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Stock Trend Analysis Report

Prepared for you on Wednesday, July 24, 2024.

Nextracker Inc. (NASDAQ:NXT)

Weak Downtrend (-65) - NXT is showing signs of a strengthening downtrend. Monitor NXT as it may be building momentum to the downside.

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
47.000 48.575 46.670 46.790 -0.350
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 Jun 24th, 2024 at 53.40

short term down The short-term trend has been DOWN since Jul 15th, 2024 at 47.65

Smart Scan Analysis for NXT

Based on our trend formula, NXT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NXT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
47.000 48.575 46.670 46.790 -0.350
Prev. Close Volume Bid Ask Time
47.140 2074943 2024-07-24 15:59:58
52wk High62.3152wk High Date2024-06-13
52wk Low32.1452wk Low Date2023-10-05
Average Volume3,567,949Shares Outstanding141,291
Assets251,878,200MLiabilities155,776,900M
P/E Ratio13.9881
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