NGEX MINERALS LTD (NGEX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NGEX - CA65343P1036 - Common Stock
Overall NGEX gets a technical rating of 8 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.
NGEX has an excellent technical rating and also presents a decent setup pattern. Prices have been consolidating lately. There is a support zone below the current price at 24.56, a Stop Loss order could be placed below this zone. Very recently a Pocket Pivot signal was observed. This is another positive sign.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
14.57
When analyzing the support we can see 4 important areas.
- A support zone ranging from 24.07 to 24.56. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @22.81 from a horizontal line in the weekly time frame.
- A support zone ranging from 22.07 to 22.29. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @14.72 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 26.26 to 26.51. This zone is formed by a combination of multiple trend lines in multiple time frames.
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 | 79.14 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 79.14% 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) | DOWN | MIXED | The current price of NGEX.CA is above a declining 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) | 52.95 | NEUTRAL | The RSI value for NGEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.07 | POSITIVE | The MACD value suggests NGEX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 56.1 | NEUTRAL | The Stochastics value for NGEX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.57 | MEDIUM VOLATILITY | The ATR as a percentage value for NGEX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 14.01 | NEGATIVE | The low ADX value for NGEX.CA suggests a weak or negative trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 26.52 | 24.06 | 2.46 (9.28%) | 10.78% |
| An entry @26.52. This is a Buy Stop order right above the resistance zone. | An exit @24.06. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 2.46 points, which is 9.28%. | When investing 10.78% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX-V:NGEX (12/24/2025, 7:00:00 PM)
25.25
-0.67 (-2.58%)
NGEX MINERALS LTD / NGEX.CA FAQ
Can you provide the ChartMill technical rating for NGEX MINERALS LTD?
ChartMill assigns a technical rating of 8 / 10 to NGEX.CA.
What is the trend direction for NGEX 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 52.9486. This indicates that the stock is currently neutral.
What is the short term momentum for NGEX stock?
The short term momentum for NGEX MINERALS LTD (NGEX.CA) is positive.
What is the buy/sell signal for NGEX MINERALS LTD (NGEX.CA) stock?
The buy/sell signal for NGEX MINERALS LTD (NGEX.CA) is buy as both the short term and long term trends are positive.