NEXPOINT RESIDENTIAL (NXRT) Technical Analysis
NYSE:NXRT • US65341D1028
Current stock price
NXRT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NXRT. NXRT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NXRT is a bad performer in the overall market: 85% of all stocks are doing better.
- NXRT is part of the Residential REITs industry. There are 20 other stocks in this industry, of which 94% are performing better than NXRT.
- NXRT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NXRT is lagging the market.
- In the last month NXRT has a been trading in the 23.85 - 30.44 range, which is quite wide. It is currently trading near the lows of this range.
- Volume is considerably higher in the last couple of days.
NXRT Weekly and Daily overview Charts
NXRT Setup Rating and Analysis
The technical rating of NXRT 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
NXRT Support and Resistance Analysis
24.38
We can see 3 important resistance areas.
- A resistance zone ranging from 29.09 to 29.26. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 30.18 to 30.19. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 31.51 to 32.17. This zone is formed by a combination of multiple trend lines in multiple time frames.
NXRT Technical Indicator Signal Analysis
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 | 15.06 | NEGATIVE | NXRT has a low relative strength, it was outperformed by 84.94% 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) | 22.8 | OVERSOLD | The low RSI value suggests NXRT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests NXRT has a negative trend. |
| Stochastics (14,3) | 7.91 | OVERSOLD | The low Stochastics value suggests NXRT may be oversold. |
| Average True Range in percent/ATR (20) | 3.6 | MEDIUM VOLATILITY | The ATR as a percentage value for NXRT suggests some volalility. |
| Average Directional Index/ADX (14) | 41.31 | POSITIVE | The high ADX value value for NXRT suggests a strong trend. |
NXRT Chart- and CandleStick Pattern Analysis
NXRT Technicals: Chart, Performance Metrics, Trend & Indicators
24.63
+0.03 (+0.12%)
NEXPOINT RESIDENTIAL / NXRT TA FAQ
What is the ChartMill technical rating of NEXPOINT RESIDENTIAL (NXRT) stock?
ChartMill assigns a technical rating of 0 / 10 to NXRT.
Can you provide the trend direction for NEXPOINT RESIDENTIAL?
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 22.795. This indicates that the stock is currently oversold.
What is the MACD signal for NEXPOINT RESIDENTIAL (NXRT) stock?
The MACD indicator for NEXPOINT RESIDENTIAL (NXRT) has a value of -0.205858, indicating a bearish trend.
What is the short term momentum for NEXPOINT RESIDENTIAL (NXRT) stock?
The short term momentum for NEXPOINT RESIDENTIAL (NXRT) is negative.