How to Trade Quanex NX Building Products
Source: Stock Traders Daily
Longer term trading plans for NX
- Buy NX on 20.05 target 22.10 stop loss @ 19.99
- Short NX below 22.10, target 20.05, stop loss @ 22.16
Swing Trading Plans for NX
- Buy NX at 22.12, target 24.29, Stop Loss @ 22.06
- Short NX towards 22.12, target 21.24, Stop Loss @ 22.18.
Daily Trading Plans for NX
- Buy NX at 22.20, Target 24.29, Stop Loss @ 22.15
- Short NX near 22.20, target 21.74, Stop Loss @ 22.25.
NX Technical Summary | Raw data for trading plans
Term → | Close | Environment |
Long |
---|---|---|---|
bias | Weak | Weak | Weak |
P1 | 0 | 0 | 20.05 |
P2 | 21.74 | 21.24 | 22.10 |
P3 | 10:20 p.m. | 22.12 | 24.29 |


This report provides trading strategies for Quanex Building Products (NYSE: NX) while incorporating risk controls.
Warning:
This is a static report, the data below was valid at the time of publication, but support and resistance levels for NX change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.
Subscribers also receive market analysis, stock correlation tools, macro insights, timing tools, and stock market crash protection through Evitar Corte.
Instructions:
The rules that govern the data in this report are the rules of technical analysis. For example, if NX tests support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.
Swing Trades, Day Trades and Longer Term Trading Plans:
This data is refined to differentiate trading plans for Day Trading, Swing Trading and Long Term Investment Plans for NX as well. All these elements are proposed under the summary table.
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