(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 2024-01-22 View latest technical analysis
10 day averaged volume of Nexa Resources is 22610
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 6.69 | 6.52 | 6.73 | 6.50 | 1.393 times |
| 19 Fri Jan 2024 | 6.58 | 6.74 | 6.87 | 6.58 | 0.84 times |
| 18 Thu Jan 2024 | 6.79 | 6.95 | 6.95 | 6.69 | 0.787 times |
| 17 Wed Jan 2024 | 6.88 | 6.85 | 6.91 | 6.79 | 0.867 times |
| 16 Tue Jan 2024 | 6.96 | 7.02 | 7.08 | 6.90 | 1.552 times |
| 12 Fri Jan 2024 | 6.98 | 7.05 | 7.09 | 6.83 | 1.605 times |
| 12 Fri Jan 2024 | 6.98 | 7.05 | 7.09 | 6.83 | 1.605 times |
| 11 Thu Jan 2024 | 6.97 | 6.81 | 7.00 | 6.64 | 0.982 times |
| 10 Wed Jan 2024 | 6.92 | 6.87 | 6.92 | 6.86 | 0.606 times |
| 09 Tue Jan 2024 | 6.87 | 6.90 | 6.90 | 6.67 | 0.637 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 6.7, for a target of 6.8 or 6.93
Share price targets for Nexa Resources (NEXA)
| Target Type | Value |
| Downside Target | 4.82 |
| Downside Target | 5.54 |
| Downside Target | 5.68 |
| Downside Target | 5.88 |
| Downside Target | 6.19 |
| Downside Target | 6.50 |
| Upside Target | 7.00 |
| Upside Target | 7.08 |
| Upside Target | 7.09 |
| Upside Target | 7.14 |
| Upside Target | 7.17 |
Intraday share price targets for Nexa Resources (NEXA)
| Target Type | Value |
| Downside Intraday Target | 6.55 |
| Downside Intraday Target | 6.41 |
| Upside Intraday Target | 6.78 |
| Upside Intraday Target | 6.87 |
| Downside Intraday Target | 6.64 |
Weekly technical analysis of Nexa Resources (NEXA)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 6.69 | 6.52 | 6.73 | 6.50 | 0.344 times |
| 19 Fri Jan 2024 | 6.58 | 7.02 | 7.08 | 6.58 | 2.521 times |
| 12 Fri Jan 2024 | 6.98 | 7.05 | 7.09 | 6.83 | 0.369 times |
| 12 Fri Jan 2024 | 6.98 | 6.87 | 7.09 | 6.64 | 1.01 times |
| 05 Fri Jan 2024 | 6.92 | 6.98 | 7.14 | 6.82 | 1.433 times |
Price has moved up 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 |
| 22 Mon Jan 2024 | 6.69 | 6.98 | 7.14 | 6.50 | 0.278 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 |
| 31 Tue Oct 2023 | 5.99 | 6.08 | 6.19 | 4.82 | 0.876 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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Nexa Resources 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 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 6.88 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 positive
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 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 short term time period is neutral. A longer time frame might give a better analysis.
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 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 green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a SELL signal for Nexa Resources 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 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 6.88 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.