NGEX MINERALS LTD (NGEX.CA) Technical Analysis
TSX-V:NGEX • CA62930A1021
Current stock price
NGEX.CA Technical Rating and Analysis
We assign a technical rating of 3 out of 10 to NGEX. Although NGEX is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- In the last month NGEX has a been trading in the 24.46 - 30.19 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 81% of all other stocks.
- The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
- NGEX is an average performer in the Metals & Mining industry, it outperforms 60% of 799 stocks in the same industry.
- NGEX is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGEX is lagging the market.
NGEX.CA Weekly and Daily overview Charts
NGEX.CA Setup Rating and Analysis
The technical rating of NGEX is bad and it also does not present a 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
NGEX.CA Support and Resistance Analysis
16.09
4 important support areas can be observed.
- Support @23.38 from a trend line in the weekly time frame.
- Support @22.56 from a trend line in the daily time frame.
- A support zone ranging from 22.07 to 22.09. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @16.25 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 26.64 to 27.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @29.22 from a trend line in the daily time frame.
NGEX.CA Technical Indicator Signal Analysis
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 | NEUTRAL | NEUTRAL | The long term trend for NGEX.CA is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGEX.CA is down. |
| ChartMill Relative Strength | 81.84 | POSITIVE | NGEX.CA has a high relative strength, it outperformed 81.84% 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) | DOWN | NEGATIVE | The current price of NGEX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | MIXED | The current price of NGEX.CA is below the rising SMA(200). |
| Relative Strength Index/RSI (14) | 40.14 | NEUTRAL | The RSI value for NGEX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.45 | NEGATIVE | The MACD value suggests NGEX.CA has a negative trend. |
| Stochastics (14,3) | 5.06 | OVERSOLD | The low Stochastics value suggests NGEX.CA may be oversold. |
| Average True Range in percent/ATR (20) | 5.18 | HIGH VOLATILITY | The high ATR as a percentage value for NGEX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.49 | NEGATIVE | The low ADX value for NGEX.CA suggests a weak or negative trend. |
NGEX.CA Chart- and CandleStick Pattern Analysis
NGEX.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NGEX (5/1/2026, 7:00:00 PM)
24.86
-0.27 (-1.07%)
NGEX MINERALS LTD / NGEX.CA TA FAQ
Can you provide the ChartMill technical rating for NGEX MINERALS LTD?
ChartMill assigns a technical rating of 3 / 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 Bearish.
What is the RSI signal for NGEX stock?
NGEX MINERALS LTD (NGEX.CA) has an RSI value of 40.1373. This indicates that the stock is currently neutral.
What is the support and resistance level for NGEX stock?
NGEX MINERALS LTD (NGEX.CA) has a support level at 23.38 and a resistance level at 26.64. Check the full technical report for our detailed analysis of NGEX.CA support and resistance levels.