NUGEN MEDICAL DEVICES INC (NGMD.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NGMD - CA67054F1009 - Common Stock
Overall NGMD gets a technical rating of 0 out of 10. NGMD scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
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
0.03
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.04 to 0.04. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.05 from a trend line in the daily time frame.
- A resistance zone ranging from 0.06 to 0.06. This zone is formed by a combination of multiple trend lines 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 | 2.71 | NEGATIVE | NGMD.CA has a low relative strength, it was outperformed by 97.29% 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) | 38.51 | NEUTRAL | The RSI value for NGMD.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NGMD.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 33.33 | NEUTRAL | The Stochastics value for NGMD.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for NGMD.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.09 | NEGATIVE | The low ADX value for NGMD.CA suggests a weak or negative trend. |
TSX-V:NGMD (12/24/2025, 7:00:00 PM)
0.03
-0.01 (-14.29%)
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.
What is the trend direction for NGMD stock?
The current trend direction for NUGEN MEDICAL DEVICES INC (NGMD.CA) is Bearish.
Can you provide the RSI signal for NUGEN MEDICAL DEVICES INC?
NUGEN MEDICAL DEVICES INC (NGMD.CA) has an RSI value of 38.506. This indicates that the stock is currently neutral.
What is the MACD signal for NUGEN MEDICAL DEVICES INC (NGMD.CA) stock?
The MACD indicator for NUGEN MEDICAL DEVICES INC (NGMD.CA) has a value of 0.000209332, indicating a bearish trend.
What are the support and resistance levels for NUGEN MEDICAL DEVICES INC (NGMD.CA) stock?
NUGEN MEDICAL DEVICES INC (NGMD.CA) has a resistance level at 0.04. Check the full technical report for our detailed analysis of NGMD.CA support and resistance levels.