NEW ENERGY METALS CORP (ENRG.CA) Stock Technical Analysis
Canada - TSX-V:ENRG - CA6438443013 - Common Stock
0.285 CAD
-0.02 (-5%)
We assign a technical rating of 7 out of 10 to ENRG. Although ENRG has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
Warning: ENRG has an average volume of 7597 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
Looking at the yearly performance, ENRG did better than 82% of all other stocks. On top of that, ENRG also shows a nice and consistent pattern of rising prices.
In the last month ENRG has a been trading in the 0.20 - 0.30 range, which is quite wide. It is currently trading near the high of this range.
ENRG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ENRG is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
ENRG has an excellent technical rating, but the quality of the setup is only medium at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.21
0.30
3 important support areas can be observed.
- Support @0.24 from a trend line in the daily time frame.
- Support @0.22 from a trend line in the weekly time frame.
- Support @0.21 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @0.30 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ENRG.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ENRG.CA is up. |
| ChartMill Relative Strength | 82.39 | POSITIVE | ENRG.CA has a high relative strength, it outperformed 82.39% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ENRG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of ENRG.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ENRG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.8 | NEUTRAL | The RSI value for ENRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests ENRG.CA has a positive trend. |
| Stochastics (14,3) | 86.4 | OVERBOUGHT | The high Stochastics value suggests ENRG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 7.02 | HIGH VOLATILITY | The high ATR as a percentage value for ENRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.26 | NEGATIVE | The low ADX value for ENRG.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX-V:ENRG (9/18/2025, 7:00:00 PM)
0.285
-0.02 (-5%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5%
1 Week26.67%
2 Weeks5.56%
1 Month21.28%
3 Month11.76%
6 Month32.56%
12 Month83.87%
2 Year14%
3 Year-52.5%
5 Year-48.18%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.02%
ATR Inc4.48%
Range Today0
ADR(20)0.01
ADR(20)%2.81%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.39
Mansfield-0.59
10 Day High0.3
10 Day Low0.23
20 Day High0.3
20 Day Low0.21
52 Week High0.54
52 Week Low0.1
CS1 End0.24
CR1 Start0.3
Volume & EV
DER(3)0%
DER(5)0%
Volume590
Volume Incr-76.32%
Vol(5)2.95K
Vol(50)7.60K