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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Nextracker Inc. (NASDAQ:NXT)
Crossroads (-60) - NXT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NXT
The long-term trend has been UP since Dec 14th, 2023 at 44.75
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 55.94
The short-term trend has been DOWN since May 8th, 2024 at 45.21
Smart Scan Analysis for NXT
Based on our trend formula, NXT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 45.200 | 45.330 | 42.140 | 43.705 | -2.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 43.730 | 5435067 | 2024-05-08 15:59:34 |
| 52wk High | 62.14 | 52wk High Date | 2024-03-11 |
| 52wk Low | 32.14 | 52wk Low Date | 2023-10-05 |
| Average Volume | 3,068,208 | Shares Outstanding | 136,542 |
| Assets | 209,512,500M | Liabilities | 521,213,800M |
| P/E Ratio | 2978.5 |