NEXGOLD MINING CORP (NEXG.CA) Stock Technical Analysis
Canada - TSX-V:NEXG - CA65345V1085 - Common Stock
1.72 CAD
0 (0%)
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 part of the Metals & Mining industry. There are 822 other stocks in this industry. NEXG outperforms 82% of them.
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 1.14 - 1.82 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 93% of all stocks. However, this relatively good performance is mostly due to a recent big move.
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. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.63
1.74
We found 2 important support areas.
- Support @0.73 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 | 93.08 | POSITIVE | NEXG.CA has a high relative strength, it outperformed 93.08% 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) | 69.15 | NEUTRAL | The RSI value for NEXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NEXG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 75.56 | NEUTRAL | The Stochastics value for NEXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.93 | HIGH VOLATILITY | The high ATR as a percentage value for NEXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 66.15 | 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 (10/1/2025, 7:00:00 PM)
1.72
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week9.15%
2 Weeks20.14%
1 Month32.54%
3 Month128.77%
6 Month165.08%
12 Month108.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.11
ATR(20)%6.93%
ATR Inc-21%
Range Today0.14
ADR(20)0.11
ADR(20)%6.19%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.08
Mansfield8.86
10 Day High1.82
10 Day Low1.37
20 Day High1.82
20 Day Low1.14
52 Week High1.82
52 Week Low0.61
CS1 End0.73
CR1 StartN/A
Volume & EV
DER(3)-0.26%
DER(5)-0.23%
Volume927.45K
Volume Incr1.32%
Vol(5)1.22M
Vol(50)883.76K