NEXPOINT DIVERSIFIED REAL ES (NXDT) Stock Technical Analysis
NYSE:NXDT - New York Stock Exchange, Inc. - US65340G2057 - REIT - Currency: USD
We assign a technical rating of 5 out of 10 to NXDT. In the past year, NXDT was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NXDT is a bad performer in the overall market: 72% of all stocks are doing better.
NXDT is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
In the last month NXDT has a been trading in the 3.75 - 4.53 range, which is quite wide. It is currently trading near the high of this range.
NXDT is part of the Diversified REITs industry. There are 130 other stocks in this industry, NXDT did better than 41% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NXDT has an average technical rating and it also does not offer a high quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
3.42
6.32
3 important support areas can be observed.
- A support zone ranging from 3.97 to 4.01. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 3.81 to 3.81. 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.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.33 to 4.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @6.26 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 NXDT is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXDT is up. |
| ChartMill Relative Strength | 28.93 | NEGATIVE | NXDT has a low relative strength, it was outperformed by 71.07% 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) | 64.03 | NEUTRAL | The RSI value for NXDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NXDT has a positive trend. |
| Stochastics (14,3) | 76.13 | NEUTRAL | The Stochastics value for NXDT is a neutral value. |
| Average True Range in percent/ATR (20) | 4.58 | MEDIUM VOLATILITY | The ATR as a percentage value for NXDT suggests some volalility. |
| Average Directional Index/ADX (14) | 37.34 | 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)
4.32
-0.01 (-0.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryDiversified REITs
Performance
% Chg-0.23%
1 Week11.63%
2 Weeks7.73%
1 Month10.77%
3 Month14.59%
6 Month-32.18%
12 Month-21.88%
2 Year-65.5%
3 Year-73.8%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%4.58%
ATR Inc27.74%
Range Today0.23
ADR(20)0.19
ADR(20)%4.34%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.93
Mansfield-2.13
10 Day High4.53
10 Day Low3.8
20 Day High4.53
20 Day Low3.75
52 Week High7.6
52 Week Low3.12
CS1 End4.01
CR1 Start4.33
Volume & EV
DER(3)14.5%
DER(5)15.02%
Volume390.20K
Volume Incr25.42%
Vol(5)174.86K
Vol(50)152.16K