NERVGEN PHARMA CORP (NGEN.CA) Stock Technical Analysis
Canada - TSX-V:NGEN - CA64082X2032 - Common Stock
4.69 CAD
+0.04 (+0.86%)
We assign a technical rating of 9 out of 10 to NGEN. In the past year, NGEN was one of the better performing stocks in the market. The medium term picture became unclear, although we see some improvement happening in recent action.
The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
When comparing the yearly performance of all stocks, we notice that NGEN is one of the better performing stocks in the market, outperforming 83% of all stocks. We also observe that the gains produced by NGEN over the past year are nicely spread over this period.
NGEN is part of the Pharmaceuticals industry. There are 32 other stocks in this industry. NGEN outperforms 87% of them.
In the last month NGEN has a been trading in the 3.23 - 4.88 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGEN is lagging the market.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
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.
More info and screens
2.49
4.76
5 important support areas can be observed.
- Support @3.41 from a trend line in the daily time frame.
- Support @3.09 from a trend line in the weekly time frame.
- Support @2.86 from a trend line in the daily time frame.
- Support @2.80 from a horizontal line in the daily time frame.
- Support @2.52 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- Resistance @4.71 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 | NEUTRAL | NEUTRAL | The long term trend for NGEN.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NGEN.CA is up. |
| ChartMill Relative Strength | 83.31 | POSITIVE | NGEN.CA has a high relative strength, it outperformed 83.31% 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) | 75.5 | OVERBOUGHT | The high RSI value suggests NGEN.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NGEN.CA has a positive trend. |
| Stochastics (14,3) | 89.39 | OVERBOUGHT | The high Stochastics value suggests NGEN.CA may be overbought. |
| Average True Range in percent/ATR (20) | 6.01 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 34.24 | 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 (10/10/2025, 7:00:00 PM)
4.69
+0.04 (+0.86%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg0.86%
1 Week10.35%
2 Weeks42.99%
1 Month28.49%
3 Month18.73%
6 Month66.9%
12 Month98.73%
2 Year152.15%
3 Year160.56%
5 Year196.84%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.33
ATR(20)%6.01%
ATR Inc17.36%
Range Today0.31
ADR(20)0.27
ADR(20)%5.86%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.31
Mansfield3.26
10 Day High4.88
10 Day Low3.24
20 Day High4.88
20 Day Low3.23
52 Week High7.05
52 Week Low2.05
CS1 End3.41
CR1 Start4.71
Volume & EV
DER(3)-13.03%
DER(5)-13.12%
Volume143.31K
Volume Incr126.07%
Vol(5)164.37K
Vol(50)87.61K