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Stock Trend Analysis Report

Prepared for you on Wednesday, December 4, 2024.

Nextracker Inc. (NASDAQ:NXT)

Sidelines Mode (+55) - NXT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
39.58 40.03 38.53 39.16 -0.73
Entry Signal

MarketClub’s Trade Triangles for NXT

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 42.0900

intermediate term up The intermediate-term trend has been UP since Oct 31st, 2024 at 36.5447

short term down The short-term trend has been DOWN since Nov 29th, 2024 at 38.4100

Smart Scan Analysis for NXT

Based on our trend formula, NXT is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NXT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
39.58 40.03 38.53 39.16 -0.73
Prev. Close Volume Bid Ask Time
39.14 1381198 2024-12-03 15:59:36
52wk High62.3152wk High Date2024-06-13
52wk Low30.9352wk Low Date2024-10-24
Average Volume2,724,224Shares Outstanding143,640
Assets276,865,900MLiabilities150,266,000M
P/E Ratio9.9476
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