NEWRANGE GOLD CORP (NRG.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NRG - CA65250B3039 - Common Stock
Overall NRG gets a technical rating of 10 out of 10. Both in the recent history as in the last year, NRG has proven to be a steady performer, scoring decent points in every aspect analyzed.
Although NRG has an excellent technical rating, it does not present a decent entry opportunity 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
We found 2 important support areas.
- A support 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.
- A support zone ranging from 0.02 to 0.02. 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 | UP | POSITIVE | The long term trend for NRG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NRG.CA is up. |
| ChartMill Relative Strength | 96.46 | POSITIVE | NRG.CA has a high relative strength, it outperformed 96.46% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NRG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NRG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NRG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 62.54 | NEUTRAL | The RSI value for NRG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NRG.CA has a positive trend. |
| Stochastics (14,3) | 83.33 | OVERBOUGHT | The high Stochastics value suggests NRG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 10 | HIGH VOLATILITY | The high ATR as a percentage value for NRG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 17.51 | NEGATIVE | The low ADX value for NRG.CA suggests a weak or negative trend. |
TSX-V:NRG (10/25/2024, 7:00:00 PM)
0.04
0 (0%)
NEWRANGE GOLD CORP / NRG.CA FAQ
What is the ChartMill technical rating of NEWRANGE GOLD CORP (NRG.CA) stock?
ChartMill assigns a technical rating of 10 / 10 to NRG.CA.
What is the trend direction for NRG stock?
The current trend direction for NEWRANGE GOLD CORP (NRG.CA) is Bullish.
Can you provide the RSI signal for NEWRANGE GOLD CORP?
NEWRANGE GOLD CORP (NRG.CA) has an RSI value of 62.5392. This indicates that the stock is currently neutral.
Can you provide the MACD signal for NEWRANGE GOLD CORP?
The MACD indicator for NEWRANGE GOLD CORP (NRG.CA) has a value of 0.000562272, indicating a bearish trend.
What is the support and resistance level for NRG stock?
NEWRANGE GOLD CORP (NRG.CA) has a support level at 0.03. Check the full technical report for our detailed analysis of NRG.CA support and resistance levels.