NEXTDECADE CORP (NEXT) Stock Technical Analysis
NASDAQ:NEXT - Nasdaq - US65342K1051 - Common Stock - Currency: USD
Overall NEXT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEXT is showing a nice and steady performance.
The long and short term trends are both positive. This is looking good!
NEXT is one of the better performing stocks in the Oil, Gas & Consumable Fuels industry, it outperforms 89% of 208 stocks in the same industry.
NEXT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NEXT has a been trading in the 8.57 - 12.12 range, which is quite wide. It is currently trading near the high of this range.
NEXT has an average volume of 2577080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NEXT is one of the better performing stocks in the market, outperforming 90% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
Besides having an excellent technical rating, NEXT also presents a decent setup pattern. Prices have been consolidating lately. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price.
More info and screens
5.83
11.33
We found 4 important support areas.
- Support @11.08 from a horizontal line in the daily time frame.
- Support @9.46 from a trend line in the daily time frame.
- Support @6.24 from a trend line in the weekly time frame.
- Support @5.89 from a trend 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 | UP | POSITIVE | The long term trend for NEXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEXT is up. |
| ChartMill Relative Strength | 90.12 | POSITIVE | NEXT has a high relative strength, it outperformed 90.12% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEXT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 66.63 | NEUTRAL | The RSI value for NEXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.81 | NEUTRAL | The Stochastics value for NEXT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.49 | MEDIUM VOLATILITY | The ATR as a percentage value for NEXT suggests some volalility. |
| Average Directional Index/ADX (14) | 54.97 | POSITIVE | The high ADX value value for NEXT suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 11.45 | 11.07 | 0.38 (3.30%) | 25.00% |
| An entry @11.45. This is a Buy Stop order right above the 10 day moving average. | An exit @11.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.38 points, which is 3.30%. | For a 0.83% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NEXT. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NASDAQ:NEXT (7/29/2025, 12:59:46 PM)
11.22
-0.17 (-1.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.49%
1 Week-0.26%
2 Weeks1.52%
1 Month31.07%
3 Month48.89%
6 Month34.32%
12 Month37.23%
2 Year104.49%
3 Year61.1%
5 Year634.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.59
ATR(20)%4.49%
ATR Inc6.81%
Range Today0.36
ADR(20)0.5
ADR(20)%4.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS90.12
Mansfield4.23
10 Day High12.12
10 Day Low10.92
20 Day High12.12
20 Day Low8.57
52 Week High12.12
52 Week Low4.27
CS1 End11.08
CR1 StartN/A
Volume & EV
DER(3)-0.59%
DER(5)-0.4%
Volume735.80K
Volume Incr-41.54%
Vol(5)2.13M
Vol(50)2.58M