NORTHERN GRAPHITE CORP (NGC.CA) Stock Technical Analysis
TSX-V:NGC - TSX Venture Exchange - CA66516A1057 - Common Stock - Currency: CAD
We assign a technical rating of 10 out of 10 to NGC. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NGC is showing a nice and steady performance.
Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NGC is one of the better performing stocks in the market, outperforming 83% of all stocks.
NGC is an average performer in the Metals & Mining industry, it outperforms 62% of 794 stocks in the same industry.
NGC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGC is lagging the market.
In the last month NGC has a been trading in the 0.08 - 0.15 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.
Besides having an excellent technical rating, NGC also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is very little resistance above the current price. There is a support zone below the current price at 0.11, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
0.08
0.13
We found 3 important support areas.
- A support zone ranging from 0.11 to 0.11. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.10 to 0.10. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines in the daily time frame.
2 important resistance areas can be observed.
- Resistance @0.12 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.13 to 0.13. 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 NGC.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGC.CA is up. |
| ChartMill Relative Strength | 83.58 | POSITIVE | NGC.CA has a high relative strength, it outperformed 83.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGC.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 56.78 | NEUTRAL | The RSI value for NGC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NGC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.23 | NEUTRAL | The Stochastics value for NGC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 13.33 | HIGH VOLATILITY | The high ATR as a percentage value for NGC.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 27.66 | POSITIVE | The high ADX value value for NGC.CA suggests a strong 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)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 0.13 | 0.10 | 0.04 (26.92%) | 3.71% |
| An entry @0.13. This is a Buy Stop order right above the resistance zone. | An exit @0.10. This is a Stop Loss order right below the 10 day low. | The trade has a worst case loss of 0.04 points, which is 26.92%. | When investing 3.71% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NGC (8/11/2025, 7:00:00 PM)
0.12
+0 (+4.35%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.35%
1 Week9.09%
2 Weeks0%
1 Month41.18%
3 Month26.32%
6 Month-4%
12 Month50%
2 Year-60.66%
3 Year-80.65%
5 Year-51.02%
10 Year-69.23%
15 YearN/A
Volatility
ATR(14)0.01
ATR(20)%13.33%
ATR Inc-33.33%
Range Today0.01
ADR(20)0.02
ADR(20)%12.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.58
Mansfield0.5
10 Day High0.13
10 Day Low0.11
20 Day High0.15
20 Day Low0.08
52 Week High0.2
52 Week Low0.05
CS1 End0.11
CR1 Start0.12
Volume & EV
DER(3)-344.13%
DER(5)-574.71%
Volume23.30K
Volume Incr-82.31%
Vol(5)41.68K
Vol(50)137.75K