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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)

Next Mediaworks trades in NSE in Publishing sector.

Showing technical analysis as on 2024-05-29 View latest technical analysis

10 day averaged volume of Next Mediaworks is 66208

Date	Daily Closing Price	Open	High	Low	Volume
29 Wed May 2024	7.00	7.30	7.30	6.95	0.147 times
28 Tue May 2024	7.15	7.30	7.35	7.10	0.073 times
27 Mon May 2024	7.30	7.30	7.45	7.15	0.414 times
24 Fri May 2024	7.15	7.80	7.90	7.10	1.247 times
23 Thu May 2024	7.55	8.20	8.20	7.40	1.525 times
22 Wed May 2024	8.00	7.80	8.35	7.45	3.099 times
21 Tue May 2024	7.60	7.80	8.00	7.30	0.676 times
18 Sat May 2024	7.45	8.05	8.10	7.45	0.295 times
17 Fri May 2024	7.75	7.20	7.90	7.10	2.119 times
16 Thu May 2024	7.20	7.45	7.45	7.20	0.164 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 7.2, but if it comes above 7.2, then a intra day buy could be more profitable.
If you take a sell trade below 7.2, then use 7.2 as stoploss and 6.9 as target. However if you take a buy trade in stock , then use 7.2 as stoploss and 7.42 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	6.85
Upside Target	7.35
Upside Target	7.85
Upside Target	8.10
Upside Target	8.20
Upside Target	8.25
Upside Target	8.35
Upside Target	8.80

Intraday share price targets for Next Mediaworks (NEXTMEDIA)

Target Type	Value
Downside Intraday Target	6.82
Downside Intraday Target	6.63
Upside Intraday Target	7.32
Upside Intraday Target	7.63
Upside Intraday Target	7.13

Weekly technical analysis of Next Mediaworks (NEXTMEDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Wed May 2024	7.00	7.30	7.45	6.95	0.097 times
24 Fri May 2024	7.15	7.80	8.35	7.10	1.827 times
18 Sat May 2024	7.45	7.70	8.10	7.00	2.32 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

Price has moved down 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)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Wed May 2024	7.00	7.05	8.35	6.90	1.044 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

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)

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) 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) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) 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 SELL. Signal strength is Weak and stock is losing momentum.

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

Next Mediaworks Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green 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 7.66 and Next Mediaworks (NEXTMEDIA) stock is trading below this level. This means that stock is falling with high volumes. 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.