NEXGOLD MINING CORP (NEXG.CA) Stock Technical Analysis
TSX-V:NEXG - CA65345V1085 - Common Stock
1.13 CAD
+0.04 (+3.67%)
We assign a technical rating of 9 out of 10 to NEXG. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NEXG is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
NEXG is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NEXG has a been trading in the 0.73 - 1.15 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, which is what you like to see during a strong movement up.
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. However, this relatively good performance is mostly due to a recent big move.
NEXG is part of the Metals & Mining industry. There are 796 other stocks in this industry, NEXG did better than 61% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NEXG has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.63
1.14
5 important support areas can be observed.
- A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.76 to 0.76. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.73 from a horizontal line in the daily time frame.
- Support @0.71 from a horizontal line in the daily time frame.
- Support @0.64 from a horizontal line in the weekly 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 | UP | POSITIVE | The short term trend for NEXG.CA is up. |
| ChartMill Relative Strength | 82.55 | POSITIVE | NEXG.CA has a high relative strength, it outperformed 82.55% 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) | 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) | 82.87 | OVERBOUGHT | The high RSI value suggests NEXG.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NEXG.CA has a positive trend. |
| Stochastics (14,3) | 93.78 | OVERBOUGHT | The high Stochastics value suggests NEXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.2 | MEDIUM VOLATILITY | The ATR as a percentage value for NEXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 45.43 | POSITIVE | The high ADX value value for NEXG.CA suggests a strong 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:NEXG (8/29/2025, 7:00:00 PM)
1.13
+0.04 (+3.67%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.67%
1 Week32.94%
2 Weeks41.25%
1 Month54.79%
3 Month46.75%
6 Month68.66%
12 Month36.14%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%4.2%
ATR Inc114.05%
Range Today0.05
ADR(20)0.04
ADR(20)%3.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.55
Mansfield4.01
10 Day High1.15
10 Day Low0.77
20 Day High1.15
20 Day Low0.73
52 Week High1.15
52 Week Low0.61
CS1 End0.8
CR1 StartN/A
Volume & EV
DER(3)-0.15%
DER(5)-0.12%
Volume1.35M
Volume Incr140.27%
Vol(5)1.45M
Vol(50)610.39K