NEXT TECHNOLOGY HOLDING INC (NXTT) Stock Technical Analysis
NASDAQ:NXTT - Nasdaq - US9618842028 - Common Stock - Currency: USD
We assign a technical rating of 4 out of 10 to NXTT. Although NXTT is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
NXTT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXTT is lagging the market.
In the last month NXTT has a been trading in the 1.20 - 2.89 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
NXTT is part of the Software industry. There are 284 other stocks in this industry. NXTT outperforms 95% of them.
NXTT has an average volume of 7813370 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
Looking at the yearly performance, NXTT did better than 97% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
Considerably lower volume is observed in the last couple of days.
NXTT 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.
More info and screens
1.20
2.19
When analyzing the resistance we notice 2 important areas.
- Resistance @1.96 from a trend line in the weekly time frame.
- Resistance @2.17 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 | NEUTRAL | NEUTRAL | The long term trend for NXTT is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXTT is down. |
| ChartMill Relative Strength | 97.75 | POSITIVE | NXTT has a high relative strength, it outperformed 97.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXTT is below a declining 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) | DOWN | NEGATIVE | The current price of NXTT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.73 | NEUTRAL | The RSI value for NXTT is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.14 | NEGATIVE | The MACD value suggests NXTT has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 3.45 | OVERSOLD | The low Stochastics value suggests NXTT may be oversold. |
| Average True Range in percent/ATR (20) | 25.02 | HIGH VOLATILITY | The high ATR as a percentage value for NXTT suggests high volalility. |
| Average Directional Index/ADX (14) | 25.41 | 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)
1.21
-0.1 (-7.63%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorInformation Technology
GICS IndustrySoftware
Performance
% Chg-7.63%
1 Week-11.03%
2 Weeks-36.65%
1 Month-52.36%
3 Month282.43%
6 Month-42.11%
12 Month-71.95%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%25.02%
ATR Inc-63.95%
Range Today0.09
ADR(20)0.29
ADR(20)%24.35%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.75
Mansfield-3.34
10 Day High2.03
10 Day Low1.2
20 Day High2.89
20 Day Low1.2
52 Week High6
52 Week Low0.22
CS1 EndN/A
CR1 Start1.96
Volume & EV
DER(3)-1.62%
DER(5)-1.74%
Volume297.30K
Volume Incr-91.34%
Vol(5)1.65M
Vol(50)7.81M