Taking everything into account, NXTT scores 1 out of 10 in our technical rating. NXTT 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.
- 100% of all other stocks performed better in the past year than NXTT.
- NXTT is part of the Software industry. There are 276 other stocks in this industry, of which 89% are performing better than NXTT.
- NXTT 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.
- In the last month NXTT has a been trading in the 6.01 - 14.65 range, which is quite wide. It is currently trading near the lows of this range.
NXTT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for NXTT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
6.82
When analyzing the support we notice one important area.
- Support @6.89 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 7.10 to 7.19. This zone is formed by a combination of multiple trend lines and important moving averages in the daily 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 | DOWN | NEGATIVE | The long term trend for NXTT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXTT is down. |
| ChartMill Relative Strength | 0.54 | NEGATIVE | NXTT has a low relative strength, it was outperformed by 99.46% 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) | DOWN | NEGATIVE | The current price of NXTT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXTT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 44.08 | NEUTRAL | The RSI value for NXTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.31 | POSITIVE | The MACD value suggests NXTT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 11.73 | OVERSOLD | The low Stochastics value suggests NXTT may be oversold. |
| Average True Range in percent/ATR (20) | 15.95 | HIGH VOLATILITY | The high ATR as a percentage value for NXTT suggests high volalility. |
| Average Directional Index/ADX (14) | 27.58 | POSITIVE | The high ADX value value for NXTT suggests a strong trend. |
7.1
+0.07 (+1%)
NEXT TECHNOLOGY HOLDING INC / NXTT FAQ
What is the ChartMill technical rating of NEXT TECHNOLOGY HOLDING INC (NXTT) stock?
ChartMill assigns a technical rating of 1 / 10 to NXTT.
What is the current trend direction of NEXT TECHNOLOGY HOLDING INC (NXTT) stock?
The current trend direction for NEXT TECHNOLOGY HOLDING INC (NXTT) is Bearish.
Can you provide the RSI signal for NEXT TECHNOLOGY HOLDING INC?
NEXT TECHNOLOGY HOLDING INC (NXTT) has an RSI value of 44.0809. This indicates that the stock is currently neutral.
What is the short term momentum for NEXT TECHNOLOGY HOLDING INC (NXTT) stock?
The short term momentum for NEXT TECHNOLOGY HOLDING INC (NXTT) is negative.
Can you provide the support and resistance levels for NEXT TECHNOLOGY HOLDING INC?
NEXT TECHNOLOGY HOLDING INC (NXTT) has a support level at 6.89 and a resistance level at 7.1. Check the full technical report for our detailed analysis of NXTT support and resistance levels.