NGEX MINERALS LTD (NGEX.CA) Technical Analysis
TSX-V:NGEX • CA62930A1021
Overall NGEX gets a technical rating of 5 out of 10. In the last year, NGEX 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 NGEX has a been trading in the 25.12 - 32.41 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.
- Looking at the yearly performance, NGEX did better than 77% of all other stocks. We also observe that the gains produced by NGEX over the past year are nicely spread over this period.
- NGEX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGEX is performing more or less in line with the market.
- The long term trend is positive and the short term trend is negative. It is probably better to wait until this picture becomes clearer.
- NGEX is part of the Metals & Mining industry. There are 815 other stocks in this industry, NGEX did better than 45% of them.
NGEX 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
15.49
We found 3 important support areas.
- A support zone ranging from 25.66 to 25.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @23.80 from a trend line in the daily time frame.
- Support @15.65 from a trend line in the weekly 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 | UP | POSITIVE | The long term trend for NGEX.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGEX.CA is down. |
| ChartMill Relative Strength | 77.82 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 77.82% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGEX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NGEX.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NGEX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 35.78 | NEUTRAL | The RSI value for NGEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.58 | NEGATIVE | The MACD value suggests NGEX.CA has a negative trend. |
| Stochastics (14,3) | 17.92 | OVERSOLD | The low Stochastics value suggests NGEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.65 | HIGH VOLATILITY | The high ATR as a percentage value for NGEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 19.88 | NEGATIVE | The low ADX value for NGEX.CA suggests a weak or negative trend. |
NGEX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NGEX (3/12/2026, 7:00:00 PM)
25.67
-0.87 (-3.28%)
NGEX MINERALS LTD / NGEX.CA FAQ
Can you provide the ChartMill technical rating for NGEX MINERALS LTD?
ChartMill assigns a technical rating of 5 / 10 to NGEX.CA.
What is the current trend direction of NGEX MINERALS LTD (NGEX.CA) stock?
The current trend direction for NGEX MINERALS LTD (NGEX.CA) is Bullish.
Can you provide the RSI signal for NGEX MINERALS LTD?
NGEX MINERALS LTD (NGEX.CA) has an RSI value of 35.777. This indicates that the stock is currently neutral.
What is the MACD signal for NGEX MINERALS LTD (NGEX.CA) stock?
The MACD indicator for NGEX MINERALS LTD (NGEX.CA) has a value of -0.577857, indicating a bearish trend.
Can you provide the support and resistance levels for NGEX MINERALS LTD?
NGEX MINERALS LTD (NGEX.CA) has a support level at 25.66. Check the full technical report for our detailed analysis of NGEX.CA support and resistance levels.