NEXPOINT REAL ESTATE FINANCE (NREF) Stock Technical Analysis
USA - NYSE:NREF - US65342V1017 - REIT
14.49 USD
+0.3 (+2.11%)
14.49 USD
0 (0%)
Taking everything into account, NREF scores 1 out of 10 in our technical rating. NREF scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
When comparing the yearly performance of all stocks, NREF is a bad performer in the overall market: 63% of all stocks are doing better.
In the last month NREF has a been trading in the 13.91 - 15.60 range, which is quite wide. It is currently trading near the lows of this range.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NREF is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 67% of 62 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.
Volume is considerably higher in the last couple of days.
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
12.94
16.23
When analyzing the support we can see 3 important areas.
- A support zone ranging from 14.01 to 14.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @13.64 from a horizontal line in the daily time frame.
- Support @13.07 from a horizontal line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 14.53 to 14.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 15.34 to 15.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @16.07 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 | NEUTRAL | NEUTRAL | The long term trend for NREF is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NREF is down. |
| ChartMill Relative Strength | 37.32 | NEUTRAL | NREF is not amongst the best or worst performers 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 | MIXED | The current price of NREF is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NREF is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.48 | NEUTRAL | The RSI value for NREF is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NREF has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.09 | OVERSOLD | The low Stochastics value suggests NREF may be oversold. |
| Average True Range in percent/ATR (20) | 2.71 | MEDIUM VOLATILITY | The ATR as a percentage value for NREF suggests some volalility. |
| Average Directional Index/ADX (14) | 28.06 | POSITIVE | The high ADX value value for NREF 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)
14.49
+0.3 (+2.11%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg2.11%
1 Week-5.48%
2 Weeks-5.85%
1 Month-2.56%
3 Month8.22%
6 Month-8.46%
12 Month-6.64%
2 Year-11.43%
3 Year-3.27%
5 Year-1.29%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.71%
ATR Inc5.32%
Range Today0.52
ADR(20)0.36
ADR(20)%2.5%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS37.32
Mansfield-1.43
10 Day High15.57
10 Day Low13.91
20 Day High15.6
20 Day Low13.91
52 Week High18.09
52 Week Low12.14
CS1 End14.14
CR1 Start14.53
Volume & EV
DER(3)-2.61%
DER(5)-5.53%
Volume272.96K
Volume Incr140.93%
Vol(5)94.41K
Vol(50)45.40K