Technical Analysis for NXT - Nextracker Inc.

Grade Last Price % Change Price Change
B 36.26 4.35% 1.51
NXT closed up 4.35 percent on Friday, March 31, 2023, on approximately normal volume. The bulls were able to push the stock to a new 52-week high.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A N/A Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Up 4 Days in a Row Strength 0.00%
Up 5 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
New 52 Week Closing High Bullish 4.35%
New 52 Week High Strength 4.35%

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Profile

Nextracker Inc. Description

Nextracker Inc., an energy solutions company, provides solar tracker solutions for PV projects. The company offers solar trackers, such as Bifacial PV modules for large-scale solar; NX Horizon for solar power plants; NX Gemini two-in-portrait solar tracker that optimizes lifetime value and performance of power plants for project developers and asset owners; and NX Horizon — XTR, an all-terrain solar tracker. It also provides TrueCapture, an intelligent and self-adjusting tracker control system for PV power plants; and NX Navigator, an operational control and risk mitigation software. Nextracker Inc. was incorporated in 2013 and is based in Fremont, California with additional offices in Australia, Brazil, China, India, Mexico, Spain, and United States. Nextracker Inc. operates as a subsidiary of Flex Ltd.


Classification

Sector: Technology
Industry: Solar
Keywords: Photovoltaics Solar Power Solar Panel Energy Solutions Solar Tracker

Is NXT a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 37.83
52 Week Low 28.2401
Average Volume 1,627,917
200-Day Moving Average 0.00
50-Day Moving Average 0.00
20-Day Moving Average 31.95
10-Day Moving Average 32.33
Average True Range 2.29
RSI 68.05
ADX 24.06
+DI 33.14
-DI 10.99
Chandelier Exit (Long, 3 ATRs) 30.97
Chandelier Exit (Short, 3 ATRs) 35.10
Upper Bollinger Bands 35.53
Lower Bollinger Band 28.38
Percent B (%b) 1.1
BandWidth 22.38
MACD Line 0.72
MACD Signal Line 0.20
MACD Histogram 0.5232
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 40.76
Resistance 3 (R3) 40.78 39.31 40.01
Resistance 2 (R2) 39.31 38.16 39.30 39.76
Resistance 1 (R1) 37.78 37.45 38.55 37.76 39.51
Pivot Point 36.31 36.31 36.69 36.30 36.31
Support 1 (S1) 34.78 35.16 35.55 34.76 33.01
Support 2 (S2) 33.31 34.45 33.30 32.76
Support 3 (S3) 31.78 33.31 32.51
Support 4 (S4) 31.76