NEXPOINT DIVERSIFIED REAL ES (NXDT) Stock Technical Analysis
NYSE:NXDT - New York Stock Exchange, Inc. - US65340G2057 - REIT - Currency: USD
Overall NXDT gets a technical rating of 6 out of 10. NXDT has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
75% of all other stocks performed better in the past year than NXDT.
The long and short term trends are both positive. This is looking good!
NXDT is part of the Diversified REITs industry. There are 130 other stocks in this industry, NXDT did better than 43% of them.
NXDT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXDT is lagging the market.
In the last month NXDT has a been trading in the 3.84 - 4.99 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.
NXDT has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 4.96. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NXDT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.42
6.22
When analyzing the support we can see 2 important areas.
- A support zone ranging from 4.55 to 4.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.45 from a horizontal line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 4.96 to 4.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.16 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 | UP | POSITIVE | The long term trend for NXDT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXDT is up. |
| ChartMill Relative Strength | 25.45 | NEGATIVE | NXDT has a low relative strength, it was outperformed by 74.55% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXDT is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXDT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXDT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.95 | NEUTRAL | The RSI value for NXDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NXDT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.97 | NEUTRAL | The Stochastics value for NXDT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.49 | HIGH VOLATILITY | The high ATR as a percentage value for NXDT suggests high volalility. |
| Average Directional Index/ADX (14) | 38.59 | POSITIVE | The high ADX value value for NXDT suggests a strong 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)
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 |
|---|---|---|---|
| 4.97 | 4.54 | 0.43 (8.65%) | 11.56% |
| An entry @4.97. This is a Buy Stop order right above the resistance zone. | An exit @4.54. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.43 points, which is 8.65%. | For a 1.00% total portfolio risk, you can invest 11.56% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NXDT. Please evaluate whether better entry and exit points can be found.
- 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.
4.56
-0.19 (-4%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-4%
1 Week-5%
2 Weeks8.83%
1 Month19.37%
3 Month21.6%
6 Month-17.54%
12 Month-26.69%
2 Year-60.99%
3 Year-70.83%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.3
ATR(20)%5.49%
ATR Inc-4.25%
Range Today0.17
ADR(20)0.24
ADR(20)%5.36%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS25.45
Mansfield-1.62
10 Day High4.99
10 Day Low4.1
20 Day High4.99
20 Day Low3.84
52 Week High7.6
52 Week Low3.12
CS1 End4.55
CR1 Start4.96
Volume & EV
DER(3)2.36%
DER(5)3.8%
Volume77.70K
Volume Incr63.7%
Vol(5)227.62K
Vol(50)163.26K