & Components industry. 89% of 49 stocks in the same industry do better.
NEXT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NEXT has a been trading in the 4.30 - 5.26 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
Although the technical rating is bad, NEXT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 4.87. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.
More info and screens
4.41
7.39
When analyzing the support we notice one important area.
- A support zone ranging from 4.45 to 4.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
4 important resistance areas can be observed.
- A resistance zone ranging from 4.79 to 4.97. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 5.21 to 5.27. This zone is formed by a combination of multiple trend lines in the weekly time frame.
- Resistance @6.30 from a trend line in the daily time frame.
- Resistance @7.32 from a horizontal line in the daily time frame.
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 | DOWN | NEGATIVE | The long term trend for NEXT.OL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEXT.OL is neutral. |
| ChartMill Relative Strength | 5.99 | NEGATIVE | NEXT.OL has a low relative strength, it was outperformed by 94.01% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEXT.OL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEXT.OL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEXT.OL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.62 | NEUTRAL | The RSI value for NEXT.OL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NEXT.OL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.01 | NEUTRAL | The Stochastics value for NEXT.OL is a neutral value. |
| Average True Range in percent/ATR (20) | 5.39 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT.OL suggests high volalility. |
| Average Directional Index/ADX (14) | 12.9 | NEGATIVE | The low ADX value for NEXT.OL suggests a weak or negative trend. |
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)
OSL:NEXT (7/1/2025, 11:21:50 AM)
4.61
-0.05 (-1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustryElectronic Equipment, Instruments & Components
Performance
% Chg-1.07%
1 Week-1.27%
2 Weeks3.56%
1 Month-10.38%
3 Month-10.04%
6 Month-32.85%
12 Month-42.61%
2 Year-16.49%
3 Year16.5%
5 Year133.47%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%5.39%
ATR Inc-32.12%
Range Today0.04
ADR(20)0.24
ADR(20)%5.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS5.99
Mansfield-3.31
10 Day High4.88
10 Day Low4.3
20 Day High5.26
20 Day Low4.3
52 Week High8.5
52 Week Low4.3
CS1 End4.46
CR1 Start4.87
Volume & EV
DER(3)-0.55%
DER(5)-1.06%
Volume8.76K
Volume Incr6.27%
Vol(5)122.30K
Vol(50)106.48K