NEXTSOURCE MATERIALS INC (NEXT.CA) Stock Technical Analysis
Canada - TSX:NEXT - CA65343M2094 - Common Stock
Overall NEXT gets a technical rating of 3 out of 10. In the last year, NEXT was a bad performer. We also see some doubts in the very recent evolution, but in the medium term things still look positive.
NEXT has a bad technical rating, but it does show a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price.
More info and screens
0.37
We found 3 important support areas.
- Support @0.41 from a trend line in the weekly time frame.
- A support zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.37 to 0.37. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.48 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines in multiple time frames.
- 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 | UP | POSITIVE | The long term trend for NEXT.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEXT.CA is down. |
| ChartMill Relative Strength | 10.7 | NEGATIVE | NEXT.CA has a low relative strength, it was outperformed by 89.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NEXT.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NEXT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | MIXED | The current price of NEXT.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.3 | NEUTRAL | The RSI value for NEXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NEXT.CA has a negative trend. |
| Stochastics (14,3) | 40.48 | NEUTRAL | The Stochastics value for NEXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.73 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.57 | NEGATIVE | The low ADX value for NEXT.CA suggests a weak or negative trend. |
TSX:NEXT (11/14/2025, 7:00:00 PM)
0.43
+0.01 (+1.18%)
NEXTSOURCE MATERIALS INC / NEXT.CA FAQ
What is the ChartMill technical rating of NEXTSOURCE MATERIALS INC (NEXT.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to NEXT.CA.
What is the trend direction for NEXT stock?
The current trend direction for NEXTSOURCE MATERIALS INC (NEXT.CA) is Bullish.
What is the RSI signal for NEXTSOURCE MATERIALS INC (NEXT.CA) stock?
NEXTSOURCE MATERIALS INC (NEXT.CA) has an RSI value of 48.3013. This indicates that the stock is currently neutral.
What is the short term momentum for NEXTSOURCE MATERIALS INC (NEXT.CA) stock?
The short term momentum for NEXTSOURCE MATERIALS INC (NEXT.CA) is negative.
Can you provide the support and resistance levels for NEXTSOURCE MATERIALS INC?
NEXTSOURCE MATERIALS INC (NEXT.CA) has a support level at 0.41 and a resistance level at 0.48. Check the full technical report for our detailed analysis of NEXT.CA support and resistance levels.