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NXST — Oversold Bullish Reversal
Status: Invalidated
Scanner score: 35.0/100
Why this was flagged
NXST was identified as a bullish technical setup based on the Oversold Bullish Reversal pattern. The scanner found a score of 35.0/100 using trend alignment, momentum, price action, volume, and risk-management rules. Monitor update: Latest daily-chart analysis no longer reports a bullish long setup.
Trade framework
Position-sizing example
These examples use the distance between the reference entry and stop-loss. They do not account for commissions, slippage, taxes, overnight gaps, or your personal account size.
Exit plan
- Stop-loss: Exit if the stop-loss is reached. Do not move the stop farther away to avoid taking the planned loss.
- Target 1: Consider taking partial profit when Target 1 is reached and reducing risk on the remaining shares.
- Target 2 or trailing exit: Consider closing the remaining position at Target 2, or use a disciplined trailing stop only if the trend remains strong.
- Time exit: Reassess or close a trade that fails to progress within the suggested holding window.
Technical chart
Daily closing price with moving averages and planned trade levels. This chart is a screening aid, not a guarantee of future results.
$1,000 educational outcome examples
These examples use a $1,000 position and fractional shares at the midpoint of the entry zone. Actual results can differ because of market gaps, fills, spreads, commissions, taxes, slippage, and changing conditions.
Easy explanation for new investors
A computer program looked at Nexstar Media Group (NXST) because it found a pattern called an "Oversold Bullish Reversal." This sounds complex, but it simply means the stock price dropped a lot recently. The program thinks this drop might be finishing. To confirm this, the scanner checked two things. First, the Relative Strength Index, or RSI, is at 29.29. An RSI below 30 suggests the stock is "oversold," which means it has fallen faster than usual. Second, recent buying interest is higher than normal. The trading volume is 1.28 times the 20-day average. This shows more people are buying right now. The scanner gave this setup a score of 35 out of 100, indicating a potential opportunity worth watching.
What the price plan means
This plan tells traders where to enter and where to exit. The entry zone is between $169.97 and $171.56. If you start here, the first target price is $189.01. The second target is $198.54. The stop-loss price is $160.45. A stop-loss is a safety net. If the price falls below this number, the idea is invalid, and you would stop watching. The reward-to-risk ratio is 2. This means for every dollar you risk losing, you aim to make two dollars in profit. It is a simple way to balance risk and potential gain.
What could make the idea fail
This plan is not a promise. The stop-loss at $160.45 is critical. If the price drops past this level, the bullish trend idea breaks. The scanner score of 35 is low, suggesting weak confidence. Also, just because volume is high does not mean the price will rise. The stock could keep falling despite strong buying.
Important reminder
This information is for education only. It is not financial advice. Always do your own research. A scanner is just a tool. It cannot predict the future. Markets change fast. Never invest money you cannot afford to lose.
Recent news context
This automated review is separate from the technical score. It summarizes recent related articles and does not predict price movement.
Overall context: Caution (Moderate confidence)
Nexstar Media Group (NXST) exhibits mixed signals. While the stock experienced a 4.4% price increase and maintains a 4.4% dividend yield, it recently missed earnings per share estimates. Institutional ownership remains high at 95.3%, supported by new acquisitions from Paralel Advisors and the Ohio Public Employees Retirement System, as well as a stake increase by Odyssean LLC. However, trading volume was 88% below average during the recent price rise, and the high dividend payout ratio raises sustainability concerns. The technical setup indicates an oversold condition, but fundamental weaknesses persist despite strong revenue growth.
Potentially supportive context
- Institutional ownership stands at 95.3%, with recent acquisitions by Paralel Advisors and the Ohio Public Employees Retirement System.
- Quarterly revenue exceeded expectations, growing 62.2% year-over-year.
- The stock maintains a 'Moderate Buy' consensus rating with an average price target of $256.50.
Risks and caution items
- Recent earnings per share of $3.61 missed consensus estimates.
- High dividend payout ratio raises concerns about sustainability.
- Trading volume during the recent 4.4% price increase was 88% below average.
- Technical score is 35, indicating an oversold condition that requires confirmation for a bullish reversal.
Latest reviewed article: Sep 10, 2026 5:41 pm
Recent related articles
Nexstar Media Group (NASDAQ:NXST) saw its stock price increase by 4.4% in mid-day trading, despite an 88% decrease in trading volume compared to its average. Analyst sentiment is a "Moderate Buy" with an average price target of $256.50, although recent earnings per…
The Public Employees Retirement System of Ohio recently acquired 8,826 shares of Nexstar Media Group (NASDAQ:NXST) valued at approximately $1.58 million, increasing institutional ownership to 95.3%. Despite a "Moderate Buy" consensus rating, the company reported mixed results with revenue exceeding expectations but…
Paralel Advisors LLC has acquired 12,792 shares of Nexstar Media Group, Inc. (NASDAQ:NXST) in the second quarter, a new stake valued at approximately $2.3 million. Other institutional investors have also adjusted their holdings, with institutional ownership of the company's stock standing at…
Odyssean LLC significantly increased its holdings in Nexstar Media Group, Inc. by 188.6% in Q2, bringing its total to 17,036 shares valued at $3.04 million. Institutional investors now own 95.3% of the company, which holds a "Moderate Buy" consensus rating and an…
Important: Some returned articles may describe competitors, industry conditions, or related companies. Open the source before relying on an article.
Scanner confirmations
- Current volume is at least 1.25x the 20-day average volume.
- RSI is near oversold territory with bullish candle confirmation.