NG ENERGY INTERNATIONAL CORP (GASX.CA) Stock Technical Analysis
TSX-V:GASX - TSX Venture Exchange - CA62931J1021 - Common Stock - Currency: CAD
Overall GASX gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. GASX was also a bad performer in the overall market in the last year.
71% of all other stocks performed better in the past year than GASX.
GASX is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 60% of 214 stocks in the same industry do better.
Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
GASX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so GASX is lagging the market.
In the last month GASX has a been trading in the 0.87 - 1.00 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of GASX is bad and it also does not present a quality setup 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
0.80
1.12
We found 4 important support areas.
- A support zone ranging from 0.92 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.90 from a trend line in the daily time frame.
- A support zone ranging from 0.87 to 0.87. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.81 to 0.84. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.11 from a trend line in the weekly 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 GASX.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for GASX.CA is neutral. |
| ChartMill Relative Strength | 29.82 | NEGATIVE | GASX.CA has a low relative strength, it was outperformed by 70.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of GASX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of GASX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of GASX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 52.09 | NEUTRAL | The RSI value for GASX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests GASX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 46.15 | NEUTRAL | The Stochastics value for GASX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 2.63 | MEDIUM VOLATILITY | The ATR as a percentage value for GASX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.81 | NEGATIVE | The low ADX value for GASX.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:GASX (7/18/2025, 7:00:00 PM)
0.93
+0.01 (+1.09%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg1.09%
1 Week0%
2 Weeks-1.06%
1 Month3.33%
3 Month4.49%
6 Month-13.08%
12 Month-2.11%
2 Year38.81%
3 Year12.05%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%2.63%
ATR Inc48.49%
Range Today0.03
ADR(20)0.02
ADR(20)%2.31%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS29.82
Mansfield-1.2
10 Day High1
10 Day Low0.9
20 Day High1
20 Day Low0.87
52 Week High1.23
52 Week Low0.77
CS1 End0.92
CR1 Start0.94
Volume & EV
DER(3)0%
DER(5)0%
Volume110.52K
Volume Incr-15.57%
Vol(5)59.90K
Vol(50)85.81K