Overall NEXT gets a technical rating of 0 out of 10. 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.
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5.36
When analyzing the support we notice one important area.
- A support zone ranging from 5.41 to 5.45. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
3 important resistance areas can be observed.
- Resistance @5.49 from a horizontal line in the daily time frame.
- A resistance zone ranging from 5.73 to 5.76. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 6.16 to 6.22. 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 | 14.59 | NEGATIVE | NEXT has a low relative strength, it was outperformed by 85.41% 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) | 42.73 | NEUTRAL | The RSI value for NEXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NEXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NEXT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.13 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT suggests high volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for NEXT suggests a weak or negative trend. |
5.46
0 (0%)
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.
What is the trend direction for NEXT stock?
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 42.7326. This indicates that the stock is currently neutral.
What is the short term momentum for NEXTDECADE CORP (NEXT) stock?
The short term momentum for NEXTDECADE CORP (NEXT) is negative.
Can you provide the support and resistance levels for NEXTDECADE CORP?
NEXTDECADE CORP (NEXT) has a support level at 5.45 and a resistance level at 5.49. Check the full technical report for our detailed analysis of NEXT support and resistance levels.