NEXN Stock Price Prediction

Nexxen International Ltd

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10.070

+0.140(+1.410%)

Overview
Forecast
Valuation

Should I Buy Nexxen International Ltd Stock?

Based on our evaluation of the five key dimensions—Technical Signals, Moving Average trends, Short Sell Data, Similar Chart Pattern Matching and Seasonality Analysis—we have identified the following insights. NEXN has several positive signals and is within a rising trend, so we believe it will perform strongly in the next couple of days or weeks. We therefore hold a positive evaluation of this stock. Our analysis conclusion for this stock is a Strong Buy candidate.

NEXN stock price ended at $10.07 on Thursday, after rising 1.41%

The Nexxen International Ltd stock price increased by 1.41% on the last trading day (01 May 2025), rising from 9.82 to 10.07. Throughout the last trading session, the stock experienced a fluctuation of 3.94% , ranging from a day low of $9.76 to a day high of 10.145. The price has declined in 1 of the last 10 days, resulting in a total change of 13.79% during this period. On the last day, trading volume decrease by 318.28K shares, with the rising prices. This could serve as an early warning, indicating that risk may slightly increase in the coming days. In total, 570.91K shares were traded, amounting to approximately 5.69M.

NEXN Technical Signals

NEXN(Nexxen International Ltd Corp) has 4 buy signals and 5 sell signals now. The current trend is uptrend starting from 2025-04-07. The total price change during this trend is +32.33%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of NEXN over the last 5 trading days is 3.72M. Overall, the technical indicator signals lean more toward a Neutral outlook in the mid-term.

NEXN Moving Average Analysis

Nexxen International Ltd's overall moving average trend leans more bullish as of Friday, May 2, 2025, with 0 negative signals and 4 positive signal. In the mid-term, the SMA_20 being above the SMA_60 signals a strong bullish trend. There will be some resistance from the lines at $10.28994, and $10.798. A break-up above any of these levels will issue buy signals. There will be some support from the lines at $8.64606, and $8.138. A break-down below any of these levels will issue sell signals.

NEXN Short Selling Analysis

The short sale ratio of Nexxen International Ltd(NEXN) as of 30 Apr 2025 is 18.61%, dropping from last trading day. With decreasing price from 9.87 to 9.93. The short sell activity indicate that short sellers may be experiencing short cover.

Technical Signal

Technical Signals Summary

Neutral

Sell

Buy

Moving Average

Swing

Positive

Stock Price Above SMA_5

Short Term

Positive

SMA_5 Above SMA_20

Mid Term

Positive

SMA_20 Above SMA_60

Long Term

Positive

SMA_60 Above SMA_200

Short Selling

Close Price

Short Sale Ratio

Short Sale Volume

4 Bullish Signals

When Value satisfies Signal, Indicator signals Bullish

Indicators

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 > 0

1.341

Bullish

Momentum (10 days)

MOM_10 > 0

1.22

Bullish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 > 0

0.443

Bullish

Closing price

close > fibonacci_R1

10.07

Bullish

5 Bearish Signals

When Value satisfies Signal, Indicator signals Bearish

Indicators

Signal

Value

Meaning

Relative Strength Index (14 days)

RSI_14 > 70

70.782

Bearish

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 > 80

95.397

Bearish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 > 100

138.922

Bearish

Stochastic RSI %K (14, 14, 3, 3)

STOCHRSIk_14_14_3_3 > 80

100

Bearish

Williams %R (14 days)

WILLR_14 > -20

-4.11

Bearish

NEXN Price Prediction & Forecast by Similar Chart Analysis

Based on historical patterns and backtesting of stocks with similar movements to Nexxen International Ltd(NEXN), our algorithm predicts NEXN's 1-month price at $12.17, with an 26.94%upwardshift. Using a similarity score up to 96.85%and other factors, This forecast updates weekly, adjusting for significant deviations.

Similar Chart

The price prediction chart for Nexxen International Ltd (NEXN.O) stock, as of Sunday, April 27, 2025 , forecasts a 26.94% change over the next month, based on its high correlation with MMI.N stock patterns. The similarity between their price movements over the analyzed periods is 96.85%. The right panel lists other stocks with similar price patterns. This prediction is updated every week.

NEXN

Future prediction

Up: 26.94%

MMI

Up: 26.94%Similarity: 96.85%

Name

Similarity

Up/Down

MMI.N

96.85%

+26.94%

MCB.N

96.79%

-4.04%

SFM.O

96.78%

+2.16%

VRE.N

96.50%

+1.69%

OESX.O

96.40%

-46.52%

WBD.O

96.20%

-16.58%

NIC.N

96.20%

-4.81%

CATY.O

96.18%

+5.61%

CHPT.N

96.16%

-34.91%

MCS.N

96.06%

+33.73%

NEXN Seasonality Analysis

Based on NEXN's historical stock price data across all years, the probability of a positive return in May is100.00%, suggesting it maybe an ideal month to invest in NEXN. In contrast,Mayoffers the highest probability of positive returns at100.00%, making it a potentially strong month for investment.

However, this is only a prediction based on one method, and a comprehensive assessment of the stock's future trend should consider additional factors. Our final stock price commentary incorporates three main evaluation dimensions: technical signals, Moving Average trends, and similar chart pattern matching, with the first two dimensions carrying the primary weight to ensure a more robust and accurate forecast.

Monthly Seasonality

The radar chart shows that buying Nexxen International Ltd (NEXN.O) stock in May has the highest probability of a positive return (100.00%), while January has the lowest probability (25.00%).

Performance Seasonality

The chart shows Nexxen International Ltd. (NEXN)'s annual stock price return for the past three years, helping you analyze price trends and identify recurring trends on an annual basis.