Technical Analysis of NEXPOINT DIVERSIFIED REAL ES(NYSE:NXDT) stock

Technical Rating

Taking everything into account, NXDT scores 4 out of 10 in our technical rating. In the past year, NXDT was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.

When comparing the performance of all stocks over the past year, NXDT turns out to be only a medium performer in the overall market: it outperformed 60% of all stocks.

NXDT is an average performer in the Equity Real Estate Investment Trusts (REITs) industry, it outperforms 65% of 217 stocks in the same industry.

NXDT is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.

In the last month NXDT has a been trading in the 12.29 - 14.42 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.

Volume is considerably higher in the last couple of days.

Statistics

1 Month

3 Months

6 Months

12 Months

9.62%

-10.01%

-9.55%

4.94%

SMA(20)

SMA(50)

SMA(100)

SMA(200)

52 Wk Range

ST Trend

LT Trend

60.65

11.065 - 17.93

Support/Resistance Analysis

12.18

15.66

When analyzing the support we can see 3 important areas.

A support zone ranging from 13.73 to 14.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 12.90 to 12.93. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @12.30 from a horizontal line in the daily time frame.

2 important resistance areas can be observed.

A resistance zone ranging from 14.06 to 14.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Resistance @15.50 from a horizontal line in the daily time frame.

Setup Analysis

Setup Rating

Although the technical rating is only medium, NXDT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 14.06. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 14.01, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.

A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.

NEXPOINT DIVERSIFIED REAL ES14.02

NYSE:NXDT (11/30/2022, 7:04:01 PM)+0.31 (+2.26%)

After market: 14.02 0 (0%)

Chartmill TA Rating

Chartmill Setup Rating

Sector

GICS Sector	Real Estate
GICS Industry	Equity Real Estate Investment Trusts (REITs)

Performance

Today	2.26%	1 Week	3.85%
2 Weeks	-1.54%	1 Month	9.62%
3 Month	-10.01%	6 Month	-9.55%

Volatility

ATR(14)	0.61	ATR(20)%	3.99%
ATR Inc	-9.69%	Range Today	0.73

Trend & SMA

ST Trend		LT Trend
SMA(5)		SMA(10)
SMA(20)		SMA(50)
SMA(100)		SMA(200)

Relative Strength & Ranges

CRS	60.65	Mansfield	-0.36
10 Day High	14.42	10 Day Low	13.07
20 Day High	14.42	20 Day Low	12.29
52 Week High	17.93	52 Week Low	11.07
CS1 End	14.01	CR1 Start	14.06

Volume & EV

DER(3)	-6.22%	DER(5)	-2.81%
Volume	2.04M	Volume Incr	249.12%
Vol(5)	552.82K	Vol(50)	209.86K

NEXPOINT DIVERSIFIED REAL ES (NXDT) 14.02 +0.31 (+2.26%)

14.02 +0.31 (+2.26%)

Technical Rating

Statistics

Support/Resistance Analysis

Setup Analysis

Setup Rating

NEXPOINT DIVERSIFIED REAL ES14.02

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