NERVGEN PHARMA CORP (NGEN.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NGEN • CA64082X2032
We assign a technical rating of 6 out of 10 to NGEN. In the last year, NGEN was one of the better performers, although we are getting mixed signals now in both the short and medium term time frames.
- In the last month NGEN has a been trading in the 5.11 - 8.24 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.
- 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 33 other stocks in this industry. NGEN outperforms 93% of them.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- 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.
NGEN has an average technical rating and it also does not offer a high quality setup 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
3.24
When analyzing the support we can see 4 important areas.
- Support @3.71 from a trend line in the weekly time frame.
- Support @3.65 from a trend line in the daily time frame.
- Support @3.45 from a trend line in the weekly time frame.
- Support @3.27 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- Resistance @5.80 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 | DOWN | NEGATIVE | The short term trend for NGEN.CA is down. |
| ChartMill Relative Strength | 83.28 | POSITIVE | NGEN.CA has a high relative strength, it outperformed 83.28% 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) | 30.13 | NEUTRAL | The RSI value for NGEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.21 | NEGATIVE | The MACD value suggests NGEN.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 17.88 | OVERSOLD | The low Stochastics value suggests NGEN.CA may be oversold. |
| Average True Range in percent/ATR (20) | 8.1 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 35.64 | POSITIVE | The high ADX value value for NGEN.CA suggests a strong trend. |
TSX-V:NGEN (2/5/2026, 7:00:00 PM)
5.26
-0.49 (-8.52%)
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 Bearish.
What is the RSI signal for NGEN stock?
NERVGEN PHARMA CORP (NGEN.CA) has an RSI value of 30.1301. 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 -0.214646, indicating a bearish trend.