NEXTDECADE CORP. - Weekly - Technical analysis published on 03/25/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 4.90 USD
My targets
6.62 USD (+19.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on NEXTDECADE CORP. as long as the price remains well above 4.90 USD. The buyers' bullish objective is set at 6.62 USD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. 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
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This analysis was given by aba0550. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The NEXTDECADE CORP. rating is 5.53 USD. The price is up +54.47% over 5 days with the lowest point at 3.66 USD and the highest point at 4.11 USD. The deviation from the price is +51.30% for the low point and +34.55% for the high point.3.66
4.11
5.53
A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.
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
Technical analysis of this Weekly chart of NEXTDECADE CORP. indicates that the overall trend is strongly bullish. 85.71% 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 market scanner is currently detecting a bullish signal that could impact this trend:
Moving Average bullish crossovers : MA20 & MA50
Type : Bullish
Timeframe : Weekly
In fact, 15 technical indicators on 18 studied are currently bullish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is overbought : over 70
Type : Neutral
Timeframe : Weekly
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Weekly
Ichimoku : price is over the cloud
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Long white line
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.17 | 4.09 | 4.90 | 5.53 | 5.56 | 6.62 |
| Change (%) | -42.68% | -26.04% | -11.39% | - | +0.54% | +19.71% |
| Change | -2.36 | -1.44 | -0.63 | - | +0.03 | +1.09 |
| Level | Major | 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 are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 69.09 | |
| MACD (12,26,9): | 0.1800 | |
| Directional Movement: | 20.68 | |
| AROON (14): | 57.14 | |
| DEMA (21): | 3.34 | |
| Parabolic SAR (0,02-0,02-0,2): | 2.28 | |
| Elder Ray (13): | 1.02 | |
| Super Trend (3,10): | 2.33 | |
| Zig ZAG (10): | 4.81 | |
| VORTEX (21): | 1.0100 | |
| Stochastique (14,3,5): | 81.52 | |
| TEMA (21): | 3.50 | |
| Williams %R (14): | -5.21 | |
| Chande Momentum Oscillator (20): | 1.96 | |
| Repulse (5,40,3): | 41.1200 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.2000 | |
| Courbe Coppock: | 22.50 |
| MA7: | 3.90 | |
| MA20: | 3.66 | |
| MA50: | 2.87 | |
| MA100: | 3.07 | |
| MAexp7: | 3.60 | |
| MAexp20: | 3.18 | |
| MAexp50: | 3.04 | |
| MAexp100: | 3.22 | |
| Price / MA7: | +41.79% | |
| Price / MA20: | +51.09% | |
| Price / MA50: | +92.68% | |
| Price / MA100: | +80.13% | |
| Price / MAexp7: | +53.61% | |
| Price / MAexp20: | +73.90% | |
| Price / MAexp50: | +81.91% | |
| Price / MAexp100: | +71.74% |
Quotes :
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15 min delayed data
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NASDAQ Stocks
News
The latest news and videos published on NEXTDECADE CORP. at the time of the analysis were 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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