NEXT Technical Signal Analysis

NEXT have 4 buy signals and 7 sell signals now. The current trend is downtrend starting from 2025-03-03. The total price change during this trend is -21.76%. Recently, the price has decreased with an increase in volume, indicating a strong bearish signal. The average turnover of NEXT over last 5 trading day is $17,306,130.97

4 Bullish Signal

vs

7 Bearish Signal

Name

Signal

Value

Meaning

Stochastic Oscillator %K (14, 3, 3)

STOCHk_14_3_3 < 20

13.5

Bullish

Commodity Channel Index (20 days, 0.015 constant)

CCI_20_0.015 < -100

-169.53

Bullish

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

STOCHRSIk_14_14_3_3 < 20

5.18

Bullish

Williams %R (14 days)

WILLR_14 < -80

-98.65

Bullish

Name

Signal

Value

Meaning

Awesome Oscillator (5, 34)

AO_5_34 < 0

-0.49

Bearish

Momentum (10 days)

MOM_10 < 0

-3.35

Bearish

Moving Average Convergence Divergence (12, 26, 9)

MACD_12_26_9 < 0

-0.17

Bearish

Closing price

close < fibonacci_S1

5.68

Bearish

Moving Average

Price crosses below 200-day SMA

--

Bearish

Moving Average

Price crosses below 250-day SMA

--

Bearish

Moving Average

200-day SMA crosses below 250-day SMA

--

Bearish

NEXT Support and Resistance Level

The support levels for NEXT are at 6.24, 5.27, and 3.71, while the resistance levels are at 9.36, 10.32, and 11.88. With the current stock price at 5.68, it is leaning more toward the support levels.

NEXT Technical Analysis

Technical Analysis of NEXT Stock

Current Price and Key Levels:

  • Current Price: $7.21
  • Fibonacci Pivot: $7.37
  • Resistance Levels: $8.02, $8.43, $9.08
  • Support Levels: $6.72, $6.31, $5.66

Technical Indicators:

  • RSI (6, 12, 14): 50.48, 46.16, 46.05 (Neutral)
  • Stochastic Oscillator (K, D): 26.57, 19.32 (Oversold)
  • MACD: -0.26 (Slightly Bearish)
  • Bollinger Bands: Near the lower band, suggesting potential undervaluation.

Moving Averages:

  • 20-Day SMA: $7.52 (Current price is slightly below)
  • 50-Day SMA: $7.75 (Resistance)
  • 200-Day SMA: $6.81 (Support)

Volume and Momentum:

  • Volume: 1,142,650 (Moderate, not showing strong buying pressure)
  • Pre-Market: +1.87%
  • Regular Market: +3.88%
  • Post-Market: -0.14%

Options Activity:

  • High call option activity, particularly for the $8 strike expiring in April, suggesting bullish sentiment.

Conclusion:

The stock is near the lower Bollinger Band and oversold according to the Stochastic Oscillator, indicating a potential buy opportunity. However, the MACD and moving averages suggest caution.

Recommendation: BUY at $7.21 with a target of $8.02 and stop-loss at $6.72.

NEXT FAQs

Which bull technical signals does NEXT have?

Bullish technical signals of NEXT include: STOCHk_14_3_3 < 20, CCI_20_0.015 < -100, STOCHRSIk_14_14_3_3 < 20, WILLR_14 < -80.

Which bearish technical signals does NEXT have?

How reliable is technical analysis?

How can I use moving averages to set entry and exit points for NEXT stock?

Is NEXT a buy based on overall technical signals summary?

NEXT Buy or Sell

NEXT has 4 buy signals and 7 sell signals now. Overall the technical rating for NEXT is Sell.

StrongSellSellNeutralBuyStrongBuy
Sell
Sell
7
Buy
4

NEXT Moving Average

This analysis outlines the stock's performance across different time frames using Simple Moving Averages (SMA). In the swing, the stock shows a negative trend with the 5.68 below the SMA_5. In the short term, the stock shows a negative trend with the 7.27 below the SMA_20. In the mid term, the stock shows a negative trend with the 7.9 below the SMA_60. In the long term, the stock shows a positive trend with the 8 above the SMA_200.

Swing

Negative

Stock Price Below SMA_5

Short Term

Negative

SMA_5 Below SMA_20

Mid Term

Negative

SMA_20 Below SMA_60

Long Term

Positive

SMA_60 Above SMA_200

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