NEXTRACKER INC-CL A (NXT)
US65290E1010 - Common Stock
We assign a technical rating of 3 out of 10 to NXT. Although NXT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
In the last month NXT has a been trading in the 42.02 - 57.40 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NXT did better than 83% of all other stocks.
NXT is one of the better performing stocks in the Electrical Equipment industry, it outperforms 79% of 87 stocks in the same industry.
NXT has an average volume of 3163080 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NXT 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 NXT is lagging the market slightly.
The technical rating of NXT 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
38.50
61.50
When analyzing the support we can see 3 important areas.
- Support @43.75 from a horizontal line in the weekly time frame.
- Support @42.97 from a horizontal line in the daily time frame.
- Support @38.89 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 43.77 to 44.43. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @60.89 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83
Mansfield-0.87
10 Day High47.9
10 Day Low42.02
20 Day High57.4
20 Day Low42.02
52 Week High62.14
52 Week Low29.28
Performance
1 Week-0.55%
2 Weeks-7.29%
1 Month-22.23%
3 Month0.51%
6 Month26.36%
12 Month38.96%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.17
RSI(14)28.96
LBB40.45
UBB50.79
NEXTRACKER INC-CL A
NASDAQ:NXT (4/26/2024, 7:07:31 PM)
After market: 43.7636 +0 (+0.01%)43.76
+0.78 (+1.81%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryElectrical Equipment
Performance
% Chg1.81%
1 Week-0.55%
2 Weeks-7.29%
1 Month-22.23%
3 Month0.51%
6 Month26.36%
12 Month38.96%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)2.08
ATR(20)%4.91%
ATR Inc
Range Today2.54
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High47.9
10 Day Low42.02
20 Day High57.4
20 Day Low42.02
52 Week High62.14
52 Week Low29.28
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume2.32M
Volume Incr-19.49%
Vol(5)2.57M
Vol(50)3.16M