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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 2024-10-22 View latest technical analysis

10 day averaged volume of Quanex Building is 477970

Date	Daily Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	30.00	30.08	30.56	29.90	2.206 times
21 Mon Oct 2024	30.22	30.71	30.71	29.91	0.831 times
18 Fri Oct 2024	30.59	30.44	30.76	30.20	0.603 times
17 Thu Oct 2024	30.27	30.41	30.62	29.99	0.843 times
16 Wed Oct 2024	30.51	29.41	30.51	29.41	2.953 times
15 Tue Oct 2024	29.07	29.09	29.42	29.04	0.606 times
14 Mon Oct 2024	29.26	28.66	29.60	28.58	0.999 times
11 Fri Oct 2024	28.46	27.58	28.56	27.58	0.667 times
10 Thu Oct 2024	27.71	27.66	27.91	27.24	0.772 times
09 Wed Oct 2024	28.03	27.81	28.37	27.63	0.692 times

Stock of Quanex Building (NX) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 29.7, but if it comes below 29.7, then a intra day sell could be more profitable.
If you take a sell trade below 29.7, then use 29.7 as stoploss and 28.38 as target. However if you take a buy trade in stock , then use 29.7 as stoploss and 31.2 as target.

Share price targets for Quanex Building (NX)

Target Type	Value
Downside Target	24.85
Downside Target	26.01
Downside Target	28.50
Downside Target	29.90
Upside Target	30.71
Upside Target	30.76
Upside Target	30.93
Upside Target	33.25
Upside Target	33.48
Upside Target	34.97

Intraday share price targets for Quanex Building (NX)

Target Type	Value
Downside Intraday Target	29.7
Downside Intraday Target	29.39
Upside Intraday Target	30.51
Upside Intraday Target	31.01
Upside Intraday Target	30.2

Weekly technical analysis of Quanex Building (NX)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Tue Oct 2024	30.00	30.71	30.71	29.90	0.506 times
18 Fri Oct 2024	30.59	28.66	30.76	28.58	1.499 times
11 Fri Oct 2024	28.46	27.21	28.56	27.10	1.121 times
04 Fri Oct 2024	27.30	27.50	27.89	26.40	0.689 times
27 Fri Sep 2024	27.66	28.33	28.50	26.77	0.528 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
22 Tue Oct 2024	30.00	27.69	30.76	26.40	0.487 times
30 Mon Sep 2024	27.75	27.52	30.93	24.85	0.836 times
30 Fri Aug 2024	27.63	33.30	33.48	26.01	1.788 times
31 Wed Jul 2024	33.40	27.73	34.97	26.13	1.914 times

Scroll below to view daily charts

Price has moved up 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 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 Quanex Building ( (NX) ) based on a short 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.

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

Price action analysis of Quanex Building ( (NX) ) 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 Quanex Building stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Quanex Building in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Quanex Building Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Quanex Building in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 29.71 and Quanex Building (NX) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive 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.