NERVGEN PHARMA CORP (NGEN.CA) Technical Analysis
TSX-V:NGEN • CA64082X2032
Overall NGEN gets a technical rating of 5 out of 10. NGEN was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
- The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
- Looking at the yearly performance, NGEN did better than 76% 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.
- NGEN is currently trading in the middle 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 slightly.
- In the last month NGEN has a been trading in the 5.21 - 6.05 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.
NGEN has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 6.03. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NGEN 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
3.50
4 important support areas can be observed.
- Support @5.34 from a horizontal line in the weekly time frame.
- Support @5.25 from a horizontal line in the daily time frame.
- A support zone ranging from 3.79 to 3.83. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @3.54 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- Resistance @5.47 from a trend line in the daily time frame.
- A resistance zone ranging from 6.03 to 6.03. 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 NGEN.CA is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NGEN.CA is neutral. |
| ChartMill Relative Strength | 76.05 | POSITIVE | NGEN.CA has a high relative strength, it outperformed 76.05% 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) | DOWN | NEGATIVE | The current price of NGEN.CA is below a declining 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) | 44.91 | NEUTRAL | The RSI value for NGEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.04 | POSITIVE | The MACD value suggests NGEN.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 39.17 | NEUTRAL | The Stochastics value for NGEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.72 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 22.15 | NEUTRAL | The ADX value for NGEN.CA suggests a possible start of a new trend. |
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 |
|---|---|---|---|
| 5.67 | 5.46 | 0.21 (3.77%) | 25.00% |
| An entry @5.67. This is a Buy Stop order right above the 10 day moving average. | An exit @5.46. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.21 points, which is 3.77%. | For a 0.94% total portfolio risk, you can invest 25.00% of your capital in this trade. |
- The distance between exit and entry is rather small compared to the average daily movement of NGEN. Please evaluate whether better entry and exit points can be found.
- 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.
NGEN.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NGEN (3/6/2026, 7:00:00 PM)
5.46
-0.43 (-7.3%)
NERVGEN PHARMA CORP / NGEN.CA FAQ
What is the ChartMill technical rating of NERVGEN PHARMA CORP (NGEN.CA) stock?
ChartMill assigns a technical rating of 6 / 10 to NGEN.CA.
What is the current trend direction of NERVGEN PHARMA CORP (NGEN.CA) stock?
The current trend direction for NERVGEN PHARMA CORP (NGEN.CA) is Bullish.
What is the RSI signal for NGEN stock?
NERVGEN PHARMA CORP (NGEN.CA) has an RSI value of 44.9085. This indicates that the stock is currently neutral.
What is the MACD signal for NERVGEN PHARMA CORP (NGEN.CA) stock?
The MACD indicator for NERVGEN PHARMA CORP (NGEN.CA) has a value of 0.0372115, indicating a bearish trend.