NEXGOLD MINING CORP (NEXG.CA) Stock Technical Analysis
TSX-V:NEXG • CA65345V1085
Taking everything into account, NEXG scores 9 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
- In the last month NEXG has a been trading in the 1.61 - 2.25 range, which is quite wide. It is currently trading near the lows of this range.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, NEXG did better than 87% of all other stocks. We also observe that the gains produced by NEXG over the past year are nicely spread over this period.
- NEXG is part of the Metals & Mining industry. There are 800 other stocks in this industry, NEXG did better than 65% of them.
- NEXG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEXG is lagging the market.
Besides having an excellent technical rating, NEXG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 1.71, a Stop Loss order could be placed below this zone.
More info and screens
1.61
When analyzing the support we can see 2 important areas.
- A support zone ranging from 1.68 to 1.71. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.63 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 1.85 to 1.86. This zone is formed by a combination of multiple trend lines and important moving averages 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 | UP | POSITIVE | The long term trend for NEXG.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEXG.CA is neutral. |
| ChartMill Relative Strength | 87.38 | POSITIVE | NEXG.CA has a high relative strength, it outperformed 87.38% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEXG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NEXG.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NEXG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 49.09 | NEUTRAL | The RSI value for NEXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NEXG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 20.25 | NEUTRAL | The Stochastics value for NEXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.7 | HIGH VOLATILITY | The high ATR as a percentage value for NEXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 16.22 | NEGATIVE | The low ADX value for NEXG.CA suggests a weak or negative trend. |
TSX-V:NEXG (2/18/2026, 7:00:00 PM)
1.77
+0.09 (+5.36%)
NEXGOLD MINING CORP / NEXG.CA FAQ
Can you provide the ChartMill technical rating for NEXGOLD MINING CORP?
ChartMill assigns a technical rating of 9 / 10 to NEXG.CA.
What is the current trend direction of NEXGOLD MINING CORP (NEXG.CA) stock?
The current trend direction for NEXGOLD MINING CORP (NEXG.CA) is Bullish.
What is the RSI signal for NEXGOLD MINING CORP (NEXG.CA) stock?
NEXGOLD MINING CORP (NEXG.CA) has an RSI value of 49.0856. This indicates that the stock is currently neutral.
What is the MACD signal for NEXG stock?
The MACD indicator for NEXGOLD MINING CORP (NEXG.CA) has a value of -0.0198906, indicating a bearish trend.