NEXTSOURCE MATERIALS INC (NEXT.CA) Stock Technical Analysis
Canada - TSX:NEXT - CA65343M2094 - Common Stock
0.395 CAD
-0.02 (-5.95%)
Taking everything into account, NEXT scores 5 out of 10 in our technical rating. NEXT has been an average performer in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
In the last month NEXT has a been trading in the 0.38 - 0.54 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
Looking at the yearly performance, NEXT did better than 71% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
NEXT is an average performer in the Metals & Mining industry, it outperforms 46% of 795 stocks in the same industry.
NEXT is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NEXT is lagging the market.
Considerably lower volume is observed in the last couple of days.
NEXT has an average technical rating and the quality of the presented setup is also not ideal 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
0.39
0.91
We can see 4 important resistance areas.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.47 from a trend line in the daily time frame.
- Resistance @0.48 from a horizontal line in the daily time frame.
- Resistance @0.90 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 | NEUTRAL | NEUTRAL | The long term trend for NEXT.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NEXT.CA is neutral. |
| ChartMill Relative Strength | 71.75 | POSITIVE | NEXT.CA has a high relative strength, it outperformed 71.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NEXT.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NEXT.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NEXT.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 49.4 | NEUTRAL | The RSI value for NEXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NEXT.CA has a negative trend. |
| Stochastics (14,3) | 51.67 | NEUTRAL | The Stochastics value for NEXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.46 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.01 | NEUTRAL | The ADX value for NEXT.CA 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)
TSX:NEXT (9/12/2025, 7:00:00 PM)
0.395
-0.02 (-5.95%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.95%
1 Week-11.58%
2 Weeks-1.18%
1 Month-15.15%
3 Month82.61%
6 Month6.33%
12 Month-36.36%
2 Year-66.93%
3 Year-82.28%
5 Year5%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%9.46%
ATR Inc-11.65%
Range Today0.02
ADR(20)0.04
ADR(20)%9.75%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS71.75
Mansfield-2
10 Day High0.48
10 Day Low0.38
20 Day High0.54
20 Day Low0.38
52 Week High0.93
52 Week Low0.15
CS1 End0.4
CR1 Start0.47
Volume & EV
DER(3)-292.27%
DER(5)-290.05%
Volume105.26K
Volume Incr-24.28%
Vol(5)68.18K
Vol(50)151.43K