FIRST TRUST INDXX NEXTG ETF (NXTG) Stock Technical Analysis
NASDAQ:NXTG - Nasdaq - US33737K2050 - ETF - Currency: USD
Overall NXTG gets a technical rating of 10 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NXTG is showing a nice and steady performance.
Warning: NXTG has an average volume of 7098 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NXTG is one of the better performing stocks in the market, outperforming 79% of all stocks. On top of that, NXTG also shows a nice and consistent pattern of rising prices.
NXTG is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so NXTG is leading the market.
In the last month NXTG has a been trading in the 83.85 - 92.55 range, which is quite wide. It is currently trading near the high of this range.
Although NXTG 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
77.82
93.02
3 important support areas can be observed.
- A support zone ranging from 85.78 to 87.23. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @81.45 from a horizontal line in the daily time frame.
- Support @78.61 from a trend line in the weekly time frame.
We found 1 important resistance area.
- A resistance zone ranging from 91.58 to 92.10. 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 NXTG is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXTG is up. |
| ChartMill Relative Strength | 79.34 | POSITIVE | NXTG has a high relative strength, it outperformed 79.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXTG is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXTG is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXTG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.13 | NEUTRAL | The RSI value for NXTG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.29 | POSITIVE | The MACD value suggests NXTG has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 93.31 | OVERBOUGHT | The high Stochastics value suggests NXTG may be overbought. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for NXTG suggests low volalility. |
| Average Directional Index/ADX (14) | 26.01 | POSITIVE | The high ADX value value for NXTG suggests a strong 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)
NASDAQ:NXTG (5/21/2025, 8:22:42 PM)
91.57
-0.53 (-0.58%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-0.58%
1 Week1.34%
2 Weeks4.12%
1 Month9.23%
3 Month1.37%
6 Month7.54%
12 Month14.78%
2 Year32.08%
3 Year28.46%
5 Year71.96%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.94
ATR(20)%1.01%
ATR Inc0.48%
Range Today1.21
ADR(20)0.73
ADR(20)%0.8%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS79.34
Mansfield0.47
10 Day High92.55
10 Day Low87.94
20 Day High92.55
20 Day Low83.85
52 Week High92.55
52 Week Low74.03
CS1 End87.23
CR1 Start91.58
Volume & EV
DER(3)2.46%
DER(5)1.48%
Volume3.50K
Volume Incr-8.83%
Vol(5)5.16K
Vol(50)7.10K