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(NX) Quanex Building complete technical analysis [charts+indicators] | Buy/Sell Quanex Building | (NX) share price targets

Complete technical analysis of Quanex Building (NX) by charts plus indicators, forecast predictions and share price targets for Quanex Building (NX)

Quanex Building trades in USA in Capital Goods sector.

Showing technical analysis as on 2024-06-06 View latest technical analysis

10 day averaged volume of Quanex Building is 230670

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	30.47	30.88	31.03	30.40	0.911 times
05 Wed Jun 2024	30.82	31.23	31.31	30.57	0.738 times
04 Tue Jun 2024	31.14	31.48	32.32	31.08	2.417 times
03 Mon Jun 2024	31.73	33.25	33.25	31.59	0.652 times
31 Fri May 2024	32.96	32.31	33.00	32.07	1.467 times
30 Thu May 2024	32.15	31.96	32.57	31.96	0.751 times
29 Wed May 2024	31.70	31.74	32.67	31.51	1.321 times
28 Tue May 2024	31.87	32.57	32.80	31.73	0.684 times
24 Fri May 2024	32.50	32.53	32.69	32.38	0.616 times
23 Thu May 2024	32.30	32.70	32.78	32.04	0.803 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 31.5, but if it comes above 31.5, then a intra day buy could be more profitable.
If you take a sell trade below 31.5, then use 31.5 as stoploss and 29.8 as target. However if you take a buy trade in stock , then use 31.5 as stoploss and 32.88 as target.

Share price targets for Quanex Building (NX)

Target Type	Value
Downside Target	30.40
Upside Target	31.51
Upside Target	33.70
Upside Target	33.92
Upside Target	34.24
Upside Target	35.14
Upside Target	35.25
Upside Target	35.92
Upside Target	38.98
Upside Target	39.31

Intraday share price targets for Quanex Building (NX)

Target Type	Value
Downside Intraday Target	29.5
Downside Intraday Target	28.52
Upside Intraday Target	32.35
Upside Intraday Target	34.22
Upside Intraday Target	31.37

Weekly technical analysis of Quanex Building (NX)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	30.47	33.25	33.25	30.40	1.117 times
31 Fri May 2024	32.96	32.57	33.00	31.51	1.183 times
24 Fri May 2024	32.50	33.81	33.92	32.04	1.283 times
17 Fri May 2024	33.93	35.02	35.25	33.70	0.984 times
10 Fri May 2024	34.75	35.03	35.92	34.24	0.638 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 Quanex Building (NX)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	30.47	33.25	33.25	30.40	0.293 times
31 Fri May 2024	32.96	33.23	35.92	31.51	0.768 times
30 Tue Apr 2024	33.22	38.69	38.98	32.62	1.221 times
28 Thu Mar 2024	38.43	34.58	39.31	33.22	1.969 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 Quanex Building (NX)

Price action analysis of Quanex Building ( (NX) ) 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 Quanex Building ( (NX) ) 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 Quanex Building ( (NX) ) based on a mid to longer 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.

ADX buy sell signal for Quanex Building stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Quanex Building in short term and the sell signal is strong.

Quanex Building 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 red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Quanex Building 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 Quanex Building is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 31.72 and Quanex Building (NX) 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 Quanex Building (NX) stock. Volume based technical analysis of Quanex Building (NX) stock is negative.

Quanex Building 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.