NEXE INNOVATIONS INC (NEXE.CA) Stock Technical Analysis
TSX-V:NEXE - TSX Venture Exchange - CA65344W1077 - Common Stock - Currency: CAD
Overall NEXE gets a technical rating of 0 out of 10. NEXE's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
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, NEXE is a bad performer in the overall market: 89% of all stocks are doing better.
NEXE is part of the Containers & Packaging industry. There are 9 other stocks in this industry, of which 112% are performing better than NEXE.
NEXE is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NEXE is lagging the market.
In the last month NEXE has a been trading in the 0.19 - 0.22 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days.
NEXE has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
0.20
0.23
We found 1 important resistance area.
- Resistance @0.23 from a horizontal line in the daily 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 | DOWN | NEGATIVE | The long term trend for NEXE.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEXE.CA is neutral. |
| ChartMill Relative Strength | 11.39 | NEGATIVE | NEXE.CA has a low relative strength, it was outperformed by 88.61% 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 | NEGATIVE | The current price of NEXE.CA is below 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) | 50.97 | 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. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NEXE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.73 | HIGH VOLATILITY | The high ATR as a percentage value for NEXE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.95 | 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 (6/20/2025, 7:00:00 PM)
0.205
+0.01 (+7.89%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryContainers & Packaging
Performance
% Chg7.89%
1 Week5.13%
2 Weeks7.89%
1 Month0%
3 Month-14.58%
6 Month-46.75%
12 Month-31.67%
2 Year-55.91%
3 Year-29.31%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%5.73%
ATR Inc86.67%
Range Today0.02
ADR(20)0.01
ADR(20)%5.24%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.39
Mansfield-3.55
10 Day High0.22
10 Day Low0.19
20 Day High0.22
20 Day Low0.19
52 Week High0.48
52 Week Low0.19
CS1 EndN/A
CR1 Start0.23
Volume & EV
DER(3)0%
DER(5)0%
Volume229.32K
Volume Incr61.3%
Vol(5)66.23K
Vol(50)44.49K