NXT | Australian Stock Exchange

Nextdc
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Bearish trading conditions for Nextdc has been signalled from the DPO (-0.548)
Detrended Price Oscillator /
Bearish trading conditions for Nextdc has been signalled from the DPO (-0.548)

[BEARISH]: Nextdc currently has a confirmed downtrend. Price is currently below the displaced moving average for NXT. Currently, the return on DPO20 is -1.0%.

Market conditions are indicating distribution is current for NXT
Accumulation / Distribution /
Market conditions are indicating distribution is current for NXT

[BEARISH]: Nextdc current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.76596e+007.

Simple Moving Average /
[Downtrend]: Recent trading for NXT confirms bearish SMA(5) signal

[BEARISH]: Nextdc currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.0%.

Long Black Candle /
NXT Basic Candle: Long Black

[BEARISH]: Nextdc has formed a Long Black candlestick. This means, NXT has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Rate of Change /
Negative ROC for Nextdc is a leading indicator for continued price fall

[BEARISH]: Nextdc currently has negative rate of change of -4.927%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Percentage Volume /
Nextdc: Percentage Volume Oscillator (-4.79)

NXT: PVO Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BULLISH CROSSOVER

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Sine Weighted Moving Average /
Price is now trading below the Sine Weighted Moving Average(5) for NXT

[BEARISH]: Nextdc currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.0%.

Nextdc has moved above the R1 DeMark pivot point ($7.17) [Bullish]
Demarks Pivot Points /
Nextdc has moved above the R1 DeMark pivot point ($7.17) [Bullish]

Nextdc has broken the first DeMark resistance point ($7.1700) [Bullish]. Look for a long limit order entry near this point. Exit price for NXT should be set @$7.2 & Stoploss for Nextdc should be set at $7.08

Traders are currently Distributing Nextdc
On Balance Volume /
Traders are currently Distributing Nextdc

[BEARISH]: Nextdc current price has highlighted recent distribution. Currently, the OBV is -6.38338e+006.

Low Price /
low for NXT has not surpassed the low of the previous trading session

[BULLISH]: Nextdc current downtrend in the first timeframe. Currently, the Low is $7.14 (-0.3 %).

Exponential Moving Average /
[Bearish]: Trend following indicator for NXT highlights downward price direction is likely

[BEARISH]: Nextdc currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.0%.

Open Tod Vs Close Tod /
Nextdc: Over the last 12 months there has been 41 trading days giving a confirmation ratio of 15.6%.

[BEARISH STRONG]: Nextdc opened in the upper part of daily range at 83.3% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 41 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 15.6%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 33.3%.

Nextdc: Volume rate of Change (14) Crossover
Volume Rate of Change /
Nextdc: Volume rate of Change (14) Crossover

[BEARISH CROSSOVER]: Nextdc currently has negative rate of change of -43%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1%.

The Volume MACD for NXT is losing momentum through a fall on the short term EMA
MACD Volume /
The Volume MACD for NXT is losing momentum through a fall on the short term EMA

NXT: Volume MACD Recent Trading -> (1) 20 Jul: -382906 (2) 19 Jul: -350764 (3) 18 Jul: -297683

MACD /
MACD oscillator remains negative for NXT

[BEARISH]: Nextdc currently has negative MACD of -0.0076. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.1%.

Average Directional Movement /
Nextdc: Average Directional Index (20.13) has confirmed a weak trend is present

NXT: Average Directional Index Current Signal -> (1) 20 Jul: TREND WEAK (2) 19 Jul: TREND WEAK (3) 18 Jul: TREND WEAK

Woodie Pivot Point /
[Short]: Limit orders for Nextdc should be set at $7.08

Nextdc has broken the first Woodie resistance point ($7.2) [Bullish]. Look for a long limit order entry near this point. Exit price for NXT should be set @$7.29 & Stoploss for Nextdc should be set at $7.05

Nextdc has moved above the 161.8% extension level ($1.29) [Bearish]
Fibonacci Extensions /
Nextdc has moved above the 161.8% extension level ($1.29) [Bearish]

Nextdc has moved above the 161.8% level ($1.29) [Bearish]. Look for a short limit order entry near this point. Exit price for NXT should be set @$1.15 & short position stoploss for Nextdc should be set at $1.43

Second timeframe trend of Nextdc remains as an Downtrend
Medium Trend /
Second timeframe trend of Nextdc remains as an Downtrend

[BEARISH]: Nextdc is in an downtrend in the medium term timeframe. The current rally number is 4 & the highest rally count for the LTM is 4. The highest rally for the month is 15

Sellers are now keener than buyers for Nextdc & are driving the price down.
Close Tod Vs Close Yest /
Sellers are now keener than buyers for Nextdc & are driving the price down.

[BEARISH]: Nextdcsellers are keener than buyers and are driving the price down. This is the first day of price decline for NXT adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -3.7 & the greatest daily negative change this year has been -5.1. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -5.1%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -1.300000%

Price Range /
Nextdc: Daily price tange is $0.12 [Increasing Range]

[BULLISH]: Nextdc current uptrend in the first timeframe. Currently, the Range is $0.12.

Aroon Oscillator /
Nextdc: ARO(-48) has signalled a downtrend is current

[BEARISH]: Nextdc has a current ARU(25) of 20 and a current ARD(25) of 68

Close Tod Vs Range Tod /
Trading for Nextdc highlights the commitment of sellers to carry positions overnight.

NXT: Close versus price range Current Signal ->(1) 20 Jul: BEARISH (2) 19 Jul: BULLISH (3) 18 Jul: NEUTRAL

Long Trend /
Nextdc has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Nextdc has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the May 9 2018.

[Bearish]: Lower volume has formed for NXT by -28.0 during the last trading session
Volume /
[Bearish]: Lower volume has formed for NXT by -28.0 during the last trading session

NXT: VOLUME Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

Momentum is now reducing for Nextdc signalling a short term downtrend is likely
Momentum /
Momentum is now reducing for Nextdc signalling a short term downtrend is likely

[BEARISH CROSSOVER]: Nextdc currently has negative momentum of -0.14 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -1%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -4.2%.

Percentage Price /
The current price is still losing momentum through a fall for NXT on the short term EMA.

[BEARISH]: Nextdc currently has negative PPO -1.592%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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