QUANEX BUILDING PRODUCTS (NX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NX - US7476191041 - Common Stock
Taking everything into account, NX scores 5 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. NX was also a bad performer in the overall market in the last year.
NX has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
16.35
We found 1 important resistance area.
- Resistance @18.97 from a trend line in the weekly 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 | UP | POSITIVE | The short term trend for NX is up. |
| ChartMill Relative Strength | 19.24 | NEGATIVE | NX has a low relative strength, it was outperformed by 80.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NX is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NX is above 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) | 77.19 | OVERBOUGHT | The high RSI value suggests NX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.41 | POSITIVE | The MACD value suggests NX has a positive trend. |
| Stochastics (14,3) | 83.05 | OVERBOUGHT | The high Stochastics value suggests NX may be overbought. |
| Average True Range in percent/ATR (20) | 5.26 | HIGH VOLATILITY | The high ATR as a percentage value for NX suggests high volalility. |
| Average Directional Index/ADX (14) | 24.96 | NEUTRAL | The ADX value for NX suggests a possible start of a new trend. |
16.52
+1.44 (+9.55%)
QUANEX BUILDING PRODUCTS / NX FAQ
Can you provide the ChartMill technical rating for QUANEX BUILDING PRODUCTS?
ChartMill assigns a technical rating of 5 / 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 77.194. This indicates that the stock is currently overbought.
What is the MACD signal for NX stock?
The MACD indicator for QUANEX BUILDING PRODUCTS (NX) has a value of 0.413017, 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 positive.