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

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

10 day averaged volume of Next Mediaworks is 31984

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 7.75 7.20 7.90 7.10 4.386 times
16 Thu May 2024 7.20 7.45 7.45 7.20 0.34 times
15 Wed May 2024 7.25 7.55 7.55 7.15 0.802 times
14 Tue May 2024 7.35 7.35 7.60 7.15 0.762 times
13 Mon May 2024 7.25 7.70 7.70 7.00 0.513 times

Stock of Next Mediaworks (NEXTMEDIA) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.7, but if it comes below 7.7, then a intra day sell could be more profitable.
If you take a sell trade below 7.7, then use 7.7 as stoploss and 7.4 as target. However if you take a buy trade in stock , then use 7.7 as stoploss and 8 as target.

Share price targets for Next Mediaworks (NEXTMEDIA)

Target Type Value
Downside Target 4.80
Downside Target 5.20
Downside Target 5.80
Downside Target 6.25
Downside Target 6.40
Downside Target 6.70
Downside Target 6.85
Downside Target 7.35
Downside Target 7.65
Upside Target 7.85
Upside Target 8.20
Upside Target 8.25
Upside Target 8.80

Intraday share price targets for Next Mediaworks (NEXTMEDIA)

Target Type Value
Downside Intraday Target 7.2
Downside Intraday Target 6.65
Upside Intraday Target 8.1
Upside Intraday Target 8.45
Downside Intraday Target 7.55

Weekly technical analysis of Next Mediaworks (NEXTMEDIA)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 7.75 7.70 7.90 7.00 2.129 times
10 Fri May 2024 7.45 7.80 7.85 6.90 0.413 times
03 Fri May 2024 7.80 8.00 8.20 6.85 0.498 times
26 Fri Apr 2024 7.65 7.30 8.25 6.70 3.187 times
19 Fri Apr 2024 6.90 6.25 7.65 6.25 1.563 times

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

Monthly technical analysis of Next Mediaworks (NEXTMEDIA)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 7.75 7.05 8.20 6.90 0.532 times
30 Tue Apr 2024 7.05 6.30 8.25 6.25 1.893 times
28 Thu Mar 2024 6.45 6.85 7.35 5.80 0.422 times
25 Wed Oct 2023 7.60 5.45 8.80 5.20 2.172 times

Price has moved up 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)

Indicator Name Indicator Value Indicator Signal
ADX 20, 14, 20 Buy
MACD 0, 0Sell
Stochastics 45None
CCI 127Buy
RSI 63Buy
OBV 482817Sell
VWAP 8Buy
ADL 0Sell
ROC -1Sell
Force Index 0Sell

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) 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) ) 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 BUY. Signal strength is Strong and stock is gaining momentum.

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

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 in or above 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 7.53 and Next Mediaworks (NEXTMEDIA) 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) stock. Volume based technical analysis of Next Mediaworks (NEXTMEDIA) stock is negative.

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

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

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