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Stock Trend Analysis Report

Prepared for you on Thursday, May 9, 2024.

NextPlat Corp (NASDAQ:NXPL)

Long-Term Downtrend (-90) - NXPL is in a strong downtrend that is likely to continue. While NXPL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NXPL?

MarketClub looks at technical strength and momentum to determine if the timing is right for NXPL.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NXPL
Open High Low NXPL Price Change
1.2100 1.2600 1.2000 1.2413 +0.0313
Entry Signal

MarketClub’s Trade Triangles for NXPL

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 1.2101

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1.3400

short term down The short-term trend has been DOWN since May 3rd, 2024 at 1.2300

Smart Scan Analysis for NXPL

Based on our trend formula, NXPL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NXPL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2100 1.2600 1.2000 1.2413 +0.0313
Prev. Close Volume Bid Ask Time
1.2300 79614 2024-05-08 15:59:25
52wk High3.1252wk High Date2023-06-09
52wk Low1.1452wk Low Date2024-04-25
Average Volume2,648,302Shares Outstanding18,725
Assets64,469,000MLiabilities32,285,000M
P/E Ratio1.6826
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