NEXGOLD MINING CORP (NEXG.CA) Technical Analysis
TSX-V:NEXG • CA65345V1085
Current stock price
NEXG.CA Technical Rating and Analysis
We assign a technical rating of 6 out of 10 to NEXG. NEXG was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- 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.
- When comparing the yearly performance of all stocks, we notice that NEXG is one of the better performing stocks in the market, outperforming 82% of all stocks.
- In the last month NEXG has a been trading in the 1.35 - 1.76 range, which is quite wide. It is currently trading near the high of this range.
- NEXG is part of the Metals & Mining industry. There are 803 other stocks in this industry, NEXG did better than 61% 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.
NEXG.CA Weekly and Daily overview Charts
NEXG.CA Setup Rating and Analysis
NEXG has only a medium technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 1.70. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 1.61, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NEXG 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
NEXG.CA Support and Resistance Analysis
1.33
2 important support areas can be observed.
- A support zone ranging from 1.60 to 1.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 1.34 to 1.34. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.70 to 1.70. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.74 from a horizontal line in the daily time frame.
NEXG.CA Technical Indicator Signal Analysis
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 | 82.56 | POSITIVE | NEXG.CA has a high relative strength, it outperformed 82.56% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEXG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEXG.CA is below a declining 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) | 50.12 | NEUTRAL | The RSI value for NEXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEXG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 61.96 | NEUTRAL | The Stochastics value for NEXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.94 | HIGH VOLATILITY | The high ATR as a percentage value for NEXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.02 | NEGATIVE | The low ADX value for NEXG.CA suggests a weak or negative trend. |
NEXG.CA Chart- and CandleStick Pattern Analysis
NEXG.CA Example Setup
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 1.71 | 1.61 | 0.10 (5.85%) | 17.10% |
| An entry @1.71. This is a Buy Stop order right above the resistance zone. | An exit @1.61. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.10 points, which is 5.85%. | When investing 17.10% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The distance between exit and entry is rather small compared to the average daily movement of NEXG. Please evaluate whether better entry and exit points can be found.
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NEXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NEXG (4/27/2026, 7:00:00 PM)
1.62
-0.03 (-1.82%)
NEXGOLD MINING CORP / NEXG.CA TA FAQ
Can you provide the ChartMill technical rating for NEXGOLD MINING CORP?
ChartMill assigns a technical rating of 6 / 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 NEXG stock?
NEXGOLD MINING CORP (NEXG.CA) has an RSI value of 50.1206. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NEXGOLD MINING CORP?
The short term momentum for NEXGOLD MINING CORP (NEXG.CA) is neutral.
What are the support and resistance levels for NEXGOLD MINING CORP (NEXG.CA) stock?
NEXGOLD MINING CORP (NEXG.CA) has a support level at 1.61 and a resistance level at 1.7. Check the full technical report for our detailed analysis of NEXG.CA support and resistance levels.