NEXTPLAT CORP (NXPL) Stock Technical Analysis
NASDAQ:NXPL - Nasdaq - US68557F2092 - Common Stock - Currency: USD
Overall NXPL gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. NXPL was also a bad performer in the overall market in the last year.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
85% of all other stocks performed better in the past year than NXPL.
NXPL is one of the lesser performing stocks in the Diversified Telecommunication Services industry. 74% of 32 stocks in the same industry do better.
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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
In the last month NXPL has a been trading in the 0.60 - 0.77 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NXPL has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.74
0.96
3 important resistance areas can be observed.
- A resistance zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.84 from a trend line in the weekly time frame.
- Resistance @0.95 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 | NEUTRAL | NEUTRAL | The short term trend for NXPL is neutral. |
| ChartMill Relative Strength | 15.34 | NEGATIVE | NXPL has a low relative strength, it was outperformed by 84.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXPL is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXPL is above the rising 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) | 61.48 | NEUTRAL | The RSI value for NXPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXPL has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 79.31 | NEUTRAL | The Stochastics value for NXPL is a neutral value. |
| Average True Range in percent/ATR (20) | 8.24 | HIGH VOLATILITY | The high ATR as a percentage value for NXPL suggests high volalility. |
| Average Directional Index/ADX (14) | 35.71 | POSITIVE | The high ADX value value for NXPL suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
0.7429
0 (-0.15%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorCommunication Services
GICS IndustryDiversified Telecommunication Services
Performance
% Chg-0.15%
1 Week7.48%
2 Weeks7.65%
1 Month12.77%
3 Month7.98%
6 Month-30.57%
12 Month-29.92%
2 Year-72.68%
3 Year-61.51%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.06
ATR(20)%8.24%
ATR Inc-13.02%
Range Today0.06
ADR(20)0.06
ADR(20)%8.12%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.34
Mansfield-2.89
10 Day High0.77
10 Day Low0.62
20 Day High0.77
20 Day Low0.6
52 Week High2.3
52 Week Low0.43
CS1 EndN/A
CR1 Start0.85
Volume & EV
DER(3)-9.36%
DER(5)-21.95%
Volume31.70K
Volume Incr23.95%
Vol(5)34.60K
Vol(50)69.32K