QUANEX BUILDING PRODUCTS (NX) Stock Technical Analysis
NYSE:NX - US7476191041 - Common Stock
18.18 USD
-2.73 (-13.06%)
18.33 USD
+0.15 (+0.83%)
Overall NX gets a technical rating of 2 out of 10. NX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
91% of all other stocks performed better in the past year than NX.
NX is part of the Building Products industry. There are 41 other stocks in this industry, of which 77% are performing better than NX.
NX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NX has a been trading in the 16.42 - 22.81 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
The technical rating of NX is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
18.00
23.32
3 important resistance areas can be observed.
- A resistance zone ranging from 18.19 to 18.22. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @22.03 from a trend line in the daily 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 | NEUTRAL | NEUTRAL | The long term trend for NX is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NX is neutral. |
| ChartMill Relative Strength | 9.49 | NEGATIVE | NX has a low relative strength, it was outperformed by 90.51% 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) | 36.13 | NEUTRAL | The RSI value for NX is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.33 | NEGATIVE | The MACD value suggests NX has a negative trend. |
| Stochastics (14,3) | 21.04 | NEUTRAL | The Stochastics value for NX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.63 | HIGH VOLATILITY | The high ATR as a percentage value for NX suggests high volalility. |
| Average Directional Index/ADX (14) | 20.21 | NEUTRAL | The ADX value for NX suggests a possible start of a new 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)
18.18
-2.73 (-13.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-13.06%
1 Week-14.93%
2 Weeks-12.72%
1 Month-7.67%
3 Month-3.81%
6 Month-10.09%
12 Month-39.98%
2 Year-35.46%
3 Year0.11%
5 Year-1.41%
10 Year0.06%
15 Year5.27%
Volatility
ATR(14)1.05
ATR(20)%5.63%
ATR Inc263.76%
Range Today2.29
ADR(20)0.83
ADR(20)%4.57%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.49
Mansfield-2.59
10 Day High22.81
10 Day Low16.42
20 Day High22.81
20 Day Low16.42
52 Week High32.23
52 Week Low15.3
CS1 EndN/A
CR1 Start18.19
Volume & EV
DER(3)-1.69%
DER(5)-2.01%
Volume1.97M
Volume Incr105.15%
Vol(5)772.66K
Vol(50)434.67K