NEXE INNOVATIONS INC (NEXE.CA) Stock Technical Analysis
Canada - TSX-V:NEXE - CA65344W1077 - Common Stock
0.2 CAD
-0.01 (-4.76%)
Overall NEXE gets a technical rating of 1 out of 10. NEXE scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
93% of all other stocks performed better in the past year than NEXE.
NEXE is one of the lesser performing stocks in the Containers & Packaging industry. 100% of 7 stocks in the same industry do better.
NEXE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NEXE has a been trading in the 0.19 - 0.23 range, which is quite wide. It is currently trading in the middle of this range where prices have been consolidating recently, this may present a good entry opportunity, but some resistance may be present above.
The short term trend is positive, while the long term trend is still negative. So this is evolving in the right direction, but it may need some more time to really turn around the trend.
Volume is considerably higher in the last couple of days.
Although the technical rating is bad, NEXE does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 0.20, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NEXE in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.19
0.21
2 important support areas can be observed.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Strong support @0.19 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.21 to 0.21. 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 | DOWN | NEGATIVE | The long term trend for NEXE.CA is down. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEXE.CA is up. |
| ChartMill Relative Strength | 7.24 | NEGATIVE | NEXE.CA has a low relative strength, it was outperformed by 92.76% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NEXE.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NEXE.CA is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEXE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.63 | NEUTRAL | The RSI value for NEXE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEXE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 45.24 | NEUTRAL | The Stochastics value for NEXE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.13 | HIGH VOLATILITY | The high ATR as a percentage value for NEXE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.68 | NEGATIVE | The low ADX value for NEXE.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:NEXE (9/26/2025, 7:00:00 PM)
0.2
-0.01 (-4.76%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg-4.76%
1 Week2.56%
2 Weeks0%
1 Month0%
3 Month-11.11%
6 Month-24.53%
12 Month-35.48%
2 Year-40.3%
3 Year-18.37%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%6.13%
ATR Inc117.24%
Range Today0.02
ADR(20)0.01
ADR(20)%5.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.24
Mansfield-3.66
10 Day High0.23
10 Day Low0.19
20 Day High0.23
20 Day Low0.19
52 Week High0.48
52 Week Low0.19
CS1 End0.2
CR1 Start0.21
Volume & EV
DER(3)15.62%
DER(5)40.2%
Volume90.17K
Volume Incr162.09%
Vol(5)118.02K
Vol(50)59.73K