NEXPOINT REAL ESTATE FINANCE (NREF) Stock Technical Analysis
NYSE:NREF - New York Stock Exchange, Inc. - US65342V1017 - REIT - Currency: USD
Taking everything into account, NREF scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. NREF was also a bad performer in the overall market in the last year.
When comparing the yearly performance of all stocks, NREF is a bad performer in the overall market: 61% of all stocks are doing better.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NREF is an average performer in the Mortgage Real Estate Investment Trusts (REITs)" industry, it outperforms 60% of 65 stocks in the same industry.
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 the 14.06 - 15.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NREF has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. A pullback is taking place, which may present a nice opportunity for an entry. We notice that large players showed an interest for NREF in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
12.58
16.74
We found 2 important support areas.
- 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.
3 important resistance areas can be observed.
- A resistance zone ranging from 14.79 to 15.36. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @15.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 16.45 to 16.57. This zone is formed by a combination of multiple trend lines 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 | UP | POSITIVE | The short term trend for NREF is up. |
| ChartMill Relative Strength | 39.29 | NEUTRAL | NREF is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NREF is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NREF is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NREF is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51.4 | 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) | 51.18 | NEUTRAL | The Stochastics value for NREF is a neutral value. |
| 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) | 15.87 | NEGATIVE | The low ADX value for NREF suggests a weak or negative 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)
14.77
-0.07 (-0.47%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryMortgage Real Estate Investment Trusts (REITs)"
Performance
% Chg-0.47%
1 Week-1.01%
2 Weeks-2.06%
1 Month3.29%
3 Month-10.21%
6 Month-16.88%
12 Month3.87%
2 Year11.14%
3 Year-39.54%
5 Year-9.55%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.41
ATR(20)%2.71%
ATR Inc-38.32%
Range Today0.25
ADR(20)0.4
ADR(20)%2.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.29
Mansfield-0.59
10 Day High15.4
10 Day Low14.63
20 Day High15.4
20 Day Low14.07
52 Week High18.09
52 Week Low12.14
CS1 End13.07
CR1 Start14.79
Volume & EV
DER(3)2.34%
DER(5)3.35%
Volume18.90K
Volume Incr-43.01%
Vol(5)24.44K
Vol(50)45.30K