NXI Technical Analysis - NEXITY

Technical Rating and Analysis

We assign a technical rating of 6 out of 10 to NXI. NXI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.

When comparing the yearly performance of all stocks, NXI is a bad performer in the overall market: 71% of all stocks are doing better.

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 NXI has a been trading in the 8.12 - 11.34 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

NXI is an average performer in the Real Estate Management & Development industry, it outperforms 60% of 75 stocks in the same industry.

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.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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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

NXI 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

10.52

11.50

When analyzing the support we notice one important area.

A support zone ranging from 10.63 to 10.80. This zone is formed by a combination of multiple trend lines in multiple time frames.

When analyzing the resistance we notice 2 important areas.

A resistance zone ranging from 11.10 to 11.11. This zone is formed by a combination of multiple trend lines in multiple time frames.
A resistance zone ranging from 11.32 to 11.39. This zone is formed by a combination of multiple trend lines in multiple time frames.

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What is Support and Resistance

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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	NEUTRAL	NEUTRAL	The long term trend for NXI.PA is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for NXI.PA is up.
ChartMill Relative Strength	29.63	NEGATIVE	NXI.PA has a low relative strength, it was outperformed by 70.37% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of NXI.PA is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of NXI.PA is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of NXI.PA is above a declining SMA(200).
Relative Strength Index/RSI (14)	63.28	NEUTRAL	The RSI value for NXI.PA is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.22	POSITIVE	The MACD value suggests NXI.PA has a positive trend, although the MACD value is declining.
Stochastics (14,3)	80.54	OVERBOUGHT	The high Stochastics value suggests NXI.PA may be overbought.
Average True Range in percent/ATR (20)	3.65	MEDIUM VOLATILITY	The ATR as a percentage value for NXI.PA suggests some volalility.
Average Directional Index/ADX (14)	29.29	POSITIVE	The high ADX value value for NXI.PA suggests a strong trend.