NYSE:NXE - New York Stock Exchange, Inc. - CA65340P1062 - Common Stock - Currency: USD
Overall NXE 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, NXE is showing a nice and steady performance.
NXE has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. There is very little resistance above the current price. There is a support zone below the current price at 6.59, a Stop Loss order could be placed below this zone.
6.43
We found 1 important support area.
2 important resistance areas can be observed.
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 NXE is up. |
ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXE is up. |
ChartMill Relative Strength | 85.57 | POSITIVE | NXE has a high relative strength, it outperformed 85.57% off all stocks on the market. |
Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXE is above the rising SMA(20). |
Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXE is above the rising SMA(50). |
Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXE is above the rising SMA(200). |
Relative Strength Index/RSI (14) | 62.3 | NEUTRAL | The RSI value for NXE is a neutral value. |
Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NXE has a negative trend. |
Stochastics (14,3) | 49.94 | NEUTRAL | The Stochastics value for NXE is a neutral value. |
Average True Range in percent/ATR (20) | 4.36 | MEDIUM VOLATILITY | The ATR as a percentage value for NXE suggests some volalility. |
Average Directional Index/ADX (14) | 35.73 | POSITIVE | The high ADX value value for NXE 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 |
---|---|---|---|
6.79 | 6.48 | 0.31 (4.57%) | 21.90% |
An entry @6.79. This is a Buy Stop order right above the resistance zone. | An exit @6.48. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.31 points, which is 4.57%. | When investing 21.90% of your capital in this trade, your total portfolio risk will be 1.00%. |
6.77
+0.09 (+1.35%)