NEXT TECHNOLOGY HOLDING INC (NXTT) Stock Technical Analysis
NASDAQ:NXTT - Nasdaq - US9618842028 - Common Stock - Currency: USD
We assign a technical rating of 9 out of 10 to NXTT. Both in the recent history as in the last year, NXTT has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
NXTT is part of the Software industry. There are 282 other stocks in this industry. NXTT outperforms 98% of them.
NXTT has an average volume of 8335640 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NXTT is one of the better performing stocks in the market, outperforming 99% of all stocks. However, this relatively good performance is mostly due to a recent big move.
NXTT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXTT is lagging the market.
In the last month NXTT has a been trading in the 1.25 - 3.69 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.
NXTT has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
1.68
3.28
When analyzing the support we can see 3 important areas.
- Support @2.30 from a horizontal line in the daily time frame.
- Support @1.74 from a trend line in the weekly time frame.
- Support @1.70 from a trend line in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @2.65 from a trend line in the daily time frame.
- Resistance @3.25 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 NXTT is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXTT is up. |
| ChartMill Relative Strength | 99.33 | POSITIVE | NXTT has a high relative strength, it outperformed 99.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NXTT is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXTT is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXTT is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 52.2 | NEUTRAL | The RSI value for NXTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests NXTT has a negative trend. |
| Stochastics (14,3) | 38.16 | NEUTRAL | The Stochastics value for NXTT is a neutral value. |
| Average True Range in percent/ATR (20) | 19.95 | HIGH VOLATILITY | The high ATR as a percentage value for NXTT suggests high volalility. |
| Average Directional Index/ADX (14) | 43.47 | POSITIVE | The high ADX value value for NXTT 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)
2.38
+0.07 (+3.03%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg3.03%
1 Week-6.67%
2 Weeks-5.56%
1 Month78.95%
3 Month762.32%
6 Month-15.6%
12 Month-58.61%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%19.95%
ATR Inc-50.44%
Range Today0.1
ADR(20)0.42
ADR(20)%17.71%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.33
Mansfield4.69
10 Day High2.98
10 Day Low2.25
20 Day High3.69
20 Day Low1.25
52 Week High5.99
52 Week Low0.22
CS1 End2.3
CR1 Start2.65
Volume & EV
DER(3)-8.21%
DER(5)-10.54%
Volume227.80K
Volume Incr-73.72%
Vol(5)346.36K
Vol(50)8.34M