NEW ENERGY METALS CORP (ENRG.CA) Stock Technical Analysis
Canada - TSX-V:ENRG - CA6438443013 - Common Stock
Overall ENRG gets a technical rating of 2 out of 10. Although ENRG is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The technical rating of ENRG is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.22
5 important support areas can be observed.
- Support @0.27 from a trend line in the weekly time frame.
- Support @0.26 from a trend line in the weekly time frame.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines in the daily time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @0.28 from a trend line in the daily time frame.
- Resistance @0.29 from a trend 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 | DOWN | NEGATIVE | The long term trend for ENRG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for ENRG.CA is down. |
| ChartMill Relative Strength | 80.83 | POSITIVE | ENRG.CA has a high relative strength, it outperformed 80.83% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of ENRG.CA is above a declining 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) | 48.6 | NEUTRAL | The RSI value for ENRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests ENRG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 31.48 | NEUTRAL | The Stochastics value for ENRG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for ENRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 10.19 | NEGATIVE | The low ADX value for ENRG.CA suggests a weak or negative trend. |
TSX-V:ENRG (11/6/2025, 7:00:00 PM)
0.27
+0.04 (+14.89%)
NEW ENERGY METALS CORP / ENRG.CA FAQ
Can you provide the ChartMill technical rating for NEW ENERGY METALS CORP?
ChartMill assigns a technical rating of 2 / 10 to ENRG.CA.
Can you provide the trend direction for NEW ENERGY METALS CORP?
The current trend direction for NEW ENERGY METALS CORP (ENRG.CA) is Bearish.
What is the RSI signal for NEW ENERGY METALS CORP (ENRG.CA) stock?
NEW ENERGY METALS CORP (ENRG.CA) has an RSI value of 48.6013. This indicates that the stock is currently neutral.
What is the short term momentum for NEW ENERGY METALS CORP (ENRG.CA) stock?
The short term momentum for NEW ENERGY METALS CORP (ENRG.CA) is negative.
Can you provide the support and resistance levels for NEW ENERGY METALS CORP?
NEW ENERGY METALS CORP (ENRG.CA) has a support level at 0.23 and a resistance level at 0.25. Check the full technical report for our detailed analysis of ENRG.CA support and resistance levels.