Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-02-19 View latest technical analysis

10 day averaged volume of Next Mediaworks is 9298

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	6.20	6.20	6.20	6.20	1.767 times
16 Fri Feb 2024	5.95	5.90	5.95	5.80	0.52 times
15 Thu Feb 2024	5.90	6.00	6.00	5.90	0.132 times
14 Wed Feb 2024	6.00	6.00	6.00	6.00	0.352 times
13 Tue Feb 2024	6.00	6.05	6.05	6.00	0.482 times
12 Mon Feb 2024	6.05	6.10	6.10	6.00	0.714 times
09 Fri Feb 2024	6.10	6.10	6.10	6.10	2.835 times
08 Thu Feb 2024	6.20	6.10	6.20	6.10	1.763 times
07 Wed Feb 2024	6.20	6.15	6.20	6.10	0.627 times
06 Tue Feb 2024	6.15	6.20	6.20	6.15	1.794 times

My analysis of stock is bearish for shortterm, and stock might move down till 6 or till 5.5. Use a stoploss of 6.4 and if the stock hits stoploss, then it can shoot up till 6.79

Share price targets for Next Mediaworks (NEXTMEDIA_BE)

Target Type	Value
Downside Target	5.80
Downside Target	6.10
Upside Target	6.55
Upside Target	6.75
Upside Target	6.85
Upside Target	7.25
Upside Target	7.40
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	6.2
Downside Intraday Target	6.2
Downside Intraday Target	6.2
Downside Intraday Target	6.2
Downside Intraday Target	6.2

Weekly technical analysis of Next Mediaworks (NEXTMEDIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	6.20	6.20	6.20	6.20	0.803 times
16 Fri Feb 2024	5.95	6.10	6.10	5.80	0.282 times
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

Price has moved up 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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Mon Feb 2024	6.20	6.45	6.55	5.80	0.288 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 neutral. A longer time frame might give a better analysis.

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Next Mediaworks Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Next Mediaworks in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.13 and Next Mediaworks (NEXTMEDIA_BE) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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.