NEXPOINT RESIDENTIAL (NXRT) Stock Technical Analysis
USA - New York Stock Exchange - NYSE:NXRT - US65341D1028 - REIT
Overall NXRT gets a technical rating of 0 out of 10. NXRT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
NXRT has a poor technical rating and the quality of the setup is also not perfect 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
29.01
We found 1 important support area.
- A support zone ranging from 29.30 to 29.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 30.42 to 32.17. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @33.04 from a horizontal line in the daily time frame.
- Resistance @34.14 from a horizontal 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 NXRT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXRT is down. |
| ChartMill Relative Strength | 13 | NEGATIVE | NXRT has a low relative strength, it was outperformed by 87% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXRT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXRT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXRT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.92 | NEUTRAL | The RSI value for NXRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.17 | NEGATIVE | The MACD value suggests NXRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 19.41 | OVERSOLD | The low Stochastics value suggests NXRT may be oversold. |
| Average True Range in percent/ATR (20) | 2.41 | MEDIUM VOLATILITY | The ATR as a percentage value for NXRT suggests some volalility. |
| Average Directional Index/ADX (14) | 15.45 | NEGATIVE | The low ADX value for NXRT suggests a weak or negative trend. |
29.88
+0.03 (+0.1%)
NEXPOINT RESIDENTIAL / NXRT FAQ
Can you provide the ChartMill technical rating for NEXPOINT RESIDENTIAL?
ChartMill assigns a technical rating of 0 / 10 to NXRT.
What is the current trend direction of NEXPOINT RESIDENTIAL (NXRT) stock?
The current trend direction for NEXPOINT RESIDENTIAL (NXRT) is Bearish.
What is the RSI signal for NXRT stock?
NEXPOINT RESIDENTIAL (NXRT) has an RSI value of 40.9169. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEXPOINT RESIDENTIAL?
The short term momentum for NEXPOINT RESIDENTIAL (NXRT) is negative.
What is the support and resistance level for NXRT stock?
NEXPOINT RESIDENTIAL (NXRT) has a support level at 29.65 and a resistance level at 30.42. Check the full technical report for our detailed analysis of NXRT support and resistance levels.