Taking everything into account, NEXT scores 0 out of 10 in our technical rating. NEXT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NEXT 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
5.21
We found 1 important support area.
- Support @5.26 from a horizontal line in the weekly time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 5.38 to 5.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 6.04 to 6.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEXT is down. |
| ChartMill Relative Strength | 11.7 | NEGATIVE | NEXT has a low relative strength, it was outperformed by 88.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 38.32 | NEUTRAL | The RSI value for NEXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 28.01 | NEUTRAL | The Stochastics value for NEXT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.82 | MEDIUM VOLATILITY | The ATR as a percentage value for NEXT suggests some volalility. |
| Average Directional Index/ADX (14) | 16.69 | NEGATIVE | The low ADX value for NEXT suggests a weak or negative trend. |
5.27
-0.14 (-2.59%)
NEXTDECADE CORP / NEXT FAQ
What is the ChartMill technical rating of NEXTDECADE CORP (NEXT) stock?
ChartMill assigns a technical rating of 0 / 10 to NEXT.
Can you provide the trend direction for NEXTDECADE CORP?
The current trend direction for NEXTDECADE CORP (NEXT) is Bearish.
What is the RSI signal for NEXTDECADE CORP (NEXT) stock?
NEXTDECADE CORP (NEXT) has an RSI value of 38.3228. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEXT stock?
The buy/sell signal for NEXTDECADE CORP (NEXT) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NEXT stock?
NEXTDECADE CORP (NEXT) has a support level at 5.26 and a resistance level at 5.38. Check the full technical report for our detailed analysis of NEXT support and resistance levels.