Overall NXT gets a technical rating of 8 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
Although NXT has an excellent technical rating, the quality of the presented setup is not ideal 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
49.37
We found 5 important support areas.
- A support zone ranging from 84.76 to 87.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @70.53 from a trend line in the weekly time frame.
- Support @68.23 from a trend line in the daily time frame.
- Support @55.29 from a horizontal line in the daily time frame.
- Support @49.87 from a trend line in the weekly time frame.
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 NXT is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXT is down. |
| ChartMill Relative Strength | 96.45 | POSITIVE | NXT has a high relative strength, it outperformed 96.45% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.86 | NEUTRAL | The RSI value for NXT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -2.62 | NEGATIVE | The MACD value suggests NXT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 15.06 | OVERSOLD | The low Stochastics value suggests NXT may be oversold. |
| Average True Range in percent/ATR (20) | 7.97 | HIGH VOLATILITY | The high ATR as a percentage value for NXT suggests high volalility. |
| Average Directional Index/ADX (14) | 31.6 | POSITIVE | The high ADX value value for NXT suggests a strong trend. |
87.13
+1.31 (+1.53%)
NEXTPOWER INC-CL A / NXT FAQ
What is the ChartMill technical rating of NEXTPOWER INC-CL A (NXT) stock?
ChartMill assigns a technical rating of 8 / 10 to NXT.
What is the trend direction for NXT stock?
The current trend direction for NEXTPOWER INC-CL A (NXT) is Bullish.
What is the RSI signal for NEXTPOWER INC-CL A (NXT) stock?
NEXTPOWER INC-CL A (NXT) has an RSI value of 43.8601. This indicates that the stock is currently neutral.
What is the short term momentum for NXT stock?
The short term momentum for NEXTPOWER INC-CL A (NXT) is negative.
What is the support and resistance level for NXT stock?
NEXTPOWER INC-CL A (NXT) has a support level at 87.12. Check the full technical report for our detailed analysis of NXT support and resistance levels.