Canada - TSX Venture Exchange - TSX-V:NGEN - CA64082X2032 - Common Stock
We assign a technical rating of 10 out of 10 to NGEN. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NGEN is showing a nice and steady performance.
Although NGEN has an excellent technical rating, it does not present a decent entry opportunity 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.
3.29
When analyzing the support we notice one important area.
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 NGEN.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGEN.CA is up. |
| ChartMill Relative Strength | 91.75 | POSITIVE | NGEN.CA has a high relative strength, it outperformed 91.75% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGEN.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGEN.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGEN.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 79.86 | OVERBOUGHT | The high RSI value suggests NGEN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.11 | POSITIVE | The MACD value suggests NGEN.CA has a positive trend. |
| Stochastics (14,3) | 92.02 | OVERBOUGHT | The high Stochastics value suggests NGEN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.1 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 62.34 | POSITIVE | The high ADX value value for NGEN.CA suggests a strong trend. |
TSX-V:NGEN (1/5/2026, 7:00:00 PM)
8
+0.07 (+0.88%)
ChartMill assigns a technical rating of 10 / 10 to NGEN.CA.
The current trend direction for NERVGEN PHARMA CORP (NGEN.CA) is Bullish.
NERVGEN PHARMA CORP (NGEN.CA) has an RSI value of 79.8601. This indicates that the stock is currently overbought.
The MACD indicator for NERVGEN PHARMA CORP (NGEN.CA) has a value of 0.108001, indicating a bearish trend.
The buy/sell signal for NERVGEN PHARMA CORP (NGEN.CA) is buy as both the short term and long term trends are positive.