Latest signal: August 16, 2024

NX Stock Analysis

Name: NX Trading Alert Analysis
Creator: FILTRIX

Data source: Trade-Ideas Alerts | 2 alerts analyzed | Backtest period: 2024-08-14 → 2024-08-16

⚠️ Small sample size (2 alerts). Statistics may have high variance. Interpret with caution.

🏢 Company Profile

Quanex Building Products Corporation ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS (SIC 3350)

📍 NYSE 📅 IPO: Aug 02, 1965 🔗 www.quanex.com

💰 Market Cap: $859.1M 👥 Employees: 7,071

Quanex Building Products Corp is a manufacturer of components sold to original equipment manufacturers in the building products industry. It manufactures engineered products like window and door components that include flexible insulating glass spacers, extruded vinyl profiles, window and door screens, solar panel sealants and precision-formed metal and wood products among others. Its four operating segments are North American Fenestration being the key revenue driver, European Fenestration, North American Cabinet Components, and Tyman. Geographically, it derives a majority of revenue from the United States.

📊

Total Alerts

🎯

100.0%

Win Rate (15MIN)

💰

+0.60%

Avg Gain (15MIN)

🚀

+2.30%

Avg MFE (Max Potential)

📈 Performance by Timeframe

5MIN

Win Rate: 0.0%

Avg Gain: -0.26%

Avg Winner: +0.00%

Avg Loser: -0.26%

Best: -0.22%

Worst: -0.30%

Trades: 0/2

15MIN

Win Rate: 100.0%

Avg Gain: +0.60%

Avg Winner: +0.60%

Avg Loser: +0.00%

Best: +0.62%

Worst: +0.58%

Trades: 2/0

30MIN

Win Rate: 50.0%

Avg Gain: +1.00%

Avg Winner: +2.15%

Avg Loser: -0.15%

Best: +2.15%

Worst: -0.15%

Trades: 1/1

60MIN

Win Rate: 100.0%

Avg Gain: +1.15%

Avg Winner: +1.15%

Avg Loser: +0.00%

Best: +1.90%

Worst: +0.39%

Trades: 2/0

EOD (End of Day)

Win Rate: 0.0%

Avg Gain: -0.40%

Avg Winner: +0.00%

Avg Loser: -0.80%

Best: +0.00%

Worst: -0.80%

Trades: 0/1

🚀 Max Favorable / Adverse Excursion (MFE/MAE)

Institutional-grade metrics showing the maximum profit potential and risk for each alert.

📈 MFE (Max Profit Potential)

Average MFE: +2.30%

Best MFE: +2.87%

Avg Time to MFE: 97 min

On average, NX alerts reach +2.30% profit potential within 97 minutes.

📉 MAE (Max Drawdown Risk)

Average MAE: -0.61%

Worst MAE: -0.90%

Avg Time to MAE: 19 min

Before reaching MFE, expect an average drawdown of 0.61%.

⚖️ Risk/Reward Ratio

3.79:1

Excellent risk/reward - potential gain is 3.79x the typical drawdown.

💡 Trading Insight: Based on 2 alerts, NX typically reaches +2.30% profit before pulling back. Consider setting profit targets around 1.8% to capture most of the move.

🌅 Premarket Gap Analysis (9:25 → 9:30)

Total Gaps Analyzed 2

Gap Up % 50.0%

Avg Gap +0.23%

Best Gap +0.68%

🏭 Sector Comparison: ROLLING DRAWING & EXTRUDING OF NONFERROUS METALS

How NX compares to 2 other tickers in the same sector.

5-Min Gain

NX: -0.26% Sector: +0.01% -0.27%

EOD Gain

NX: -0.40% Sector: +0.10% -0.50%

Avg MFE

NX: +2.30% Sector: +1.32% +0.98%

📋 Last 20 Alerts

Historical NX alerts with performance metrics calculated from 1-minute price data. Each row shows the actual price movement at different timeframes after the alert.

Date	Time	Price	5min	15min	30min	60min	EOD	MFE	MAE	Gap	Result
2024-08-16	09:25:16	$27.39	-0.22%	+0.62%	+2.15%	+1.90%	-0.80%	+2.87%	-0.31%	-0.22%	LOSS
2024-08-14	09:26:49	$26.59	-0.30%	+0.58%	-0.15%	+0.39%	-	+1.73%	-0.90%	+0.68%	LOSS

Table Metrics Explained:

5min/15min/30min/60min/EOD: Price change at each timeframe (calculated from real minute-by-minute data)
MFE: Maximum Favorable Excursion - highest profit potential reached during the day
MAE: Maximum Adverse Excursion - worst drawdown experienced before reaching MFE
Gap: Premarket price gap from 9:25 AM to 9:30 AM market open
Result: WIN if 5min change > 0%, LOSS otherwise

🚀 Beat the 100.0% Baseline on NX

The 100.0% win rate is just the raw starting point. Launch the app to apply filters (Volume, RSI, Time) and see if you can push NX's performance to 75%+.

Optimize NX Strategy →

Why Analyze NX with FILTRIX?

🛡️ Realistic Entry Simulation

We don't inflate stats. Our analysis tracks only the first alert of the day for NX. This simulates a true "Gap & Go" entry at pre-market hours (9:25-9:30 AM), avoiding the trap of chasing a stock that has already extended.

💰 Max Potential (MFE) Analysis

How much is left in the move? On winning days, NX historically offers an average upside of +2.30% intraday. Our data helps you distinguish between a quick scalp and a runner.

📊 NX Momentum Personality

With a baseline win rate of 100.0%, NX shows strong follow-through, making it a prime candidate for momentum strategies.

⏱️ Optimized Exit Timing

Don't guess when to sell. Our backtests show NX performs best on the 15MIN timeframe (Avg Gain: +0.60%), signaling that gains often fade later in the session.