NXI Technical Analysis - NEXITY

Technical Rating and Analysis

We assign a technical rating of 1 out of 10 to NXI. NXI scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.

92% of all other stocks performed better in the past year than NXI.

NXI is part of the Real Estate Management & Development industry. There are 72 other stocks in this industry, of which 74% are performing better than NXI.

In the last month NXI has a been trading in the 9.64 - 11.33 range, which is quite wide. It is currently trading near the lows of this range.

NXI is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXI is lagging the market.

Considerably lower volume is observed in the last couple of days.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

Although the technical rating is bad, NXI does present a nice setup opportunity. 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 a support zone below the current price at 10.09, a Stop Loss order could be placed below this zone.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

8.53

11.28

3 important support areas can be observed.

A support zone ranging from 10.02 to 10.03. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
Support @9.71 from a horizontal line in the daily time frame.
Support @8.62 from a horizontal line in the weekly time frame.

We can see 2 important resistance areas.

A resistance zone ranging from 10.09 to 10.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A resistance zone ranging from 11.07 to 11.17. This zone is formed by a combination of multiple trend lines in multiple time frames.

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Technical Indicator Signal Analysis

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	DOWN	NEGATIVE	The long term trend for NXI.PA is down.
ChartMill Short Term Trend Indicator	NEUTRAL	NEUTRAL	The short term trend for NXI.PA is neutral.
ChartMill Relative Strength	8.28	NEGATIVE	NXI.PA has a low relative strength, it was outperformed by 91.72% off all stocks on the market.
Simple Moving Average/SMA (20)	DOWN	NEGATIVE	The current price of NXI.PA is below a declining SMA(20).
Simple Moving Average/SMA (50)	DOWN	MIXED	The current price of NXI.PA is above a declining SMA(50).
Simple Moving Average/SMA (200)	DOWN	NEGATIVE	The current price of NXI.PA is below a declining SMA(200).
Relative Strength Index/RSI (14)	48.81	NEUTRAL	The RSI value for NXI.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	-0.04	NEGATIVE	The MACD value suggests NXI.PA has a negative trend, although the MACD value is rising.
Stochastics (14,3)	30.65	NEUTRAL	The Stochastics value for NXI.PA is a neutral value.
Average True Range in percent/ATR (20)	3.58	MEDIUM VOLATILITY	The ATR as a percentage value for NXI.PA suggests some volalility.
Average Directional Index/ADX (14)	17.69	NEGATIVE	The low ADX value for NXI.PA suggests a weak or negative trend.