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.
When comparing the yearly performance of all stocks, we notice that NGEX is one of the better performing stocks in the market, outperforming 88% of all 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 807 other stocks in this industry. NGEX outperforms 72% of them.
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.
In the last month NGEX has a been trading in the 11.88 - 16.50 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although NGEX has an excellent technical rating, the quality of the presented setup is not ideal 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
10.91
15.36
When analyzing the support we can see 5 important areas.
- A support zone ranging from 15.09 to 15.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @12.93 from a trend line in the daily time frame.
- Support @12.34 from a trend line in the weekly time frame.
- A support zone ranging from 11.52 to 11.65. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @11.02 from a trend 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 | 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 | 88.57 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 88.57% 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) | 55.94 | NEUTRAL | The RSI value for NGEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.12 | NEGATIVE | The MACD value suggests NGEX.CA has a negative trend. |
| Stochastics (14,3) | 40.79 | NEUTRAL | The Stochastics value for NGEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 4.67 | MEDIUM VOLATILITY | The ATR as a percentage value for NGEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 34.47 | 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 (6/13/2025, 7:00:00 PM)
15.21
+0.05 (+0.33%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.33%
1 Week-7.59%
2 Weeks-3.43%
1 Month26.75%
3 Month13.17%
6 Month19.29%
12 Month76.04%
2 Year110.08%
3 Year700.53%
5 Year3437.21%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.62
ATR(20)%4.67%
ATR Inc-43.91%
Range Today0.48
ADR(20)0.68
ADR(20)%4.44%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS88.57
Mansfield2.14
10 Day High16.5
10 Day Low14.73
20 Day High16.5
20 Day Low11.88
52 Week High16.5
52 Week Low7.82
CS1 End15.2
CR1 StartN/A
Volume & EV
DER(3)-5.63%
DER(5)-2.92%
Volume403.62K
Volume Incr-44.32%
Vol(5)209.22K
Vol(50)284.99K