NEXPOINT REAL ESTATE FINANCE (NREF) Technical Analysis
NYSE:NREF • US65342V1017
Taking everything into account, NREF scores 3 out of 10 in our technical rating. In the last year, NREF was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- When comparing the yearly performance of all stocks, NREF is a bad performer in the overall market: 74% of all stocks are doing better.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- NREF is part of the Mortgage Real Estate Investment Trusts (REITs)" industry. There are 68 other stocks in this industry, NREF did better than 50% of them.
- NREF is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NREF is lagging the market slightly.
- In the last month NREF has a been trading in a tight range between 14.36 and 15.21.
Although the technical rating is bad, NREF does present a nice setup opportunity. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 14.66. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 13.95, a Stop Loss order could be placed below this zone.
More info and screens
12.58
5 important support areas can be observed.
- Support @13.95 from a horizontal line in the daily time frame.
- Support @13.65 from a horizontal line in the daily time frame.
- A support zone ranging from 13.39 to 13.39. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.07 from a horizontal line in the weekly time frame.
- A support zone ranging from 12.71 to 12.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 14.66 to 15.40. 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 | NEUTRAL | NEUTRAL | The long term trend for NREF is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NREF is neutral. |
| ChartMill Relative Strength | 26.16 | NEGATIVE | NREF has a low relative strength, it was outperformed by 73.84% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NREF is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NREF is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NREF is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.84 | NEUTRAL | The RSI value for NREF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NREF has a negative trend. |
| Stochastics (14,3) | 48.65 | NEUTRAL | The Stochastics value for NREF is a neutral value. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for NREF suggests some volalility. |
| Average Directional Index/ADX (14) | 9.18 | NEGATIVE | The low ADX value for NREF suggests a weak or negative trend. |
NREF Technicals: Chart, Performance Metrics, Trend & Indicators
14.64
-0.13 (-0.88%)
NEXPOINT REAL ESTATE FINANCE / NREF FAQ
What is the technical rating for NREF stock?
ChartMill assigns a technical rating of 3 / 10 to NREF.
What is the current trend direction of NEXPOINT REAL ESTATE FINANCE (NREF) stock?
The current trend direction for NEXPOINT REAL ESTATE FINANCE (NREF) is Bearish.
What is the RSI signal for NREF stock?
NEXPOINT REAL ESTATE FINANCE (NREF) has an RSI value of 48.8439. This indicates that the stock is currently neutral.
Can you provide the support and resistance levels for NEXPOINT REAL ESTATE FINANCE?
NEXPOINT REAL ESTATE FINANCE (NREF) has a support level at 13.95 and a resistance level at 14.66. Check the full technical report for our detailed analysis of NREF support and resistance levels.