Taking everything into account, NXPL scores 0 out of 10 in our technical rating. NXPL 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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NXPL is a bad performer in the overall market: 89% of all stocks are doing better.
- NXPL is part of the Diversified Telecommunication Services industry. There are 36 other stocks in this industry, of which 85% are performing better than NXPL.
- NXPL is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NXPL has a been trading in the 0.55 - 0.73 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
The technical rating of NXPL is bad and it also does not present a 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.
More info and screens
0.51
We found 1 important support area.
- Support @0.52 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.65 to 0.67. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.72 from a trend line in the weekly 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 | DOWN | NEGATIVE | The long term trend for NXPL is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXPL is down. |
| ChartMill Relative Strength | 11.4 | NEGATIVE | NXPL has a low relative strength, it was outperformed by 88.6% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXPL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXPL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXPL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 37.95 | NEUTRAL | The RSI value for NXPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NXPL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 7.13 | OVERSOLD | The low Stochastics value suggests NXPL may be oversold. |
| Average True Range in percent/ATR (20) | 7.69 | HIGH VOLATILITY | The high ATR as a percentage value for NXPL suggests high volalility. |
| Average Directional Index/ADX (14) | 25.93 | POSITIVE | The high ADX value value for NXPL suggests a strong trend. |
0.5718
+0.01 (+1.74%)
NEXTPLAT CORP / NXPL FAQ
What is the technical rating for NXPL stock?
ChartMill assigns a technical rating of 0 / 10 to NXPL.
Can you provide the trend direction for NEXTPLAT CORP?
The current trend direction for NEXTPLAT CORP (NXPL) is Bearish.
What is the RSI signal for NEXTPLAT CORP (NXPL) stock?
NEXTPLAT CORP (NXPL) has an RSI value of 37.9523. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEXTPLAT CORP?
The short term momentum for NEXTPLAT CORP (NXPL) is negative.
Can you provide the buy/sell signal for NEXTPLAT CORP?
The buy/sell signal for NEXTPLAT CORP (NXPL) is sell as both the short term and long term trends are negative.