RA DELETIONS ETF (NIXT) Stock Technical Analysis
NASDAQ:NIXT - Nasdaq - US02072L2271 - ETF - Currency: USD
Taking everything into account, NIXT scores 4 out of 10 in our technical rating. NIXT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
NIXT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is a support zone below the current price at 23.23, a Stop Loss order could be placed below this zone. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
22.99
We found 1 important support area.
- A support zone ranging from 23.22 to 23.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 23.43 to 24.15. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @24.65 from a trend line in the daily time frame.
- Resistance @26.35 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 | UP | POSITIVE | The long term trend for NIXT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NIXT is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NIXT has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NIXT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NIXT is above a declining SMA(50). |
| Relative Strength Index/RSI (14) | 52.77 | NEUTRAL | The RSI value for NIXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NIXT has a negative trend. |
| Stochastics (14,3) | 50.64 | NEUTRAL | The Stochastics value for NIXT is a neutral value. |
| Average True Range in percent/ATR (20) | 1.56 | LOW VOLATILITY | The low ATR as a percentage value for NIXT suggests low volalility. |
| Average Directional Index/ADX (14) | 12.97 | NEGATIVE | The low ADX value for NIXT suggests a weak or negative trend. |
NASDAQ:NIXT (5/30/2025, 8:20:26 PM)
23.41
-0.24 (-1.01%)