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(NEXTMEDIA) Next Mediaworks complete technical analysis [charts+indicators] | Buy/Sell Next Mediaworks | (NEXTMEDIA) share price targets

Complete technical analysis of Next Mediaworks (NEXTMEDIA) by charts plus indicators, forecast predictions and share price targets for Next Mediaworks (NEXTMEDIA)

10 day averaged volume of Next Mediaworks is 52108

Date Daily Closing Price Open High Low Volume
31 Fri May 2024 6.90 7.10 7.10 6.75 0.084 times
30 Thu May 2024 6.75 7.20 7.25 6.70 0.417 times
29 Wed May 2024 7.00 7.30 7.30 6.95 0.187 times
28 Tue May 2024 7.15 7.30 7.35 7.10 0.093 times
27 Mon May 2024 7.30 7.30 7.45 7.15 0.526 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7, but if it comes above 7, then a intra day buy could be more profitable.
If you take a sell trade below 7, then use 7 as stoploss and 6.7 as target. However if you take a buy trade in stock , then use 7 as stoploss and 7.33 as target.

Share price targets for Next Mediaworks (NEXTMEDIA)

Target Type Value
Downside Target 4.80
Downside Target 5.20
Downside Target 5.80
Downside Target 6.25
Downside Target 6.40
Downside Target 6.70
Downside Target 6.85
Upside Target 7.35
Upside Target 7.85
Upside Target 8.20
Upside Target 8.25
Upside Target 8.35
Upside Target 8.80

Intraday share price targets for Next Mediaworks (NEXTMEDIA)

Target Type Value
Downside Intraday Target 6.58
Downside Intraday Target 6.27
Upside Intraday Target 7.33
Upside Intraday Target 7.77
Upside Intraday Target 7.02

Weekly technical analysis of Next Mediaworks (NEXTMEDIA)

Date Weekly Closing Price Open High Low Volume
31 Fri May 2024 6.90 7.30 7.45 6.70 0.15 times
24 Fri May 2024 7.15 8.05 8.35 7.10 2.082 times
17 Fri May 2024 7.75 7.70 7.90 7.00 2.129 times
10 Fri May 2024 7.45 7.80 7.85 6.90 0.413 times
03 Fri May 2024 7.80 8.00 8.20 6.85 0.498 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Next Mediaworks (NEXTMEDIA)

Date Monthly Closing Price Open High Low Volume
31 Fri May 2024 6.90 7.05 8.35 6.70 1.071 times
30 Tue Apr 2024 7.05 6.30 8.25 6.25 1.893 times
28 Thu Mar 2024 6.45 6.85 7.35 5.80 0.422 times
25 Wed Oct 2023 7.60 5.45 8.80 5.20 2.172 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Next Mediaworks (NEXTMEDIA)

Indicator Name Indicator Value Indicator Signal
ADX 13, 18, 18 Sell
MACD 0, 0Sell
Stochastics 6Sell
CCI -104Buy
RSI 55Buy
OBV 228564Sell
VWAP 8Sell
ADL 0Sell
ROC -11Sell
Force Index 0Sell

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Next Mediaworks stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Next Mediaworks in short term but the sell signal is initial and weak.

Next Mediaworks Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Next Mediaworks in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Next Mediaworks is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 7.6 and Next Mediaworks (NEXTMEDIA) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Next Mediaworks (NEXTMEDIA) stock. Volume based technical analysis of Next Mediaworks (NEXTMEDIA) stock is negative.

Next Mediaworks Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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