NGEX MINERALS LTD (NGEX.CA) Stock Technical Analysis
TSX-V:NGEX - TSX Venture Exchange - CA65343P1036 - Common Stock - Currency: CAD
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.
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.
More info and screens
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.
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 | 93.65 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 93.65% 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) | 81.28 | OVERBOUGHT | The high RSI value suggests NGEX.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NGEX.CA has a positive trend. |
| Stochastics (14,3) | 96.38 | OVERBOUGHT | The high Stochastics value suggests NGEX.CA may be overbought. |
| Average True Range in percent/ATR (20) | 2.95 | MEDIUM VOLATILITY | The ATR as a percentage value for NGEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 44.33 | 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 (7/24/2025, 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