NERVGEN PHARMA CORP (NGEN.CA) Stock Technical Analysis
Canada - TSX-V:NGEN - CA64082X2032 - Common Stock
3.52 CAD
-0.08 (-2.22%)
Taking everything into account, NGEN scores 5 out of 10 in our technical rating. NGEN has been an average performer 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.
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 52% of all stocks.
NGEN is an average performer in the Pharmaceuticals industry, it outperforms 57% 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 currently trading near new highs, so NGEN is lagging the market.
In the last month NGEN has a been trading in the 3.32 - 4.03 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is only medium, NGEN does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 3.51, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
2.47
3.88
We found 4 important support areas.
- A support zone ranging from 3.50 to 3.51. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @3.03 from a trend line in the weekly time frame.
- A support zone ranging from 2.80 to 2.83. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @2.49 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 3.63 to 3.69. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 3.79 to 3.84. 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 | 52.02 | NEUTRAL | NGEN.CA is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NGEN.CA is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of NGEN.CA is above 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) | 48.66 | NEUTRAL | The RSI value for NGEN.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NGEN.CA has a negative trend. |
| Stochastics (14,3) | 24.94 | NEUTRAL | The Stochastics value for NGEN.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.97 | HIGH VOLATILITY | The high ATR as a percentage value for NGEN.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 23.14 | NEUTRAL | The ADX value for NGEN.CA suggests a possible start of a new 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 (9/19/2025, 7:00:00 PM)
3.52
-0.08 (-2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-2.22%
1 Week-3.56%
2 Weeks-6.88%
1 Month1.15%
3 Month-7.61%
6 Month31.84%
12 Month28.47%
2 Year83.33%
3 Year93.41%
5 Year168.7%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.19
ATR(20)%5.97%
ATR Inc-32.41%
Range Today0.18
ADR(20)0.2
ADR(20)%5.78%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS52.02
Mansfield0
10 Day High4.03
10 Day Low3.52
20 Day High4.03
20 Day Low3.32
52 Week High7.05
52 Week Low2.05
CS1 End3.51
CR1 Start3.63
Volume & EV
DER(3)-118.69%
DER(5)-86.56%
Volume46.89K
Volume Incr-32.77%
Vol(5)55.56K
Vol(50)77.78K