NEXPOINT RESIDENTIAL (NXRT) Stock Technical Analysis
NYSE:NXRT - New York Stock Exchange, Inc. - US65341D1028 - REIT - Currency: USD
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.
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, NXRT is a bad performer in the overall market: 91% of all stocks are doing better.
NXRT is one of the lesser performing stocks in the Residential REITs industry. 100% of 20 stocks in the same industry do better.
NXRT is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NXRT is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Although the technical rating is bad, NXRT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 30.78, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NXRT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
30.24
35.12
We found 1 important support area.
- A support zone ranging from 30.55 to 30.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 32.96 to 33.33. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 34.15 to 34.77. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 9.45 | NEGATIVE | NXRT has a low relative strength, it was outperformed by 90.55% 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) | 39.64 | NEUTRAL | The RSI value for NXRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NXRT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.9 | NEUTRAL | The Stochastics value for NXRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.87 | MEDIUM VOLATILITY | The ATR as a percentage value for NXRT suggests some volalility. |
| Average Directional Index/ADX (14) | 32.57 | POSITIVE | The high ADX value value for NXRT 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)
31.11
-0.02 (-0.06%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorReal Estate
GICS IndustryResidential REITs
Performance
% Chg-0.06%
1 Week0.29%
2 Weeks1.07%
1 Month-8.53%
3 Month-15.96%
6 Month-22.53%
12 Month-30.81%
2 Year-17.15%
3 Year-41.1%
5 Year-24.86%
10 Year151.9%
15 YearN/A
Volatility
ATR(14)0.93
ATR(20)%2.87%
ATR Inc-43.01%
Range Today0.35
ADR(20)0.85
ADR(20)%2.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.45
Mansfield-2.82
10 Day High31.87
10 Day Low30.27
20 Day High35.08
20 Day Low29.98
52 Week High48.37
52 Week Low29.98
CS1 End30.78
CR1 Start32.96
Volume & EV
DER(3)1.33%
DER(5)3.21%
Volume201.70K
Volume Incr1.6%
Vol(5)173.10K
Vol(50)170.17K