NGEX MINERALS LTD (NGEX.CA) Stock Technical Analysis
TSX-V:NGEX - TSX Venture Exchange - CA65343P1036 - Common Stock - Currency: CAD
Overall NGEX gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NGEX has proven to be a steady performer, scoring decent points in every aspect analyzed.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NGEX did better than 94% of all other stocks. On top of that, NGEX also shows a nice and consistent pattern of rising prices.
NGEX is part of the Metals & Mining industry. There are 806 other stocks in this industry. NGEX outperforms 86% of them.
NGEX is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NGEX has a been trading in the 15.21 - 19.94 range, which is quite wide. It is currently trading near the high of this range.
Although NGEX has an excellent technical rating, it does not present a decent entry opportunity 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
11.88
19.61
We found 2 important support areas.
- Support @12.94 from a trend line in the weekly time frame.
- Support @12.00 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 | UP | POSITIVE | The short term trend for NGEX.CA is up. |
| ChartMill Relative Strength | 94.09 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 94.09% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NGEX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NGEX.CA is above 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) | 73.42 | OVERBOUGHT | The high RSI value suggests NGEX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.13 | POSITIVE | The MACD value suggests NGEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 86.43 | OVERBOUGHT | The high Stochastics value suggests NGEX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.81 | MEDIUM VOLATILITY | The ATR as a percentage value for NGEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 49.79 | POSITIVE | The high ADX value value for NGEX.CA suggests a strong 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:NGEX (7/30/2025, 7:00:00 PM)
19.42
-0.16 (-0.82%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.82%
1 Week0.57%
2 Weeks13.57%
1 Month21.68%
3 Month63.33%
6 Month48.81%
12 Month116.26%
2 Year177.03%
3 Year911.46%
5 Year4264.04%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.48
ATR(20)%2.81%
ATR Inc23.62%
Range Today0.86
ADR(20)0.53
ADR(20)%2.73%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS94.09
Mansfield3.56
10 Day High19.94
10 Day Low17.04
20 Day High19.94
20 Day Low15.21
52 Week High19.94
52 Week Low8.51
CS1 End12.94
CR1 StartN/A
Volume & EV
DER(3)0.12%
DER(5)4.11%
Volume268.26K
Volume Incr-26.4%
Vol(5)208.80K
Vol(50)301.81K