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NXT-ID INC (NXTD) Stock Technical Analysis

NASDAQ:NXTD - Nasdaq - Common Stock

2.42  -0.13 (-5.1%)

After market: 2.41 -0.01 (-0.41%)

Technical Rating and Analysis

0

Taking everything into account, NXTD scores 0 out of 10 in our technical rating. NXTD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
87% of all other stocks performed better in the past year than NXTD.
NXTD is part of the Software industry. There are 284 other stocks in this industry, of which 74% are performing better than NXTD.
NXTD is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
NXTD has an average volume of 1918340 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NXTD has a been trading in the 2.10 - 3.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
NXT-ID INC / NXTD Weekly stock chart
NXT-ID INC / NXTD Daily stock chart
Setup Rating and Analysis

3

The technical rating of NXTD 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.

Support and Resistance Analysis

2.40

4.64

3 important resistance areas can be observed.

  • A resistance zone ranging from 2.93 to 2.94. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @3.15 from a trend line in the daily time frame.
  • Resistance @4.59 from a horizontal line in the daily time frame.
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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorDOWNNEGATIVEThe long term trend for NXTD is down.
ChartMill Short Term Trend IndicatorDOWNNEGATIVEThe short term trend for NXTD is down.
ChartMill Relative Strength13.16NEGATIVENXTD has a low relative strength, it was outperformed by 86.84% off all stocks on the market.
Simple Moving Average/SMA (20)DOWNNEGATIVEThe current price of NXTD is below a declining SMA(20).
Simple Moving Average/SMA (50)DOWNNEGATIVEThe current price of NXTD is below a declining SMA(50).
Simple Moving Average/SMA (200)DOWNNEGATIVEThe current price of NXTD is below a declining SMA(200).
Relative Strength Index/RSI (14)40.72NEUTRALThe RSI value for NXTD is a neutral value.
Moving Average Convergence Divergence/MACD (12, 26, 9)-0.02NEGATIVEThe MACD value suggests NXTD has a negative trend.
Stochastics (14,3)38.05NEUTRALThe Stochastics value for NXTD is a neutral value.
Average True Range in percent/ATR (20)10.18HIGH VOLATILITYThe high ATR as a percentage value for NXTD suggests high volalility.
Chart- and CandleStick Pattern Analysis
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)
NXT-ID INC / NXTD Daily stock chart

NXT-ID INC

NASDAQ:NXTD (3/1/2022, 8:20:15 PM)

After market: 2.41 -0.01 (-0.41%)

2.42

-0.13 (-5.1%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-5.1%
1 Week-3.59%
2 Weeks-8.68%
1 Month-12.64%
3 Month-4.72%
6 Month-66.66%
12 Month-82.71%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.24
ATR(20)%10.18%
ATR Inc-21.69%
Range Today0.22
ADR(20)N/A
ADR(20)%N/A
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.16
Mansfield-6.19
10 Day High2.89
10 Day Low2.1
20 Day High3.19
20 Day Low2.1
52 Week High19.2
52 Week Low2.1
CS1 EndN/A
CR1 Start2.93
Volume & EV
DER(3)1.38%
DER(5)5.32%
Volume249.60K
Volume Incr-17.56%
Vol(5)475.26K
Vol(50)1.92M