NEXTENSA

- EUR (-)

- 15 min delayed data - Euronext Bruxelles

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	NEXTA
ISIN:	BE0003770840

NEXTENSA - Daily - Technical analysis published on 04/11/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bearish

Technical indicators

72%

22%

My opinion

Bearish under 46.08 EUR

My targets

41.62 EUR (-3.99%)

38.85 EUR (-10.38%)

My analysis

Has the basic bearish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bearish trend or a rebound. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the resistance located at 46.08 EUR remains possible. It is advisable to trade NEXTENSA with the greatest caution, while favouring short positions (for sale) as long as the price remains well below 46.08 EUR. The next bearish objective for sellers is set at 41.62 EUR. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 38.85 EUR. In case of crossing, the next objective would be the support located at 34.58 EUR. PS: if there is a bullish break in the resistance located at 46.08 EUR we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bullish in the short term and the bearish trend would certainly be mitigated.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.

Force

0.4

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The NEXTENSA price is 43.35 EUR. The price registered an increase of +5.73% on the session with the lowest point at 41.05 EUR and the highest point at 44.05 EUR. The deviation from the price is +5.60% for the low point and -1.59% for the high point.

41.05

44.05

43.35

A study of price movements over other periods shows the following variations:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of NEXTENSA in Daily shows an overall bearish trend. 71.43% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : Daily

In fact, 13 technical indicators on 18 studied are currently positioned bullish. But beware of excesses. The Central Indicators scanner currently detects this:

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

SuperTrend indicator bullish reversal

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found these results:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	34.58	38.85	41.62	43.35	46.08	50.70	54.40
Change (%)	-20.23%	-10.38%	-3.99%	-	+6.30%	+16.96%	+25.49%
Change	-8.77	-4.50	-1.73	-	+2.73	+7.35	+11.05
Level	Intermediate	Major	Intermediate	-	Major	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	38.58	39.82	41.58	42.82	44.58	45.82	47.58
Camarilla	42.53	42.80	43.08	43.35	43.63	43.90	44.18
Woodie	38.85	39.95	41.85	42.95	44.85	45.95	47.85
Fibonacci	39.82	40.96	41.67	42.82	43.96	44.67	45.82

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	37.98	38.62	39.13	39.77	40.28	40.92	41.43
Camarilla	39.33	39.44	39.55	39.65	39.76	39.86	39.97
Woodie	37.93	38.59	39.08	39.74	40.23	40.89	41.38
Fibonacci	38.62	39.06	39.33	39.77	40.21	40.48	40.92

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	21.78	29.42	34.53	42.17	47.28	54.92	60.03
Camarilla	36.14	37.31	38.48	39.65	40.82	41.99	43.16
Woodie	20.53	28.79	33.28	41.54	46.03	54.29	58.78
Fibonacci	29.42	34.29	37.30	42.17	47.04	50.05	54.92

Numerical data

The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:

Technical indicators

Moving averages

RSI (14):	55.77
MACD (12,26,9):	-1.2600
Directional Movement:	9.06
AROON (14):	92.86
DEMA (21):	39.54
Parabolic SAR (0,02-0,02-0,2):	37.61
Elder Ray (13):	1.65
Super Trend (3,10):	38.51
Zig ZAG (10):	43.35
VORTEX (21):	0.8900
Stochastique (14,3,5):	63.65
TEMA (21):	39.77
Williams %R (14):	-10.00
Chande Momentum Oscillator (20):	3.55
Repulse (5,40,3):	6.6900
ROCnROLL:	-1
TRIX (15,9):	-0.6200
Courbe Coppock:	5.72

MA7:	40.49
MA20:	40.83
MA50:	45.06
MA100:	47.10
MAexp7:	40.95
MAexp20:	41.49
MAexp50:	44.14
MAexp100:	46.86
Price / MA7:	+7.06%
Price / MA20:	+6.17%
Price / MA50:	-3.79%
Price / MA100:	-7.96%
Price / MAexp7:	+5.86%
Price / MAexp20:	+4.48%
Price / MAexp50:	-1.79%
Price / MAexp100:	-7.49%

Quotes : - 15 min delayed data - Euronext Bruxelles

News

Don't forget to follow the news on NEXTENSA. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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