NEXTSOURCE MATERIALS INC (NEXT.CA) Technical Analysis
TSX:NEXT • CA65343M2094
Current stock price
NEXT.CA Technical Rating and Analysis
We assign a technical rating of 0 out of 10 to NEXT. NEXT's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, NEXT is a bad performer in the overall market: 90% of all stocks are doing better.
- NEXT is one of the lesser performing stocks in the Metals & Mining industry. 84% of 798 stocks in the same industry do better.
- NEXT is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NEXT is lagging the market.
- In the last month NEXT has a been trading in the 0.24 - 0.31 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Considerably lower volume is observed in the last couple of days.
NEXT.CA Weekly and Daily overview Charts
NEXT.CA Setup Rating and Analysis
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 a resistance zone just above the current price starting at 0.29. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NEXT in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
NEXT.CA Support and Resistance Analysis
0.26
2 important support areas can be observed.
- Support @0.27 from a trend line in the weekly time frame.
- A support zone ranging from 0.26 to 0.26. This zone is formed by a combination of multiple trend lines in multiple time frames.
3 important resistance areas can be observed.
- A resistance zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.48 from a trend line in the weekly time frame.
- Resistance @0.53 from a trend line in the daily time frame.
NEXT.CA Technical Indicator Signal Analysis
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 | 10.47 | NEGATIVE | NEXT.CA has a low relative strength, it was outperformed by 89.53% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NEXT.CA is above 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) | 44.68 | NEUTRAL | The RSI value for NEXT.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NEXT.CA has a positive trend. |
| Stochastics (14,3) | 54.76 | NEUTRAL | The Stochastics value for NEXT.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.83 | HIGH VOLATILITY | The high ATR as a percentage value for NEXT.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.09 | POSITIVE | The high ADX value value for NEXT.CA suggests a strong trend. |
NEXT.CA Chart- and CandleStick Pattern Analysis
NEXT.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:NEXT (4/7/2026, 7:00:00 PM)
0.285
+0 (+1.79%)
NEXTSOURCE MATERIALS INC / NEXT.CA TA 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.
Can you provide the RSI signal for NEXTSOURCE MATERIALS INC?
NEXTSOURCE MATERIALS INC (NEXT.CA) has an RSI value of 44.6785. 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.
What is the buy/sell signal for NEXTSOURCE MATERIALS INC (NEXT.CA) stock?
The buy/sell signal for NEXTSOURCE MATERIALS INC (NEXT.CA) is sell as both the short term and long term trends are negative.