NEXGOLD MINING CORP (NEXG.CA) Stock Technical Analysis
TSX-V:NEXG - TSX Venture Exchange - CA65345V1085 - Common Stock - Currency: CAD
Taking everything into account, NEXG scores 4 out of 10 in our technical rating. In the last year, NEXG was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
100% of all other stocks performed better in the past year than NEXG.
NEXG is part of the Metals & Mining industry. There are 808 other stocks in this industry, of which 93% are performing better than NEXG.
In the last month NEXG has a been trading in the 0.73 - 0.82 range, which is quite wide. It is currently trading near the lows of this range.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
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.
Volume is considerably higher in the last couple of days.
NEXG has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
0.62
0.84
We found 3 important support areas.
- A support zone ranging from 0.75 to 0.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.73 to 0.73. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.63 to 0.64. 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 0.77 to 0.78. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.81 to 0.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 0 | NEGATIVE | NEXG.CA has a low relative strength, it was outperformed by 100% 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) | DOWN | MIXED | The current price of NEXG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 45.61 | NEUTRAL | The RSI value for NEXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEXG.CA has a negative trend. |
| Stochastics (14,3) | 29.17 | NEUTRAL | The Stochastics value for NEXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.17 | MEDIUM VOLATILITY | The ATR as a percentage value for NEXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 12.74 | NEGATIVE | The low ADX value for NEXG.CA suggests a weak or negative 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 (7/3/2025, 7:00:00 PM)
0.75
-0.02 (-2.6%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.6%
1 Week-5.06%
2 Weeks-5.06%
1 Month-5.06%
3 Month19.05%
6 Month5.63%
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%4.17%
ATR Inc27.27%
Range Today0.03
ADR(20)0.03
ADR(20)%3.9%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS0
Mansfield-30
10 Day High0.8
10 Day Low0.73
20 Day High0.82
20 Day Low0.73
52 Week High1.07
52 Week Low0.61
CS1 End0.73
CR1 Start0.77
Volume & EV
DER(3)0%
DER(5)0%
Volume370.02K
Volume Incr46.04%
Vol(5)865.65K
Vol(50)534.54K