NEXPOINT REAL ESTATE FINANCE (NREF) Stock Technical Analysis
NYSE:NREF • US65342V1017
We assign a technical rating of 2 out of 10 to NREF. 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: 75% of all stocks are doing better.
- The long and short term trends are both neutral. This gives a pretty neutral overall picture!
- NREF is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 50% of 69 stocks in the same industry.
- NREF is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NREF is lagging the market.
- In the last month NREF has a been trading in the 14.32 - 15.21 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NREF has a poor technical rating and the quality of the setup is also not perfect 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
12.58
4 important support areas can be observed.
- Support @13.95 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 14.54 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 | 25.57 | NEGATIVE | NREF has a low relative strength, it was outperformed by 74.43% 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) | DOWN | NEGATIVE | The current price of NREF is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NREF is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 44.65 | NEUTRAL | The RSI value for NREF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.05 | NEGATIVE | The MACD value suggests NREF has a negative trend. |
| Stochastics (14,3) | 18.55 | OVERSOLD | The low Stochastics value suggests NREF may be oversold. |
| Average True Range in percent/ATR (20) | 2.31 | MEDIUM VOLATILITY | The ATR as a percentage value for NREF suggests some volalility. |
| Average Directional Index/ADX (14) | 11.13 | NEGATIVE | The low ADX value for NREF suggests a weak or negative trend. |
14.44
-0.42 (-2.83%)
NEXPOINT REAL ESTATE FINANCE / NREF FAQ
What is the technical rating for NREF stock?
ChartMill assigns a technical rating of 2 / 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 44.652. 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 14.54. Check the full technical report for our detailed analysis of NREF support and resistance levels.