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(NEXA) Nexa Resources complete technical analysis [charts+indicators] | Buy/Sell Nexa Resources | (NEXA) share price targets

Complete technical analysis of Nexa Resources (NEXA) by charts plus indicators, forecast predictions and share price targets for Nexa Resources (NEXA)

Nexa Resources trades in USA in Basic Industries sector.

Showing technical analysis as on 2024-02-27 View latest technical analysis

10 day averaged volume of Nexa Resources is 41540

Date Daily Closing Price Open High Low Volume
27 Tue Feb 2024 6.75 6.77 6.80 6.69 0.888 times
26 Mon Feb 2024 6.77 6.79 6.84 6.77 1.331 times
23 Fri Feb 2024 6.86 6.84 6.94 6.83 1.228 times
22 Thu Feb 2024 6.88 6.95 6.95 6.85 0.941 times
21 Wed Feb 2024 6.82 6.78 6.89 6.78 0.732 times
20 Tue Feb 2024 6.79 6.80 6.85 6.78 1.194 times
16 Fri Feb 2024 6.77 6.70 6.85 6.70 0.802 times
15 Thu Feb 2024 6.79 6.73 6.91 6.73 0.732 times
14 Wed Feb 2024 6.74 6.74 6.81 6.71 1.194 times
13 Tue Feb 2024 6.75 6.79 6.85 6.72 1.165 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 6.8, but if it comes above 6.8, then a intra day buy could be more profitable.
If you take a sell trade below 6.8, then use 6.8 as stoploss and 6.6 as target. However if you take a buy trade in stock , then use 6.8 as stoploss and 6.92 as target.

Share price targets for Nexa Resources (NEXA)

Target Type Value
Downside Target 4.82
Downside Target 5.54
Downside Target 5.68
Downside Target 5.97
Downside Target 6.19
Downside Target 6.50
Downside Target 6.69
Upside Target 6.96
Upside Target 7.12
Upside Target 7.17
Upside Target 7.35
Upside Target 7.40

Intraday share price targets for Nexa Resources (NEXA)

Target Type Value
Downside Intraday Target 6.68
Downside Intraday Target 6.61
Upside Intraday Target 6.83
Upside Intraday Target 6.91
Upside Intraday Target 6.76

Weekly technical analysis of Nexa Resources (NEXA)

Date Weekly Closing Price Open High Low Volume
27 Tue Feb 2024 6.75 6.79 6.84 6.69 0.542 times
23 Fri Feb 2024 6.86 6.80 6.95 6.78 0.895 times
16 Fri Feb 2024 6.77 6.83 6.96 6.70 0.669 times
09 Fri Feb 2024 6.87 7.10 7.12 6.85 0.73 times
02 Fri Feb 2024 7.18 6.87 7.40 6.76 2.15 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 Nexa Resources (NEXA)

Date Monthly Closing Price Open High Low Volume
27 Tue Feb 2024 6.75 7.35 7.40 6.69 1.086 times
31 Wed Jan 2024 7.31 6.98 7.35 6.50 0.612 times
29 Fri Dec 2023 7.14 5.91 7.17 5.68 0.794 times
30 Thu Nov 2023 5.87 5.81 5.97 5.54 0.911 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 Nexa Resources (NEXA)

Price action analysis of Nexa Resources ( (NEXA) ) 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 Nexa Resources ( (NEXA) ) based on a short 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.

Price action analysis of Nexa Resources ( (NEXA) ) 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 Nexa Resources ( (NEXA) ) based on a mid to longer 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.

ADX buy sell signal for Nexa Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Nexa Resources 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 Nexa Resources in short term and SELL signal is strong!

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 Nexa Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.79 and Nexa Resources (NEXA) 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 Nexa Resources (NEXA) stock. Volume based technical analysis of Nexa Resources (NEXA) stock is negative.

Nexa Resources Stock has given negative 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.

Price action analysis of Nexa Resources ( (NEXA) ) 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 Nexa Resources ( (NEXA) ) based on a short 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.

Price action analysis of Nexa Resources ( (NEXA) ) 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 Nexa Resources ( (NEXA) ) based on a mid to longer 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.

ADX buy sell signal for Nexa Resources stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Nexa Resources 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 Nexa Resources in short term and SELL signal is strong!

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 Nexa Resources is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 6.79 and Nexa Resources (NEXA) 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 Nexa Resources (NEXA) stock. Volume based technical analysis of Nexa Resources (NEXA) stock is negative.

Nexa Resources Stock has given negative 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.

Daily charts

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Daily chart
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