Technical Analysis for NXST - Nexstar Broadcasting Group, Inc.

Grade Last Price % Change Price Change
C 166.33 0.19% 0.32
NXST closed up 0.19 percent on Monday, July 1, 2024, on 1.15 times normal volume. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
MACD Bullish Centerline Cross Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Doji - Bearish? Reversal 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%

   Recent Intraday Alerts

Alert Time
60 Minute Opening Range Breakdown about 5 hours ago
Fell Below Upper Bollinger Band about 5 hours ago
Up 2% about 10 hours ago
Up 1% about 10 hours ago
Expansion Pivot Buy Entry about 11 hours ago

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Profile

Nexstar Broadcasting Group, Inc. Description

Nexstar Broadcasting Group, Inc., a television broadcasting and digital media company, focuses on the acquisition, development, and operation of television stations and interactive community Websites in medium-sized markets in the United States. It provides free over-the-air programming to television viewing audiences. The company, through various local service agreements, also offers sales, programming, and other services to stations and digital multi-cast channels owned and/or operated by independent third parties. As of March 15, 2013, it owned, operated, programmed, or provided sales and other services to 72 television stations and 15 related digital multicast signals in 41 markets; and 43 community portal Websites that offered hyper-local content and verticals for consumers and advertisers. The company primarily operates in the states of Illinois, Indiana, Maryland, Missouri, Montana, Tennessee, Texas, Pennsylvania, Louisiana, Arkansas, Alabama, New York, Florida, Wisconsin, Michigan, and Utah. Its stations reach approximately 12.7 million viewers. Nexstar Broadcasting Group, Inc. was founded in 1996 and is based in Irving, Texas.


Classification

Sector: Consumer Cyclical
Industry: Broadcasting - TV
Keywords: Digital Media Broadcasting Television Television Stations

Is NXST a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 185.42
52 Week Low 128.3939
Average Volume 368,223
200-Day Moving Average 155.70
50-Day Moving Average 161.57
20-Day Moving Average 156.99
10-Day Moving Average 158.01
Average True Range 4.38
RSI (14) 62.55
ADX 14.09
+DI 36.07
-DI 21.05
Chandelier Exit (Long, 3 ATRs) 156.34
Chandelier Exit (Short, 3 ATRs) 160.40
Upper Bollinger Bands 165.39
Lower Bollinger Band 148.59
Percent B (%b) 1.06
BandWidth 10.70
MACD Line 0.17
MACD Signal Line -1.44
MACD Histogram 1.6169
Fundamentals Value
Market Cap 5.64 Billion
Num Shares 33.9 Million
EPS 11.72
Price-to-Earnings (P/E) Ratio 14.19
Price-to-Sales 1.08
Price-to-Book 2.37
PEG Ratio 4.85
Dividend 4.95
Dividend Yield 2.98%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 172.52
Resistance 3 (R3) 172.89 171.19 171.49
Resistance 2 (R2) 171.19 169.61 171.01 171.15
Resistance 1 (R1) 168.76 168.64 167.91 168.39 170.80
Pivot Point 167.06 167.06 166.64 166.88 167.06
Support 1 (S1) 164.63 165.48 163.78 164.27 161.86
Support 2 (S2) 162.93 164.51 162.75 161.51
Support 3 (S3) 160.50 162.93 161.17
Support 4 (S4) 160.14