NEXPOINT DIVERSIFIED REAL ES (NXDT) Stock Technical Analysis
NYSE:NXDT • US65340G2057
Overall NXDT gets a technical rating of 9 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NXDT is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- NXDT is part of the Diversified REITs industry. There are 122 other stocks in this industry. NXDT outperforms 92% of them.
- 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.
- NXDT is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
- When comparing the yearly performance of all stocks, we notice that NXDT is one of the better performing stocks in the market, outperforming 86% of all stocks. However, this relatively good performance is mostly due to a recent big move.
Besides having an excellent technical rating, NXDT also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 4.74, a Stop Loss order could be placed below this zone. 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.
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4.29
We found 2 important support areas.
- A support zone ranging from 4.65 to 4.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @4.33 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.80 to 4.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 4.95 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 | UP | POSITIVE | The short term trend for NXDT is up. |
| ChartMill Relative Strength | 86.8 | POSITIVE | NXDT has a high relative strength, it outperformed 86.8% 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) | UP | POSITIVE | The current price of NXDT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.02 | NEUTRAL | The RSI value for NXDT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NXDT has a negative trend. |
| Stochastics (14,3) | 58.29 | NEUTRAL | The Stochastics value for NXDT is a neutral value. |
| Average True Range in percent/ATR (20) | 6.21 | HIGH VOLATILITY | The high ATR as a percentage value for NXDT suggests high volalility. |
| Average Directional Index/ADX (14) | 36.12 | POSITIVE | The high ADX value value for NXDT suggests a strong 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 |
|---|---|---|---|
| 4.84 | 4.64 | 0.20 (4.13%) | 24.20% |
| An entry @4.84. This is a Buy Stop order right above the resistance zone. | An exit @4.64. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 4.13%. | For a 1.00% total portfolio risk, you can invest 24.20% 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.
4.75
+0.02 (+0.42%)
NEXPOINT DIVERSIFIED REAL ES / NXDT FAQ
Can you provide the ChartMill technical rating for NEXPOINT DIVERSIFIED REAL ES?
ChartMill assigns a technical rating of 9 / 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 57.0169. 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 -0.0386907, 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 positive.