RSI low/high Values: [ 20 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of NEXS.L
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Nexus Infrastructure Plc stock downgraded from Hold/Accumulate to Sell Candidate after Wednesday trading session.
(Updated on Mar 27, 2024)

Sell candidate since Mar 27, 2024 PDF

The Nexus Infrastructure Plc stock price fell by -1.47% on the last day (Wednesday, 27th Mar 2024) from £81.50 to £80.30. During the last trading day the stock fluctuated 7.10% from a day low at £80.30 to a day high of £86.00. The price has fallen in 4 of the last 10 days and is down by -2.67% for this period. Volume fell on the last day along with the stock, which is actually a good sign as volume should follow the stock. On the last day, the trading volume fell by -8 thousand shares and in total, 5 thousand shares were bought and sold for approximately £378.53 thousand.

The stock lies in the middle of a wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -18.87% during the next 3 months and, with a 90% probability hold a price between £56.87 and £67.91 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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NEXS.L Signals & Forecast

A buy signal was issued from a pivot bottom point on Wednesday, March 20, 2024, and so far it has risen 12.06%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Some negative signals were issued as well, and these may have some influence on the near short-term development. The Nexus Infrastructure Plc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at £80.67. On a fall, the stock will find some support from the short-term average at £78.05. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Volume fell along with the price during the last trading day, which is technical positive. One should, however, note that this stock may have low liquidity in periods, which increases the general risk.

Support, Risk & Stop-loss for Nexus Infrastructure Plc stock

Nexus Infrastructure Plc finds support from accumulated volume at £79.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved £5.70 between high and low, or 7.10%. For the last week the stock has had daily average volatility of 8.94%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (NEXS.L) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Nexus Infrastructure Plc to open at £82.20, and during the day (based on 14 day Average True Range), to move between £74.15 and £86.45, which gives a possible trading interval of +/-£6.15 (+/-7.66%) up or down from last closing price. If Nexus Infrastructure Plc takes out the full calculated possible swing range there will be an estimated 15.33% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at £79.00 (1.62%) than the resistance at £85.00 (5.85%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Nexus Infrastructure Plc stock A Buy?

Nexus Infrastructure Plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

Current score: -1.939 Sell Candidate Downgraded

Predicted Opening Price for Nexus Infrastructure Plc of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
£82.20 ( 2.37%) £80.30

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for NEXS.L

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 87.90 9.46 %
R2 85.72 6.75 %
R1 84.38 5.08 %
Current price: 80.30
Support S1 80.02 -0.345 %
S2 78.68 -2.02 %
S3 76.50 -4.73 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 95.00 18.31 %
R2 87.50 8.97 %
R1 85.00 5.85 %
Current price 80.30
Support S1 79.00 -1.62%
S2 78.89 -1.76%
S3 75.00 -6.60%

NEXS Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jun 01, 2023 Jun 01, 2023 Jun 01, 2023 £1.00 0.595%
2 Jun 08, 2022 Jun 16, 2022 Jul 15, 2022 £1.00 0.597%
3 Dec 10, 2021 Jan 27, 2022 Feb 25, 2022 £1.40 0.680%
4 May 20, 2021 Jun 10, 2021 Jul 09, 2021 £0.600 0.286%
5 Dec 10, 2019 Feb 20, 2020 Mar 25, 2020 £4.40 3.09%

FAQ

What is the symbol for Nexus Infrastructure Plc Stock and on which exchange is it traded?
The symbol for Nexus Infrastructure Plc is NEXS.L and it is traded on the XLON (London Stock Exchange).

Should I buy or sell Nexus Infrastructure Plc Stock?
Nexus Infrastructure Plc holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock. Due to some small weaknesses in the technical picture we have downgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Sell candidate.

How to buy Nexus Infrastructure Plc Stock?
Nexus Infrastructure Plc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Nexus Infrastructure Plc Stock.

What's the current price of Nexus Infrastructure Plc Stock?
As of the end of day on the 2024-03-27, the price of an Nexus Infrastructure Plc (NEXS.L) share was £80.30.

What is the 52-week high and low for Nexus Infrastructure Plc Stock?
The 52-week high for Nexus Infrastructure Plc Stock is £175.00 and the 52-week low is £70.00.

What is the market capitalization of Nexus Infrastructure Plc Stock?
As of the 2024-03-27, the market capitalization of Nexus Infrastructure Plc is 7.318M.

When is the next earnings date for Nexus Infrastructure Plc?
The upcoming earnings date for Nexus Infrastructure Plc is May 16, 2024.
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About Nexus Infrastructure Plc

Nexus Infrastructure Plc Nexus Infrastructure plc provides specialized infrastructure and civil engineering services to the housebuilding and commercial sectors in the United Kingdom. It operates through three segments: Tamdown, TriConnex, and eSmart Networks. The company undertakes earthworks; builds highways, substructures, and basements; and installs drainage systems, as well as engages in high-rise construction activities. It also designs, installs, and connects gas,... NEXS.L Profile

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