NEXTDECADE CORP. - 1H - Technical analysis published on 03/25/2022 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : TARGET REACHED
Analysis too old. There are no more charts available.
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
89%
0%
11%
My opinion
Bullish above 5.39 USD
My targets
5.56 USD (+0.91%)
6.62 USD (+20.15%)
My analysis
NEXTDECADE CORP. is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 5.39 USD. The next resistance located at 5.56 USD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 6.62 USD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.9
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.
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Additional analysis
Quotes
The NEXTDECADE CORP. rating is 5.51 USD. On the day, this instrument gained +14.55% with the lowest point at 4.81 USD and the highest point at 5.62 USD. The deviation from the price is +14.55% for the low point and -1.96% for the high point.4.81
5.62
5.51
The Central Gaps scanner detects the formation of a bullish gap marking the strong presence of buyers against sellers at the opening. This formed a quotation gap.
Opening Gap UP
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in 1H of this NEXTDECADE CORP. chart shows a strongly bullish trend. 92.86% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, according to the parameters integrated into the Central Analyzer system, 16 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : 1 hour
Previous candle closed over Bollinger bands
Type : Neutral
Timeframe : 1 hour
RSI indicator: bearish divergence
Type : Bearish
Timeframe : 1 hour
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : 1 hour
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these bullish signals that could support the hypothesis of a small rebound in the very short term:
Bullish harami
Type : Bullish
Timeframe : 1 hour
Bullish harami cross
Type : Bullish
Timeframe : 1 hour
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 4.27 | 4.60 | 4.90 | 5.51 | 5.56 | 6.62 |
| Change (%) | -22.50% | -16.52% | -11.07% | - | +0.91% | +20.15% |
| Change | -1.24 | -0.91 | -0.61 | - | +0.05 | +1.11 |
| Level | Intermediate | Intermediate | Minor | - | Minor | Major |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.76 | 4.03 | 4.42 | 4.69 | 5.08 | 5.35 | 5.74 |
| Camarilla | 4.63 | 4.69 | 4.75 | 4.81 | 4.87 | 4.93 | 4.99 |
| Woodie | 3.82 | 4.06 | 4.48 | 4.72 | 5.14 | 5.38 | 5.80 |
| Fibonacci | 4.03 | 4.28 | 4.44 | 4.69 | 4.94 | 5.10 | 5.35 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.37 | 2.71 | 3.15 | 3.49 | 3.93 | 4.27 | 4.71 |
| Camarilla | 3.37 | 3.44 | 3.51 | 3.58 | 3.65 | 3.72 | 3.80 |
| Woodie | 2.41 | 2.74 | 3.19 | 3.52 | 3.97 | 4.30 | 4.75 |
| Fibonacci | 2.71 | 3.01 | 3.20 | 3.49 | 3.79 | 3.98 | 4.27 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 1.01 | 1.55 | 2.47 | 3.01 | 3.93 | 4.47 | 5.39 |
| Camarilla | 2.99 | 3.12 | 3.26 | 3.39 | 3.52 | 3.66 | 3.79 |
| Woodie | 1.20 | 1.65 | 2.66 | 3.11 | 4.12 | 4.57 | 5.58 |
| Fibonacci | 1.55 | 2.11 | 2.45 | 3.01 | 3.57 | 3.91 | 4.47 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 73.15 | |
| MACD (12,26,9): | 0.2800 | |
| Directional Movement: | 43.33 | |
| AROON (14): | 85.71 | |
| DEMA (21): | 4.65 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.32 | |
| Elder Ray (13): | 0.29 | |
| Super Trend (3,10): | 4.24 | |
| Zig ZAG (10): | 4.81 | |
| VORTEX (21): | 1.2100 | |
| Stochastique (14,3,5): | 86.59 | |
| TEMA (21): | 4.81 | |
| Williams %R (14): | -13.64 | |
| Chande Momentum Oscillator (20): | 0.81 | |
| Repulse (5,40,3): | 1.8700 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.7800 | |
| Courbe Coppock: | 41.26 |
| MA7: | 3.90 | |
| MA20: | 3.66 | |
| MA50: | 2.87 | |
| MA100: | 3.07 | |
| MAexp7: | 4.65 | |
| MAexp20: | 4.32 | |
| MAexp50: | 3.99 | |
| MAexp100: | 3.74 | |
| Price / MA7: | +41.28% | |
| Price / MA20: | +50.55% | |
| Price / MA50: | +91.99% | |
| Price / MA100: | +79.48% | |
| Price / MAexp7: | +18.49% | |
| Price / MAexp20: | +27.55% | |
| Price / MAexp50: | +38.10% | |
| Price / MAexp100: | +47.33% |
Quotes :
-
15 min delayed data
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NASDAQ Stocks
News
The last news published on NEXTDECADE CORP. at the time of the generation of this analysis was as follows:
- NextDecade Comments on Recent Court Actions
- NextDecade Announces Issuance of Preferred Equity
- NextDecade Announces Executive Officer Appointments
- NextDecade and Project Canary Launch GHG Measurement and Certification Framework, First for Global LNG Industry
- NextDecade and Mitsubishi Heavy Industries America Execute Engineering Services Agreement for Carbon Capture at Rio Grande LNG Project in Texas
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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