MACKENZIE BLUWTR NGEN G ETF (MNXT.CA) Stock Technical Analysis
Canada - TSX:MNXT - CA5545481072 - ETF
23.7 CAD
+0.12 (+0.51%)
Overall MNXT gets a technical rating of 7 out of 10. Although MNXT is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
100% of all other stocks performed better in the past year than MNXT.
Warning: MNXT has an average volume of 2069 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
MNXT is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month MNXT has a been trading in a tight range between 23.06 and 23.78.
Volume is considerably higher in the last couple of days.
MNXT 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
21.03
24.02
When analyzing the support we can see 4 important areas.
- A support zone ranging from 23.44 to 23.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 22.60 to 22.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.15 from a horizontal line in the daily time frame.
- A support zone ranging from 21.24 to 21.31. 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 23.71 to 23.78. This zone is formed by a combination of multiple trend lines 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 MNXT.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MNXT.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MNXT.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MNXT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of MNXT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of MNXT.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.49 | NEUTRAL | The RSI value for MNXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests MNXT.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 69.54 | NEUTRAL | The Stochastics value for MNXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 0.6 | LOW VOLATILITY | The low ATR as a percentage value for MNXT.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 15.89 | NEGATIVE | The low ADX value for MNXT.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:MNXT (10/2/2025, 7:00:00 PM)
23.7
+0.12 (+0.51%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg0.51%
1 Week1.41%
2 Weeks1.89%
1 Month4.45%
3 Month6.85%
6 Month19.82%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.14
ATR(20)%0.6%
ATR Inc-38.97%
Range Today0.09
ADR(20)0.04
ADR(20)%0.18%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High23.78
10 Day Low23.2
20 Day High23.78
20 Day Low23.06
52 Week High23.78
52 Week Low18.5
CS1 End23.69
CR1 Start23.71
Volume & EV
DER(3)2.09%
DER(5)1.25%
Volume1.05K
Volume Incr51.46%
Vol(5)3.21K
Vol(50)2.07K