Red List

NXSTNexstar Media Group, Inc.

Communication Services · Broadcasting · mid-cap ($5.9B)
-33.8%
from rolling 252-day high of $249.09 set 2026-03-05 · 188d ago
Current
$164.91
Decline depth
-33.8%
Decline σ
9.0σ
TFC
1/5 bearish
Rolling 252-day high Up day Down day Last 90 trading days · data from Alpaca

Since it joined the list

$NXST landed on the list 2026-04-02, down 29.1% from its 52-week high that day — now down -33.8%.

That's 6.1 percentage points deeper than the day it joined. It bottomed 39.2% below that high along the way.

From the 52-week high as of 2026-04-02 to today. Split-adjusted. Observed, not a forecast.

Structural break signals

NXST qualifies for the Red List on decline depth.

Decline depth
-33.8%
From rolling 252-day high of $249.09, 188d ago. Past the 30% Amber threshold.
Time-frame continuity
1/5 bearish
Latest bar on five time frames, daily to yearly. Bearish = 2-Down or red 3.
Decline sigma
9.0σ
Drop over the last 20 bars in units of daily volatility (1.84%/day). Past the ≥8σ Red List threshold — an extreme move.

The structural read

What price action says about NXST.

NXST qualifies for the Red List on decline depth — down -33.8% from its rolling 252-day high. Past 30% with the high set inside the last four months — the recency clause that often precedes further breakdown.

Cross-confirmation: decline sigma also reads 9.0σ over 20 bars.

Earnings on file: 2026-08-06. Earnings dates don't affect tiering.

Questions about NXST

What people ask.

Why is NXST on Broken Stocks?

NXST qualifies for the Red List on decline depth. It is down -33.8% from its rolling 252-day high of $249.09, set on 2026-03-05 — 188d ago.

Is NXST a falling knife?

Not by the strict technical definition. NXST is down -33.8% from its 52-week high, but that high was set 188d ago — more than 120 days. A falling knife is usually a recent breakdown from a fresh high, not an established multi-quarter downtrend. NXST is still on the Red List for decline depth, but the freshness component of a falling knife is missing.

Is NXST 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 NXST trading inside its 52-week range?

At $164.91, NXST sits 10.5% of the way from its 52-week low ($154.47) to its 52-week high ($254.30). A reading below 25% indicates price is hugging the bottom of the range; above 75%, the top.

How fast has NXST been declining?

The current 33.8% decline accrued over 188d, which annualizes to roughly -65.6% 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 NXST compare to its sector?

There are 90 other Communication Services tickers on Broken Stocks: 48 Red, 22 Amber, 20 Watch, with 7 showing recovering structural signals. Median sector decline is -38.1% — NXST's decline is shallower than the sector median.

Does NXST'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 (2026-08-06) is shown for reference only — listings can move tier between scans based on closing prices, regardless of fundamentals or news events.