NEXPOINT RESIDENTIAL (NXRT) Stock Technical Analysis
USA - NYSE:NXRT - US65341D1028 - REIT
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.
Although the technical rating is bad, NXRT does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 30.55, 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.
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29.91
When analyzing the support we notice one important area.
- A support zone ranging from 30.21 to 30.55. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 31.02 to 31.76. 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 @34.04 from a horizontal line in the daily time frame.
- A resistance zone ranging from 34.68 to 34.68. 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 | NEUTRAL | NEUTRAL | The short term trend for NXRT is neutral. |
| ChartMill Relative Strength | 17.69 | NEGATIVE | NXRT has a low relative strength, it was outperformed by 82.31% 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) | 43.95 | NEUTRAL | The RSI value for NXRT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.03 | NEGATIVE | The MACD value suggests NXRT has a negative trend. |
| Stochastics (14,3) | 25.91 | NEUTRAL | The Stochastics value for NXRT is a neutral value. |
| Average True Range in percent/ATR (20) | 2.49 | MEDIUM VOLATILITY | The ATR as a percentage value for NXRT suggests some volalility. |
| Average Directional Index/ADX (14) | 11.68 | NEGATIVE | The low ADX value for NXRT suggests a weak or negative trend. |
30.56
-0.07 (-0.23%)
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 43.9515. 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 neutral.
What is the support and resistance level for NXRT stock?
NEXPOINT RESIDENTIAL (NXRT) has a support level at 30.55 and a resistance level at 31.02. Check the full technical report for our detailed analysis of NXRT support and resistance levels.