NUGEN MEDICAL DEVICES INC (NGMD.CA) Stock Technical Analysis
TSX-V:NGMD • CA67054F1009
Overall NGMD gets a technical rating of 0 out of 10. NGMD's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- 97% of all other stocks performed better in the past year than NGMD.
- NGMD is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
- In the last month NGMD has a been trading in the 0.03 - 0.04 range, which is quite wide. It is currently trading near the lows of this range.
The technical rating of NGMD 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
0.02
When analyzing the resistance we notice 4 important areas.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.04 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.05 to 0.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.06 from a horizontal 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 | DOWN | NEGATIVE | The long term trend for NGMD.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NGMD.CA is down. |
| ChartMill Relative Strength | 3.66 | NEGATIVE | NGMD.CA has a low relative strength, it was outperformed by 96.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NGMD.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NGMD.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NGMD.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 47.12 | NEUTRAL | The RSI value for NGMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NGMD.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NGMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for NGMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 14.04 | NEGATIVE | The low ADX value for NGMD.CA suggests a weak or negative trend. |
TSX-V:NGMD (2/26/2026, 7:00:00 PM)
0.025
0 (0%)
NUGEN MEDICAL DEVICES INC / NGMD.CA FAQ
What is the technical rating for NGMD stock?
ChartMill assigns a technical rating of 0 / 10 to NGMD.CA.
Can you provide the trend direction for NUGEN MEDICAL DEVICES INC?
The current trend direction for NUGEN MEDICAL DEVICES INC (NGMD.CA) is Bearish.
What is the RSI signal for NUGEN MEDICAL DEVICES INC (NGMD.CA) stock?
NUGEN MEDICAL DEVICES INC (NGMD.CA) has an RSI value of 47.121. This indicates that the stock is currently neutral.
Can you provide the short term momentum for NUGEN MEDICAL DEVICES INC?
The short term momentum for NUGEN MEDICAL DEVICES INC (NGMD.CA) is negative.
Can you provide the buy/sell signal for NUGEN MEDICAL DEVICES INC?
The buy/sell signal for NUGEN MEDICAL DEVICES INC (NGMD.CA) is sell as both the short term and long term trends are negative.