NG ENERGY INTERNATIONAL CORP (GASX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:GASX - CA62931J1021 - Common Stock
Overall GASX gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, GASX is only an average performer.
- The long and short term trends are both positive. This is looking good!
- GASX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so GASX is lagging the market slightly.
- GASX is currently showing a bull flag pattern! A bull flag pattern occurs when prices pull back slightly after a strong rise up. This may be a nice opportunity for an entry.
- When compared to the yearly performance of all other stocks, GASX outperforms 43% of them, which is more or less in line with the market.
- GASX is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 51% of 211 stocks in the same industry.
Although GASX has an excellent technical rating, it does not offer a high 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
0.81
4 important support areas can be observed.
- Support @1.09 from a horizontal line in the daily time frame.
- Support @0.90 from a horizontal line in the daily time frame.
- A support zone ranging from 0.85 to 0.85. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.82 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.15 to 1.16. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | UP | POSITIVE | The long term trend for GASX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for GASX.CA is up. |
| ChartMill Relative Strength | 43.43 | NEUTRAL | GASX.CA is not amongst the best or worst performers 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) | UP | POSITIVE | The current price of GASX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 55.61 | 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) | 61.82 | NEUTRAL | The Stochastics value for GASX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.85 | HIGH VOLATILITY | The high ATR as a percentage value for GASX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.97 | POSITIVE | The high ADX value value for GASX.CA suggests a strong trend. |
TSX-V:GASX (1/16/2026, 7:00:00 PM)
1.12
-0.01 (-0.88%)
NG ENERGY INTERNATIONAL CORP / GASX.CA FAQ
What is the technical rating for GASX stock?
ChartMill assigns a technical rating of 8 / 10 to GASX.CA.
What is the current trend direction of NG ENERGY INTERNATIONAL CORP (GASX.CA) stock?
The current trend direction for NG ENERGY INTERNATIONAL CORP (GASX.CA) is Bullish.
What is the RSI signal for NG ENERGY INTERNATIONAL CORP (GASX.CA) stock?
NG ENERGY INTERNATIONAL CORP (GASX.CA) has an RSI value of 55.6124. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NG ENERGY INTERNATIONAL CORP?
The MACD indicator for NG ENERGY INTERNATIONAL CORP (GASX.CA) has a value of 0.00218688, indicating a bearish trend.
Can you provide the buy/sell signal for NG ENERGY INTERNATIONAL CORP?
The buy/sell signal for NG ENERGY INTERNATIONAL CORP (GASX.CA) is buy as both the short term and long term trends are positive.