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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 2024-02-29 View latest technical analysis

10 day averaged volume of Next Mediaworks is 22847

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	6.30	6.20	6.55	6.15	0.562 times
28 Wed Feb 2024	6.40	6.40	6.75	6.40	0.345 times
27 Tue Feb 2024	6.70	7.00	7.00	6.65	0.565 times
26 Mon Feb 2024	7.00	7.00	7.50	7.00	1.521 times
23 Fri Feb 2024	7.35	7.40	7.40	6.80	2.535 times
22 Thu Feb 2024	7.05	6.80	7.10	6.80	1.658 times
21 Wed Feb 2024	6.80	6.80	6.80	6.55	1.789 times
20 Tue Feb 2024	6.50	6.50	6.50	6.20	0.603 times
19 Mon Feb 2024	6.20	6.20	6.20	6.20	0.719 times
16 Fri Feb 2024	5.95	5.90	5.95	5.80	0.212 times

My analysis of stock is bearish for shortterm, and stock might move down till 6 or till 5.5. Use a stoploss of 6.37 and if the stock hits stoploss, then it can shoot up till 6.77

Share price targets for Next Mediaworks (NEXTMEDIA_BE)

Target Type	Value
Downside Target	5.80
Downside Target	6.10
Upside Target	6.65
Upside Target	7.25
Upside Target	7.40
Upside Target	7.50
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	5.8
Downside Intraday Target	5.3
Upside Intraday Target	7.15
Upside Intraday Target	8
Upside Intraday Target	6.65

Weekly technical analysis of Next Mediaworks (NEXTMEDIA_BE)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	6.30	7.00	7.50	6.15	0.41 times
23 Fri Feb 2024	7.35	6.20	7.40	6.20	8.156 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

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_BE)

Date	Monthly Closing Price	Open	High	Low	Volume
29 Thu Feb 2024	6.30	6.45	7.50	5.80	0.79 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 term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 getting stronger in this stock.

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 6.88 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 is giving positive 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.