Next Green Wave Holdings Inc. (NGW.CA)
Overall NGW gets a technical rating of 9 out of 10. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.
The short term is neutral, but the long term trend is still positive. Not much to worry about for now.
When comparing the yearly performance of all stocks, we notice that NGW is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by NGW over the past year are nicely spread over this period.
NGW is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGW is performing more or less in line with the market.
In the last month NGW has a been trading in the 0.74 - 0.95 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NGW also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 0.80, a Stop Loss order could be placed below this zone.
More info and screens
0.50
0.95
3 important support areas can be observed.
- A support zone ranging from 0.79 to 0.80. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.53 from a trend line in the daily time frame.
- Support @0.50 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.86 to 0.88. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.94 to 0.94. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.76
Mansfield9.6
10 Day High0.92
10 Day Low0.77
20 Day High0.95
20 Day Low0.74
52 Week High1.19
52 Week Low0.06
Performance
1 Week-3.45%
2 Weeks5%
1 Month-5.08%
3 Month104.88%
6 Month200%
12 Month1100%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)46.77
LBB0.8
UBB0.91
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 |
|---|---|---|---|
| 0.89 | 0.78 | 0.11 (12.36%) | 8.09% |
| An entry @0.89. This is a Buy Stop order right above the resistance zone. | An exit @0.78. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.11 points, which is 12.36%. | For a 1.00% total portfolio risk, you can invest 8.09% of your capital in this trade. |
- 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.
Next Green Wave Holdings Inc.
CNSX:NGW (4/8/2021, 7:31:22 PM)
0.84
-0.05 (-5.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg-5.62%
1 Week-3.45%
2 Weeks5%
1 Month-5.08%
3 Month104.88%
6 Month200%
12 Month1100%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.06
ATR(20)%6.61%
ATR Inc
Range Today0.05
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High0.92
10 Day Low0.77
20 Day High0.95
20 Day Low0.74
52 Week High1.19
52 Week Low0.06
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume199.20K
Volume Incr-40.97%
Vol(5)267.40K
Vol(50)613.99K