Amber List

NEXTNextDecade Corporation

Energy · Oil & Gas Equipment & Services · small-cap ($1.5B)
-33.6%
from rolling 252-day high of $12.12 set 2025-07-18 · 314d ago
Current
$8.05
Decline depth
-33.6%
Decline σ
3.4σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since tracking began

$NEXT has been tracked since 2026-03-01. It was down 53.7% from its 52-week high then — now down -33.6%.

It has clawed back 23.0 percentage points off that level. It bottomed 54.8% below that high along the way.

Decline from the 52-week high as it stood on 2026-03-02 (fixed anchor) → today. Split-adjusted, Alpaca. Observed history, not a forecast.

Structural break signals

NEXT qualifies for the Amber List on decline depth.

Decline depth
-33.6%
From rolling 252-day high of $12.12, 314d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar across daily/weekly/monthly/quarterly/yearly time frames. A bar counts as bearish when it's a 2-Down or a red 3.
Decline sigma
3.4σ
Drop from local high over the last 10 bars, expressed in units of the stock's typical daily volatility (4.15% per day).

The structural read

What price action says about NEXT.

NEXT qualifies for the Amber List on decline depth — down -33.6% from its rolling 252-day high.

Upstream TFC read: weak alignment, current phase daily. Last bar types — daily 1 (red), weekly 2D (red), monthly 2U (green).

Earnings on file: 2026-03-02. Tiering is unaffected by earnings dates — listings reflect price structure only.

52-week range

52W low $4.75 44.8% of range 52W high $12.12

Sector context · Energy

20 other Energy tickers are on Broken Stocks.

10 Red List
5 Amber
5 Watch
-31.4% Median decline

Worst in sector: GEOS (-70.9%). Least-bad: DEC (-21.5%). See all Energy listings →

Questions about NEXT

What people ask.

Why is NEXT on Broken Stocks?

NEXT qualifies for the Amber List on decline depth. It is down -33.6% from its rolling 252-day high of $12.12, set on 2025-07-18 — 314d ago.

Is NEXT a falling knife?

Not by the strict technical definition. NEXT is down -33.6% from its 52-week high, but that high was set 314d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NEXT is still on the Amber List for decline depth, but the freshness component of a falling knife is missing.

Is NEXT a buy?

Broken Stocks does not issue buy or sell recommendations. The list is a rules-based technical warning system. It tracks structural decline depth and recency — not company quality, management, fundamentals, or news. Always do your own research and consult a licensed advisor.

Where is NEXT trading inside its 52-week range?

At $8.05, NEXT sits 44.8% of the way from its 52-week low ($4.75) to its 52-week high ($12.12). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has NEXT been declining?

The current 33.6% decline accrued over 314d, which annualizes to roughly -39.1% per year. Annualized pace is a sanity check — a 30% decline in three months is a different signal than a 30% decline over two years.

How does NEXT compare to its sector?

There are 20 other Energy tickers on Broken Stocks: 10 Red, 5 Amber, 5 Watch, with 5 showing recovering structural signals. Median sector decline is -31.4% — NEXT's decline is deeper than the sector median.

Does NEXT's earnings date affect its tier?

No. Tiering is decided purely by decline depth and recency of the rolling-high date. The earnings date on file (2026-03-02) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.