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

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

Showing technical analysis as on 2024-02-09 View latest technical analysis

10 day averaged volume of Next Mediaworks is 8079

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	6.10	6.10	6.10	6.10	3.263 times
08 Thu Feb 2024	6.20	6.10	6.20	6.10	2.029 times
07 Wed Feb 2024	6.20	6.15	6.20	6.10	0.722 times
06 Tue Feb 2024	6.15	6.20	6.20	6.15	2.065 times
05 Mon Feb 2024	6.25	6.25	6.25	6.25	0.898 times
02 Fri Feb 2024	6.35	6.45	6.55	6.35	0.869 times
01 Thu Feb 2024	6.45	6.45	6.45	6.45	1.153 times
31 Wed Jan 2024	6.55	6.55	6.55	6.55	0.262 times
30 Tue Jan 2024	6.65	6.65	6.65	6.65	1.191 times
29 Mon Jan 2024	6.75	6.75	6.75	6.75	0.256 times

Stock of Next Mediaworks (NEXTMEDIA_BE) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.3, but if it comes above 6.3, then a intra day buy could be more profitable.
If you take a sell trade below 6.3, then use 6.3 as stoploss and 5.5 as target. However if you take a buy trade in stock , then use 6.3 as stoploss and 6.92 as target.

Share price targets for Next Mediaworks (NEXTMEDIA_BE)

Target Type	Value
Downside Target	6.10
Upside Target	6.25
Upside Target	6.55
Upside Target	7.25
Upside Target	7.40
Upside Target	8.00
Upside Target	8.20
Upside Target	8.30
Upside Target	8.65

Intraday share price targets for Next Mediaworks (NEXTMEDIA_BE)

Target Type	Value
Downside Intraday Target	6.05
Downside Intraday Target	6
Upside Intraday Target	6.2
Upside Intraday Target	6.3
Upside Intraday Target	6.15

Weekly technical analysis of Next Mediaworks (NEXTMEDIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	6.10	6.25	6.25	6.10	2.406 times
02 Fri Feb 2024	6.35	6.75	6.75	6.35	2.519 times
25 Thu Jan 2024	6.85	7.40	7.40	6.85	0.793 times
19 Fri Jan 2024	7.40	8.00	8.00	7.40	0.063 times
12 Fri Jan 2024	8.15	7.00	8.30	6.55	1.519 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Next Mediaworks (NEXTMEDIA_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Feb 2024	6.10	6.45	6.55	6.10	0.204 times
31 Wed Jan 2024	6.55	6.40	8.30	6.25	1.456 times
29 Fri Dec 2023	6.20	6.75	7.25	6.10	1.099 times
30 Thu Nov 2023	6.90	7.95	8.20	6.65	2.491 times

Scroll below to view daily charts

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_BE)

Price action analysis of Next Mediaworks ( (NEXTMEDIA_BE) ) 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_BE) ) 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_BE) ) based on a mid to longer 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.

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

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

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 below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Next Mediaworks in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 6.26 and Next Mediaworks (NEXTMEDIA_BE) 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_BE) stock. Volume based technical analysis of Next Mediaworks (NEXTMEDIA_BE) stock is negative.

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

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