NEXMETALS MINING CORP (NEXM.CA) Stock Technical Analysis
Canada - TSX-V:NEXM - CA65346E2042 - Common Stock
8.35 CAD
+0.32 (+3.99%)
Overall NEXM gets a technical rating of 5 out of 10. NEXM has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
100% of all other stocks performed better in the past year than NEXM.
NEXM is one of the lesser performing stocks in the Metals & Mining industry. 94% of 807 stocks in the same industry do better.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
The long and short term trends are both positive. This is looking good!
In the last month NEXM has a been trading in the 6.64 - 8.48 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
NEXM has an average technical rating and it also does not offer a high quality setup 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
7.23
8.43
When analyzing the support we notice one important area.
- A support zone ranging from 7.30 to 7.30. 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 NEXM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEXM.CA is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NEXM.CA has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEXM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEXM.CA is above the rising SMA(50). |
| Relative Strength Index/RSI (14) | 59.8 | NEUTRAL | The RSI value for NEXM.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.05 | POSITIVE | The MACD value suggests NEXM.CA has a positive trend. |
| Stochastics (14,3) | 75.83 | NEUTRAL | The Stochastics value for NEXM.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.07 | HIGH VOLATILITY | The high ATR as a percentage value for NEXM.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.84 | NEGATIVE | The low ADX value for NEXM.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:NEXM (9/11/2025, 7:00:00 PM)
8.35
+0.32 (+3.99%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg3.99%
1 Week10.89%
2 Weeks9.87%
1 Month14.07%
3 Month1639.58%
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.37
ATR(20)%5.07%
ATR Inc61.2%
Range Today0.58
ADR(20)0.38
ADR(20)%4.54%
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 High8.48
10 Day Low7.2
20 Day High8.48
20 Day Low6.64
52 Week HighN/A
52 Week LowN/A
CS1 End7.3
CR1 StartN/A
Volume & EV
DER(3)-59.43%
DER(5)-65.6%
Volume140.27K
Volume Incr-7.58%
Vol(5)79.99K
Vol(50)172.29K