NEXMETALS MINING CORP (NEXM) Stock Technical Analysis
USA - NASDAQ:NEXM - CA65346E2042 - Common Stock
5.68 USD
-0.22 (-3.73%)
5.69 USD
+0.01 (+0.18%)
We assign a technical rating of 4 out of 10 to NEXM. 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. 93% of 156 stocks in the same industry do better.
Both the short term and long term trends are positive. This is a very positive sign.
In the last month NEXM has a been trading in the 5.27 - 6.30 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NEXM has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately.
More info and screens
5.62
6.15
We can see 2 important resistance areas.
- A resistance zone ranging from 5.70 to 5.78. 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 6.09 to 6.09. 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NEXM is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | NEXM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NEXM is below the rising SMA(20). |
| Relative Strength Index/RSI (14) | 48.87 | NEUTRAL | The RSI value for NEXM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.06 | NEGATIVE | The MACD value suggests NEXM has a negative trend. |
| Stochastics (14,3) | 46.88 | NEUTRAL | The Stochastics value for NEXM is a neutral value. |
| Average True Range in percent/ATR (20) | 5.52 | HIGH VOLATILITY | The high ATR as a percentage value for NEXM suggests high volalility. |
| Average Directional Index/ADX (14) | 23.76 | NEUTRAL | The ADX value for NEXM suggests a possible start of a new 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)
5.68
-0.22 (-3.73%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.73%
1 Week-1.73%
2 Weeks-6.58%
1 Month5.97%
3 MonthN/A
6 MonthN/A
12 MonthN/A
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%5.52%
ATR Inc15.28%
Range Today0.27
ADR(20)0.31
ADR(20)%5.44%
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 High6.3
10 Day Low5.58
20 Day High6.3
20 Day Low5.27
52 Week HighN/A
52 Week LowN/A
CS1 EndN/A
CR1 Start5.7
Volume & EV
DER(3)2.01%
DER(5)-2.81%
Volume65.70K
Volume Incr17.63%
Vol(5)68.80K
Vol(50)94.24K