USA - NYSE:NMG - CA66979W8429 - Common Stock
Taking everything into account, NMG scores 8 out of 10 in our technical rating. In the last year, NMG was one of the better performers, but we do observe some doubts in the very recent evolution.
Besides having an excellent technical rating, NMG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
1.57
When analyzing the support we can see 5 important areas.
When analyzing the resistance we notice one important area.
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 NMG is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NMG is down. |
| ChartMill Relative Strength | 96.11 | POSITIVE | NMG has a high relative strength, it outperformed 96.11% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NMG is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NMG is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NMG is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 43.83 | NEUTRAL | The RSI value for NMG is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.02 | NEGATIVE | The MACD value suggests NMG has a negative trend. |
| Stochastics (14,3) | 24.41 | NEUTRAL | The Stochastics value for NMG is a neutral value. |
| Average True Range in percent/ATR (20) | 12.72 | HIGH VOLATILITY | The high ATR as a percentage value for NMG suggests high volalility. |
| Average Directional Index/ADX (14) | 23.9 | NEUTRAL | The ADX value for NMG suggests a possible start of a new trend. |
2.56
-0.07 (-2.66%)
ChartMill assigns a technical rating of 8 / 10 to NMG.
The current trend direction for NOUVEAU MONDE GRAPHITE INC (NMG) is Bullish.
NOUVEAU MONDE GRAPHITE INC (NMG) has an RSI value of 43.8263. This indicates that the stock is currently neutral.
The MACD indicator for NOUVEAU MONDE GRAPHITE INC (NMG) has a value of -0.0229597, indicating a bearish trend.
The short term momentum for NOUVEAU MONDE GRAPHITE INC (NMG) is negative.