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 2 out of 10 in our technical rating. In the last year, NGEN was a medium performer in the overall market. We are getting mixed signals now in both the short and medium term picture.
NGEN is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NGEN has a been trading in the 3.25 - 4.30 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
When comparing the performance of all stocks over the past year, NGEN turns out to be only a medium performer in the overall market: it outperformed 54% of all stocks.
NGEN is part of the Pharmaceuticals industry. There are 35 other stocks in this industry, NGEN did better than 64% of them.
Considerably lower volume is observed in the last couple of days.
NGEN has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
2.41
4.03
We found 6 important support areas.
- Support @3.49 from a horizontal line in the weekly time frame.
- Support @3.31 from a horizontal line in the daily time frame.
- Support @3.12 from a trend line in the weekly time frame.
- Support @3.02 from a trend line in the daily time frame.
- A support zone ranging from 2.79 to 2.80. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.43 from a trend line in the weekly time frame.
3 important resistance areas can be observed.
- A resistance zone ranging from 3.67 to 3.74. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @3.81 from a horizontal line in the daily time frame.
- A resistance zone ranging from 3.96 to 3.99. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The short term trend for NGEN.CA is down. |
| ChartMill Relative Strength | 54.56 | NEUTRAL | NGEN.CA is not amongst the best or worst performers 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) | 43.53 | NEUTRAL | The RSI value for NGEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NGEN.CA has a negative trend. |
| Stochastics (14,3) | 15.37 | OVERSOLD | The low Stochastics value suggests NGEN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.74 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 11.62 | NEGATIVE | The low ADX value for NGEN.CA suggests a weak or negative 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 (7/28/2025, 7:00:00 PM)
3.5
-0.05 (-1.41%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-1.41%
1 Week-6.91%
2 Weeks-15.25%
1 Month-1.96%
3 Month0%
6 Month21.11%
12 Month23.24%
2 Year113.42%
3 Year62.79%
5 Year112.12%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.27
ATR(20)%7.74%
ATR Inc-27.01%
Range Today0.15
ADR(20)0.27
ADR(20)%7.69%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS54.56
Mansfield0.44
10 Day High4.3
10 Day Low3.44
20 Day High4.3
20 Day Low3.25
52 Week High7.05
52 Week Low2.05
CS1 End3.49
CR1 Start3.67
Volume & EV
DER(3)-5.13%
DER(5)-3.08%
Volume24.14K
Volume Incr12.42%
Vol(5)84.20K
Vol(50)196.27K