QUANEX BUILDING PRODUCTS (NX) Technical Analysis
NYSE:NX • US7476191041
Current stock price
NX Technical Rating and Analysis
Overall NX gets a technical rating of 2 out of 10. In the last year, NX was among the worst performers in the market. Also the short term picture is negative, the medium term is unclear at the moment.
- 73% of all other stocks performed better in the past year than NX.
- In the last month NX has a been trading in the 16.35 - 22.98 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!
- NX is an average performer in the Building Products industry, it outperforms 56% of 42 stocks in the same industry.
- NX 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 NX is lagging the market slightly.
NX Weekly and Daily overview Charts
NX Setup Rating and Analysis
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
NX Support and Resistance Analysis
16.68
When analyzing the support we notice one important area.
- A support zone ranging from 16.85 to 16.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 22.10 to 22.47. This zone is formed by a combination of multiple trend lines in multiple time frames.
NX Technical Indicator Signal Analysis
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 NX is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NX is down. |
| ChartMill Relative Strength | 27.66 | NEGATIVE | NX has a low relative strength, it was outperformed by 72.34% 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) | UP | MIXED | The current price of NX is below the rising 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) | 29.26 | OVERSOLD | The low RSI value suggests NX may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests NX has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.32 | OVERSOLD | The low Stochastics value suggests NX may be oversold. |
| Average True Range in percent/ATR (20) | 5.68 | HIGH VOLATILITY | The high ATR as a percentage value for NX suggests high volalility. |
| Average Directional Index/ADX (14) | 34.43 | POSITIVE | The high ADX value value for NX suggests a strong trend. |
NX Chart- and CandleStick Pattern Analysis
NX Technicals: Chart, Performance Metrics, Trend & Indicators
16.86
-0.19 (-1.11%)
QUANEX BUILDING PRODUCTS / NX TA FAQ
Can you provide the ChartMill technical rating for QUANEX BUILDING PRODUCTS?
ChartMill assigns a technical rating of 2 / 10 to NX.
Can you provide the trend direction for QUANEX BUILDING PRODUCTS?
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 29.2609. This indicates that the stock is currently oversold.
Can you provide the MACD signal for QUANEX BUILDING PRODUCTS?
The MACD indicator for QUANEX BUILDING PRODUCTS (NX) has a value of -0.520877, indicating a bearish trend.
Can you provide the short term momentum for QUANEX BUILDING PRODUCTS?
The short term momentum for QUANEX BUILDING PRODUCTS (NX) is negative.