NEXTSOURCE MATERIALS INC (NEXT.CA) Stock Technical Analysis
TSX:NEXT • CA65343M2094
Overall NEXT gets a technical rating of 0 out of 10. NEXT scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 92% of all other stocks performed better in the past year than NEXT.
- NEXT is one of the lesser performing stocks in the Metals & Mining industry. 91% of 802 stocks in the same industry do better.
- In the last month NEXT has a been trading in the 0.29 - 0.54 range, which is quite wide. It is currently trading near the lows of this range.
- 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.
- Volume is considerably higher in the last couple of days.
NEXT has a poor technical rating and the quality of the setup is also not perfect 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
0.30
We found 1 important support area.
- Support @0.30 from a trend line in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.52 from a trend line in the weekly time frame.
- Resistance @0.54 from a trend line in the daily 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 | DOWN | NEGATIVE | The long term trend for NEXT.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NEXT.CA is down. |
| ChartMill Relative Strength | 8.27 | NEGATIVE | NEXT.CA has a low relative strength, it was outperformed by 91.73% 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) | DOWN | NEGATIVE | The current price of NEXT.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NEXT.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.09 | 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, although the MACD value is rising. |
| Stochastics (14,3) | 23.77 | NEUTRAL | The Stochastics value for NEXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.64 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.21 | POSITIVE | The high ADX value value for NEXT.CA suggests a strong trend. |
TSX:NEXT (2/27/2026, 7:00:00 PM)
0.33
-0.01 (-2.94%)
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 0 / 10 to NEXT.CA.
Can you provide the trend direction for NEXTSOURCE MATERIALS INC?
The current trend direction for NEXTSOURCE MATERIALS INC (NEXT.CA) is Bearish.
What is the RSI signal for NEXTSOURCE MATERIALS INC (NEXT.CA) stock?
NEXTSOURCE MATERIALS INC (NEXT.CA) has an RSI value of 38.0884. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEXT stock?
The buy/sell signal for NEXTSOURCE MATERIALS INC (NEXT.CA) is sell as both the short term and long term trends are negative.
What is the support and resistance level for NEXT stock?
NEXTSOURCE MATERIALS INC (NEXT.CA) has a support level at 0.3 and a resistance level at 0.52. Check the full technical report for our detailed analysis of NEXT.CA support and resistance levels.