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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 2024-06-21 View latest technical analysis

10 day averaged volume of Next Mediaworks is 23907

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	7.21	7.60	7.60	6.80	0.711 times
20 Thu Jun 2024	7.28	7.39	7.65	7.02	1.601 times
19 Wed Jun 2024	7.26	7.01	7.34	7.01	0.825 times
18 Tue Jun 2024	7.14	7.09	7.42	6.55	1.528 times
14 Fri Jun 2024	6.97	7.03	7.03	6.72	0.578 times
13 Thu Jun 2024	6.75	7.09	7.09	6.62	0.237 times
12 Wed Jun 2024	6.85	6.60	7.10	6.45	0.363 times
11 Tue Jun 2024	6.85	6.99	7.15	6.67	0.442 times
10 Mon Jun 2024	6.83	6.90	7.15	6.40	1.152 times
07 Fri Jun 2024	6.75	6.50	6.90	6.40	1.774 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 7.2, but if it comes below 7.2, then a intra day sell 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 7.6 as target.

Share price targets for Next Mediaworks (NEXTMEDIA)

Target Type	Value
Downside Target	5.20
Downside Target	5.80
Downside Target	6.25
Downside Target	6.40
Downside Target	6.55
Downside Target	6.70
Downside Target	7.10
Upside Target	7.35
Upside Target	7.65
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	6.62
Downside Intraday Target	6.04
Upside Intraday Target	7.72
Upside Intraday Target	8.24
Downside Intraday Target	7.14

Weekly technical analysis of Next Mediaworks (NEXTMEDIA)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	7.21	7.09	7.65	6.55	1.684 times
14 Fri Jun 2024	6.97	6.90	7.15	6.40	0.403 times
07 Fri Jun 2024	6.75	7.10	7.40	5.80	2.416 times
31 Fri May 2024	6.90	7.30	7.45	6.70	0.157 times
24 Fri May 2024	7.15	7.80	8.35	7.10	1.827 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
21 Fri Jun 2024	7.21	7.10	7.65	5.80	0.33 times
31 Fri May 2024	6.90	7.05	8.35	6.70	1.071 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

Scroll below to view daily charts

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)

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Next Mediaworks ( (NEXTMEDIA) ) based on a mid to longer term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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

MACD generated a BUY signal for Next Mediaworks in short term and the buy signal is strong.

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

Next Mediaworks Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Next Mediaworks in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 7.02 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 is giving positive 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.