NEXTPLAT CORP (NXPL) Stock Technical Analysis
NASDAQ:NXPL - Nasdaq - US68557F2092 - Common Stock - Currency: USD
Overall NXPL gets a technical rating of 2 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.
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 a resistance zone just above the current price starting at 0.71. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.60, a Stop Loss order could be placed below this zone. 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
0.59
When analyzing the support we notice one important area.
- A support zone ranging from 0.60 to 0.60. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.71 to 0.71. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.76 from a trend line in the weekly time frame.
- Resistance @0.88 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 | UP | POSITIVE | The short term trend for NXPL is up. |
| ChartMill Relative Strength | 7.69 | NEGATIVE | NXPL has a low relative strength, it was outperformed by 92.31% 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) | DOWN | MIXED | The current price of NXPL is above 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) | 60.67 | NEUTRAL | The RSI value for NXPL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NXPL has a positive trend. |
| Stochastics (14,3) | 85.49 | OVERBOUGHT | The high Stochastics value suggests NXPL may be overbought. |
| Average True Range in percent/ATR (20) | 8.55 | HIGH VOLATILITY | The high ATR as a percentage value for NXPL suggests high volalility. |
| Average Directional Index/ADX (14) | 27.83 | POSITIVE | The high ADX value value for NXPL suggests a strong trend. |
NASDAQ:NXPL (6/10/2025, 3:22:51 PM)
0.7
0 (0%)