NEXTNRG INC (NXXT) Technical Analysis
NASDAQ:NXXT • US6529411059
Current stock price
NXXT Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NXXT. NXXT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- 100% of all other stocks performed better in the past year than NXXT.
- NXXT is part of the Oil, Gas & Consumable Fuels industry. There are 209 other stocks in this industry, of which 93% are performing better than NXXT.
- NXXT is currently making a new 52 week low. This is a very bad signal. The S&P500 Index is trading in the upper part of its 52 week range, so NXXT is lagging the market.
- In the last month NXXT has a been trading in the 0.36 - 0.70 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.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
- NXXT has an average volume of 1698970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
NXXT Weekly and Daily overview Charts
NXXT Setup Rating and Analysis
The technical rating of NXXT 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.
More info and screens
NXXT Support and Resistance Analysis
NXXT 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.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NXXT is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXXT is down. |
| ChartMill Relative Strength | 0.9 | NEGATIVE | NXXT has a low relative strength, it was outperformed by 99.1% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXXT is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXXT is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXXT is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 20.16 | OVERSOLD | The low RSI value suggests NXXT may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXXT has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 6.85 | OVERSOLD | The low Stochastics value suggests NXXT may be oversold. |
| Average True Range in percent/ATR (20) | 16.55 | HIGH VOLATILITY | The high ATR as a percentage value for NXXT suggests high volalility. |
| Average Directional Index/ADX (14) | 39.07 | POSITIVE | The high ADX value value for NXXT suggests a strong trend. |
NXXT Chart- and CandleStick Pattern Analysis
NXXT Technicals: Chart, Performance Metrics, Trend & Indicators
0.3742
-0.01 (-3.41%)
NEXTNRG INC / NXXT TA FAQ
Can you provide the ChartMill technical rating for NEXTNRG INC?
ChartMill assigns a technical rating of 0 / 10 to NXXT.
What is the current trend direction of NEXTNRG INC (NXXT) stock?
The current trend direction for NEXTNRG INC (NXXT) is Bearish.
Can you provide the RSI signal for NEXTNRG INC?
NEXTNRG INC (NXXT) has an RSI value of 20.1582. This indicates that the stock is currently oversold.
What is the short term momentum for NEXTNRG INC (NXXT) stock?
The short term momentum for NEXTNRG INC (NXXT) is negative.
What is the buy/sell signal for NXXT stock?
The buy/sell signal for NEXTNRG INC (NXXT) is sell as both the short term and long term trends are negative.