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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 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.

NASDAQ_NXT
Open High Low NXT Price Change
44.60 45.86 43.19 43.89 -0.53
Entry Signal

MarketClub’s Trade Triangles for NXT

long term up The long-term trend has been UP since Dec 14th, 2023 at 44.75

intermediate term down The intermediate-term trend has been DOWN since Mar 28th, 2024 at 55.94

short term down The short-term trend has been DOWN since Apr 24th, 2024 at 43.35

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).

-60
Smart Scan Analysis for NXT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
44.60 45.86 43.19 43.89 -0.53
Prev. Close Volume Bid Ask Time
44.42 2505651 2024-04-24 15:59:51
52wk High62.1452wk High Date2024-03-11
52wk Low29.2852wk Low Date2023-05-02
Average Volume3,201,954Shares Outstanding136,542
Assets209,512,500MLiabilities521,213,800M
P/E Ratio2978.5
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