QUANEX BUILDING PRODUCTS (NX) Stock Technical Analysis
USA - NYSE:NX - US7476191041 - Common Stock
We assign a technical rating of 0 out of 10 to NX. NX's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of NX is bad and it also does not present a quality setup 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
13.05
4 important resistance areas can be observed.
- A resistance zone ranging from 13.19 to 13.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 13.77 to 13.77. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @19.85 from a trend line in the weekly time frame.
- Resistance @23.09 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 | DOWN | NEGATIVE | The long term trend for NX is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NX is down. |
| ChartMill Relative Strength | 4.08 | NEGATIVE | NX has a low relative strength, it was outperformed by 95.92% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NX is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NX is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NX is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.71 | NEUTRAL | The RSI value for NX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.82 | OVERSOLD | The low Stochastics value suggests NX may be oversold. |
| Average True Range in percent/ATR (20) | 4.19 | MEDIUM VOLATILITY | The ATR as a percentage value for NX suggests some volalility. |
| Average Directional Index/ADX (14) | 20.17 | NEUTRAL | The ADX value for NX suggests a possible start of a new trend. |
13.18
+0.12 (+0.92%)
QUANEX BUILDING PRODUCTS / NX FAQ
Can you provide the ChartMill technical rating for QUANEX BUILDING PRODUCTS?
ChartMill assigns a technical rating of 0 / 10 to NX.
What is the trend direction for NX stock?
The current trend direction for QUANEX BUILDING PRODUCTS (NX) is Bearish.
Can you provide the RSI signal for QUANEX BUILDING PRODUCTS?
QUANEX BUILDING PRODUCTS (NX) has an RSI value of 34.7079. This indicates that the stock is currently neutral.
What is the MACD signal for NX stock?
The MACD indicator for QUANEX BUILDING PRODUCTS (NX) has a value of -0.119657, indicating a bearish trend.
What is the short term momentum for QUANEX BUILDING PRODUCTS (NX) stock?
The short term momentum for QUANEX BUILDING PRODUCTS (NX) is negative.