NXTC Technical Analysis - NEXTCURE INC

Technical Rating and Analysis

Overall NXTC gets a technical rating of 6 out of 10. In the last year, NXTC was a below average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.

80% of all other stocks performed better in the past year than NXTC.

NXTC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.

Warning: NXTC has an average volume of 15686 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.

The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.

In the last month NXTC has a been trading in the 5.19 - 6.99 range, which is quite wide. It is currently trading near the high of this range.

Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.

NXTC is part of the Biotechnology industry. There are 536 other stocks in this industry, NXTC did better than 40% of them.

Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.

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Technical Analysis

Relative Strength

ChartMill Trend Indicator

Simple Moving Average

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Weekly and Daily overview Charts

Setup Rating and Analysis

NXTC has an average technical rating and it also does not offer a high 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.

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ChartMill Technical Ratings

Pocket Pivots

Bull Flags

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Support and Resistance Analysis

4.69

6.93

4 important support areas can be observed.

A support zone ranging from 6.02 to 6.11. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
A support zone ranging from 5.65 to 5.68. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
A support zone ranging from 5.17 to 5.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
Support @4.74 from a horizontal line in the daily time frame.

We found 1 important resistance area.

A resistance zone ranging from 6.85 to 6.86. This zone is formed by a combination of multiple trend lines in the daily time frame.

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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	NEUTRAL	NEUTRAL	The long term trend for NXTC is neutral.
ChartMill Short Term Trend Indicator	UP	POSITIVE	The short term trend for NXTC is up.
ChartMill Relative Strength	20.91	NEGATIVE	NXTC has a low relative strength, it was outperformed by 79.09% off all stocks on the market.
Simple Moving Average/SMA (20)	UP	POSITIVE	The current price of NXTC is above the rising SMA(20).
Simple Moving Average/SMA (50)	UP	POSITIVE	The current price of NXTC is above the rising SMA(50).
Simple Moving Average/SMA (200)	DOWN	MIXED	The current price of NXTC is above a declining SMA(200).
Relative Strength Index/RSI (14)	70.02	OVERBOUGHT	The high RSI value suggests NXTC may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)	0.09	POSITIVE	The MACD value suggests NXTC has a positive trend.
Stochastics (14,3)	81.36	OVERBOUGHT	The high Stochastics value suggests NXTC may be overbought.
Average True Range in percent/ATR (20)	5.47	HIGH VOLATILITY	The high ATR as a percentage value for NXTC suggests high volalility.
Average Directional Index/ADX (14)	32.37	POSITIVE	The high ADX value value for NXTC suggests a strong trend.