NG ENERGY INTERNATIONAL CORP (GASX.CA) Stock Technical Analysis
TSX-V:GASX - TSX Venture Exchange - CA62931J1021 - Common Stock - Currency: CAD
Taking everything into account, GASX scores 1 out of 10 in our technical rating. GASX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
When comparing the yearly performance of all stocks, GASX is a bad performer in the overall market: 72% of all stocks are doing better.
GASX is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
GASX is part of the Oil, Gas & Consumable Fuels industry. There are 214 other stocks in this industry, GASX did better than 58% of them.
In the last month GASX has a been trading in the 0.77 - 0.94 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
GASX has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.80
1.14
When analyzing the support we can see 2 important areas.
- Support @0.86 from a trend line in the weekly time frame.
- A support zone ranging from 0.81 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 3 important resistance areas.
- A resistance zone ranging from 0.88 to 0.92. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.05 from a horizontal line in the daily time frame.
- Resistance @1.13 from a trend line in the weekly time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.9
Mansfield-1.02
10 Day High0.94
10 Day Low0.85
20 Day High0.94
20 Day Low0.77
52 Week High1.23
52 Week Low0.77
Performance
1 Week-2.25%
2 Weeks1.16%
1 Month7.41%
3 Month-21.62%
6 Month-6.45%
12 Month7.41%
2 Year27.94%
3 Year-27.5%
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)45.75
LBB0.83
UBB0.93
TSX-V:GASX (5/8/2025, 7:00:00 PM)
0.87
-0.02 (-2.25%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-2.25%
1 Week-2.25%
2 Weeks1.16%
1 Month7.41%
3 Month-21.62%
6 Month-6.45%
12 Month7.41%
2 Year27.94%
3 Year-27.5%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%4.43%
ATR Inc-39.66%
Range Today0.04
ADR(20)0.03
ADR(20)%3.68%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS28.9
Mansfield-1.02
10 Day High0.94
10 Day Low0.85
20 Day High0.94
20 Day Low0.77
52 Week High1.23
52 Week Low0.77
CS1 End0.86
CR1 Start0.88
Volume & EV
DER(3)-749.1%
DER(5)-505.82%
Volume262.77K
Volume Incr-1.11%
Vol(5)132.10K
Vol(50)134.07K