QUANEX BUILDING PRODUCTS (NX)
US7476191041 - Common Stock
Taking everything into account, NX scores 8 out of 10 in our technical rating. In the last year, NX was one of the better performers, but we do observe some doubts in the very recent evolution.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
Looking at the yearly performance, NX did better than 91% of all other stocks. On top of that, NX also shows a nice and consistent pattern of rising prices.
NX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NX is lagging the market slightly.
In the last month NX has a been trading in the 32.62 - 36.30 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
NX is an average performer in the Building Products industry, it outperforms 66% of 43 stocks in the same industry.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NX also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 34.41, a Stop Loss order could be placed below this zone.
More info and screens
20.58
39.19
We found 4 important support areas.
- A support zone ranging from 33.08 to 34.41. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @31.56 from a trend line in the daily time frame.
- Support @30.00 from a horizontal line in the daily time frame.
- Support @20.79 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 38.44 to 38.80. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.24
Mansfield0.35
10 Day High35.92
10 Day Low32.68
20 Day High36.3
20 Day Low32.62
52 Week High39.31
52 Week Low19.87
Performance
1 Week-0.09%
2 Weeks2.78%
1 Month-3.12%
3 Month4.79%
6 Month20.49%
12 Month73.58%
2 Year70.85%
3 Year30.49%
5 Year124.05%
10 Year95.22%
15 Year214.76%
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)
Technical Indicators
MACD(12,26,9)0.14
RSI(14)48.77
LBB32.94
UBB35.51
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 35.93 | 33.07 | 2.86 (7.96%) | 12.56% |
| An entry @35.93. This is a Buy Stop order right above the 10 day high. | An exit @33.07. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.86 points, which is 7.96%. | For a 1.00% total portfolio risk, you can invest 12.56% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
QUANEX BUILDING PRODUCTS
NYSE:NX (5/13/2024, 2:55:35 PM)
34.545
-0.2 (-0.59%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryBuilding Products
Performance
% Chg-0.59%
1 Week-0.09%
2 Weeks2.78%
1 Month-3.12%
3 Month4.79%
6 Month20.49%
12 Month73.58%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.95
ATR(20)%2.88%
ATR Inc
Range Today0.67
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High35.92
10 Day Low32.68
20 Day High36.3
20 Day Low32.62
52 Week High39.31
52 Week Low19.87
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume62.29K
Volume Incr-37.06%
Vol(5)130.42K
Vol(50)201.37K