NXTG in -1.21% downward trend, declining for three consecutive days on January 08, 2025
Moving lower for three straight days is viewed as a bearish sign. Keep an eye on this stock for future declines. Considering data from situations where NXTG declined for three days, in of 271 cases, the price declined further within the following month. The odds of a continued downward trend are .
Technical Analysis (Indicators)
Bearish Trend Analysis
The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 59 cases where NXTG's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .
The Moving Average Convergence Divergence Histogram (MACD) for NXTG turned negative on January 08, 2025. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 37 similar instances when the indicator turned negative. In of the 37 cases the stock turned lower in the days that followed. This puts the odds of success at .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on NXTG as a result. In of 77 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
NXTG moved above its 50-day moving average on January 03, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where NXTG advanced for three days, in of 339 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 312 cases where NXTG Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
General Information
Category Technology
NXTG and ETFs
Correlation & Price change
A.I.dvisor indicates that over the last year, NXTG has been closely correlated with SOXX. These tickers have moved in lockstep 84% of the time. This A.I.-generated data suggests there is a high statistical probability that if NXTG jumps, then SOXX could also see price increases.
| Ticker / NAME | Correlation To NXTG | 1D Price Change % | ||
|---|---|---|---|---|
| NXTG | 100% | +1.50% | ||
| SOXX - NXTG | 84% Closely correlated | +2.77% | ||
| VGT - NXTG | 82% Closely correlated | +1.51% | ||
| CHAT - NXTG | 81% Closely correlated | +1.61% | ||
| SMH - NXTG | 80% Closely correlated | +2.36% | ||
| XLK - NXTG | 79% Closely correlated | +1.57% | ||
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