NEXANS SA (NXS.DE) Stock Technical Analysis
FRA:NXS - Deutsche Boerse Ag - FR0000044448 - Common Stock - Currency: EUR
We assign a technical rating of 7 out of 10 to NXS. NXS has been a medium performer in the overall market. Some doubts are observed in the medium time frame, but recent action was very positive.
Warning: NXS has an average volume of 228 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long and short term trends are both positive. This is looking good!
NXS is part of the Electrical Equipment industry. There are 56 other stocks in this industry. NXS outperforms 70% of them.
In the last month NXS has a been trading in the 96.55 - 103.50 range, which is quite wide. It is currently trading near the high of this range.
Prices have been consolidating recently, this may present a good entry opportunity.
Considerably lower volume is observed in the last couple of days, which is a good thing during a pullback.
When comparing the performance of all stocks over the past year, NXS turns out to be only a medium performer in the overall market: it outperformed 49% of all stocks.
NXS is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXS is lagging the market slightly.
NXS has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 102.63. Right above this resistance zone may be a good entry point. 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
83.31
104.43
We found 3 important support areas.
- A support zone ranging from 100.50 to 101.70. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 97.60 to 98.72. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @84.15 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 102.63 to 103.40. 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 | UP | POSITIVE | The long term trend for NXS.DE is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXS.DE is up. |
| ChartMill Relative Strength | 49.02 | NEUTRAL | NXS.DE is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXS.DE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXS.DE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXS.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 57.13 | NEUTRAL | The RSI value for NXS.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.19 | NEGATIVE | The MACD value suggests NXS.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 75.54 | NEUTRAL | The Stochastics value for NXS.DE is a neutral value. |
| Average True Range in percent/ATR (20) | 1.92 | LOW VOLATILITY | The low ATR as a percentage value for NXS.DE suggests low volalility. |
| Average Directional Index/ADX (14) | 15.88 | NEGATIVE | The low ADX value for NXS.DE suggests a weak or negative 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 103.41 | 100.49 | 2.92 (2.82%) | 25.00% |
| An entry @103.41. This is a Buy Stop order right above the resistance zone. | An exit @100.49. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 2.92 points, which is 2.82%. | For a 0.71% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
FRA:NXS (6/16/2025, 7:00:00 PM)
102.4
+1.9 (+1.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.89%
1 Week0.79%
2 Weeks-0.1%
1 Month5.62%
3 Month4.12%
6 Month-1.54%
12 Month-0.29%
2 Year34.65%
3 Year38.57%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.7
ATR(20)%1.92%
ATR Inc8.98%
Range Today0.5
ADR(20)0.65
ADR(20)%0.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS49.02
Mansfield-0.86
10 Day High103.5
10 Day Low99.3
20 Day High103.5
20 Day Low96.55
52 Week High143.5
52 Week Low75.75
CS1 End101.7
CR1 Start102.63
Volume & EV
DER(3)0%
DER(5)0%
Volume24
Volume Incr-76.23%
Vol(5)24.4
Vol(50)228.14