QUANEX BUILDING PRODUCTS (NX) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NX - US7476191041 - Common Stock
We assign a technical rating of 6 out of 10 to NX. NX has been an average performer in the overall market. Recently some decent action could be observed, but in the medium term time frame this is still negative.
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
14.98
We found 1 important support area.
- A support zone ranging from 15.13 to 15.32. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
When analyzing the resistance we notice one important area.
- Resistance @18.10 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 | 50.71 | NEUTRAL | NX is not amongst the best or worst performers 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 | MIXED | The current price of NX is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 71.92 | OVERBOUGHT | The high RSI value suggests NX may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.1 | POSITIVE | The MACD value suggests NX has a positive trend. |
| Stochastics (14,3) | 75.09 | NEUTRAL | The Stochastics value for NX is a neutral value. |
| Average True Range in percent/ATR (20) | 5.41 | HIGH VOLATILITY | The high ATR as a percentage value for NX suggests high volalility. |
| Average Directional Index/ADX (14) | 32.33 | POSITIVE | The high ADX value value for NX suggests a strong trend. |
17.53
+1.02 (+6.18%)
QUANEX BUILDING PRODUCTS / NX FAQ
Can you provide the ChartMill technical rating for QUANEX BUILDING PRODUCTS?
ChartMill assigns a technical rating of 6 / 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 71.9193. This indicates that the stock is currently overbought.
Can you provide the MACD signal for QUANEX BUILDING PRODUCTS?
The MACD indicator for QUANEX BUILDING PRODUCTS (NX) has a value of 0.100606, 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 positive.