NERVGEN PHARMA CORP (NGEN.CA) Stock Technical Analysis
TSX-V:NGEN - TSX Venture Exchange - CA64082X2032 - Common Stock - Currency: CAD
Taking everything into account, NGEN scores 8 out of 10 in our technical rating. In the last year, NGEN was one of the better performers, but we do observe some doubts in the very recent evolution.
NGEN 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 NGEN is lagging the market.
In the last month NGEN has a been trading in the 2.57 - 6.76 range, which is quite wide. It is currently trading near the lows of this range.
Looking at the yearly performance, NGEN did better than 88% of all other stocks. We also observe that the gains produced by NGEN over the past year are nicely spread over this period.
NGEN is one of the better performing stocks in the Pharmaceuticals industry, it outperforms 90% of 34 stocks in the same industry.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
Although NGEN has an excellent technical rating, the quality of the presented setup is not ideal at the moment. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
2.35
4.06
7 important support areas can be observed.
- Support @3.47 from a horizontal line in the daily time frame.
- Support @3.34 from a horizontal line in the weekly time frame.
- Support @2.95 from a trend line in the weekly time frame.
- Support @2.88 from a trend line in the daily time frame.
- Support @2.80 from a horizontal line in the daily time frame.
- Support @2.73 from a trend line in the daily time frame.
- Support @2.37 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.69 to 3.75. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.02 from a horizontal 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 | UP | POSITIVE | The long term trend for NGEN.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGEN.CA is down. |
| ChartMill Relative Strength | 88.66 | POSITIVE | NGEN.CA has a high relative strength, it outperformed 88.66% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGEN.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGEN.CA is below 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) | 46.12 | NEUTRAL | The RSI value for NGEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.08 | NEGATIVE | The MACD value suggests NGEN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 29.03 | NEUTRAL | The Stochastics value for NGEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 19.01 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 26.07 | POSITIVE | The high ADX value value for NGEN.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)
TSX-V:NGEN (6/18/2025, 7:00:00 PM)
3.58
+0.1 (+2.87%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg2.87%
1 Week-8.21%
2 Weeks8.81%
1 Month-45.51%
3 Month34.08%
6 Month19.33%
12 Month55.65%
2 Year118.29%
3 Year84.54%
5 Year61.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.65
ATR(20)%19.01%
ATR Inc-71.88%
Range Today0.19
ADR(20)0.68
ADR(20)%18.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.66
Mansfield1.52
10 Day High4.3
10 Day Low2.88
20 Day High6.76
20 Day Low2.57
52 Week High7.05
52 Week Low2.05
CS1 End3.47
CR1 Start3.69
Volume & EV
DER(3)0%
DER(5)0%
Volume52.61K
Volume Incr-60.57%
Vol(5)145.70K
Vol(50)200.24K