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NGEX MINERALS LTD (NGEX.CA) Stock Technical Analysis

TSX-V:NGEX - TSX Venture Exchange - CA65343P1036 - Common Stock - Currency: CAD

19.52  +0.21 (+1.09%)

Technical Rating and Analysis

10

We assign a technical rating of 10 out of 10 to NGEX. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NGEX is showing a nice and steady performance.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that NGEX is one of the better performing stocks in the market, outperforming 93% of all stocks. We also observe that the gains produced by NGEX over the past year are nicely spread over this period.
NGEX is part of the Metals & Mining industry. There are 794 other stocks in this industry. NGEX outperforms 85% of them.
A new 52 week high is currently being made by NGEX, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NGEX has a been trading in the 15.14 - 19.59 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
NGEX MINERALS LTD / NGEX Weekly stock chart
NGEX MINERALS LTD / NGEX Daily stock chart
Setup Rating and Analysis

2

Although NGEX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

11.81

19.72

We found 2 important support areas.

  • Support @12.85 from a trend line in the weekly time frame.
  • Support @11.93 from a trend line in the weekly time frame.

Technical Indicator Signal Analysis

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.

IndicatorValueSignalComment
ChartMill Long Term Trend IndicatorUPPOSITIVEThe long term trend for NGEX.CA is up.
ChartMill Short Term Trend IndicatorUPPOSITIVEThe short term trend for NGEX.CA is up.
ChartMill Relative Strength93.65POSITIVENGEX.CA has a high relative strength, it outperformed 93.65% off all stocks on the market.
Simple Moving Average/SMA (20)UPPOSITIVEThe current price of NGEX.CA is above the rising SMA(20).
Simple Moving Average/SMA (50)UPPOSITIVEThe current price of NGEX.CA is above the rising SMA(50).
Simple Moving Average/SMA (200)UPPOSITIVEThe current price of NGEX.CA is above the rising SMA(200).
Relative Strength Index/RSI (14)81.28OVERBOUGHTThe high RSI value suggests NGEX.CA may be overbought.
Moving Average Convergence Divergence/MACD (12, 26, 9)0.24POSITIVEThe MACD value suggests NGEX.CA has a positive trend.
Stochastics (14,3)96.38OVERBOUGHTThe high Stochastics value suggests NGEX.CA may be overbought.
Average True Range in percent/ATR (20)2.95MEDIUM VOLATILITYThe ATR as a percentage value for NGEX.CA suggests some volalility.
Average Directional Index/ADX (14)44.33POSITIVEThe high ADX value value for NGEX.CA suggests a strong trend.
Chart- and CandleStick Pattern Analysis
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)
NGEX MINERALS LTD / NGEX Daily stock chart

NGEX MINERALS LTD

TSX-V:NGEX (7/24/2025, 7:00:00 PM)

19.52

+0.21 (+1.09%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.09%
1 Week11.29%
2 Weeks14.69%
1 Month27.67%
3 Month53.82%
6 Month34.34%
12 Month122.32%
2 Year178.46%
3 Year916.67%
5 Year4286.52%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.53
ATR(20)%2.95%
ATR Inc1.87%
Range Today0.38
ADR(20)0.56
ADR(20)%2.89%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS93.65
Mansfield3.8
10 Day High19.59
10 Day Low16.74
20 Day High19.59
20 Day Low15.14
52 Week High19.59
52 Week Low8.51
CS1 End12.85
CR1 StartN/A
Volume & EV
DER(3)2.29%
DER(5)5.72%
Volume242.64K
Volume Incr10.24%
Vol(5)277.54K
Vol(50)293.27K