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. In the last year, NEXG was one of the better performers, but we do observe some doubts in the very recent evolution.
- 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 89% of all stocks. On top of that, NEXG also shows a nice and consistent pattern of rising prices.
- NEXG is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NEXG is lagging the market slightly.
- NEXG is an average performer in the Metals & Mining industry, it outperforms 69% of 803 stocks in the same industry.
- In the last month NEXG has a been trading in the 1.61 - 2.25 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NEXG has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is very little resistance above the current price. There is a support zone below the current price at 1.73, a Stop Loss order could be placed below this zone.
More info and screens
1.62
2 important support areas can be observed.
- A support zone ranging from 1.69 to 1.73. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @1.64 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 | 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 | 89 | POSITIVE | NEXG.CA has a high relative strength, it outperformed 89% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NEXG.CA is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEXG.CA is above 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) | 55.53 | NEUTRAL | The RSI value for NEXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NEXG.CA has a positive trend. |
| Stochastics (14,3) | 66.38 | NEUTRAL | The Stochastics value for NEXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.19 | HIGH VOLATILITY | The high ATR as a percentage value for NEXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.06 | NEGATIVE | The low ADX value for NEXG.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 1.96 | 1.68 | 0.28 (14.29%) | 7.00% |
| An entry @1.96. This is a Buy Stop order right above the 10 day high. | An exit @1.68. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.28 points, which is 14.29%. | For a 1.00% total portfolio risk, you can invest 7.00% of your capital in this trade. |
- 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.
TSX-V:NEXG (2/20/2026, 7:00:00 PM)
1.91
+0.03 (+1.6%)
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 55.5314. 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 0.0012587, indicating a bearish trend.