NEXPOINT DIVERSIFIED REAL ES (NXDT) Technical Analysis
NYSE:NXDT • US65340G2057
We assign a technical rating of 7 out of 10 to NXDT. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
- NXDT is one of the better performing stocks in the Diversified REITs industry, it outperforms 95% of 123 stocks in the same industry.
- NXDT 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 NXDT is lagging the market slightly.
- Looking at the yearly performance, NXDT did better than 84% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
- In the last month NXDT has a been trading in the 4.35 - 5.14 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NXDT also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 4.46, a Stop Loss order could be placed below this zone.
More info and screens
4.40
We found 1 important support area.
- A support zone ranging from 4.44 to 4.46. 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 3 important areas.
- A resistance zone ranging from 4.69 to 4.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @4.80 from a horizontal line in the weekly time frame.
- A resistance zone ranging from 4.91 to 4.97. This zone is formed by a combination of multiple trend lines in the daily 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 | NEUTRAL | NEUTRAL | The short term trend for NXDT is neutral. |
| ChartMill Relative Strength | 84.31 | POSITIVE | NXDT has a high relative strength, it outperformed 84.31% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXDT is below a declining 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) | UP | POSITIVE | The current price of NXDT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 51 | NEUTRAL | The RSI value for NXDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NXDT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 55.56 | NEUTRAL | The Stochastics value for NXDT is a neutral value. |
| Average True Range in percent/ATR (20) | 5.8 | HIGH VOLATILITY | The high ATR as a percentage value for NXDT suggests high volalility. |
| Average Directional Index/ADX (14) | 19.16 | NEGATIVE | The low ADX value for NXDT suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 4.70 | 4.43 | 0.27 (5.74%) | 17.41% |
| An entry @4.70. This is a Buy Stop order right above the resistance zone. | An exit @4.43. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.27 points, which is 5.74%. | For a 1.00% total portfolio risk, you can invest 17.41% 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.
NXDT Technicals: Chart, Performance Metrics, Trend & Indicators
4.65
-0.1 (-2.11%)
NEXPOINT DIVERSIFIED REAL ES / NXDT FAQ
Can you provide the ChartMill technical rating for NEXPOINT DIVERSIFIED REAL ES?
ChartMill assigns a technical rating of 7 / 10 to NXDT.
Can you provide the trend direction for NEXPOINT DIVERSIFIED REAL ES?
The current trend direction for NEXPOINT DIVERSIFIED REAL ES (NXDT) is Bullish.
What is the RSI signal for NXDT stock?
NEXPOINT DIVERSIFIED REAL ES (NXDT) has an RSI value of 51.0022. This indicates that the stock is currently neutral.
What is the MACD signal for NEXPOINT DIVERSIFIED REAL ES (NXDT) stock?
The MACD indicator for NEXPOINT DIVERSIFIED REAL ES (NXDT) has a value of -0.0233769, indicating a bearish trend.
Can you provide the short term momentum for NEXPOINT DIVERSIFIED REAL ES?
The short term momentum for NEXPOINT DIVERSIFIED REAL ES (NXDT) is neutral.