NETWORK MEDIA GROUP INC (NTE.CA) Technical Analysis
TSX-V:NTE • CA64128U2056
Taking everything into account, NTE scores 0 out of 10 in our technical rating. NTE'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.
- 96% of all other stocks performed better in the past year than NTE.
- NTE is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month NTE has a been trading in the 0.07 - 0.14 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- NTE is part of the Entertainment industry. There are 10 other stocks in this industry, NTE did better than 55% of them.
The technical rating of NTE 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
0.06
When analyzing the resistance we notice 4 important areas.
- Resistance @0.08 from a horizontal line in the daily time frame.
- Resistance @0.11 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.13 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 NTE.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NTE.CA is down. |
| ChartMill Relative Strength | 4.66 | NEGATIVE | NTE.CA has a low relative strength, it was outperformed by 95.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NTE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NTE.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NTE.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 34.01 | NEUTRAL | The RSI value for NTE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NTE.CA has a negative trend. |
| Stochastics (14,3) | 3.03 | OVERSOLD | The low Stochastics value suggests NTE.CA may be oversold. |
| Average True Range in percent/ATR (20) | 11.54 | HIGH VOLATILITY | The high ATR as a percentage value for NTE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.07 | NEUTRAL | The ADX value for NTE.CA suggests a possible start of a new trend. |
NTE.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NTE (3/9/2026, 7:00:00 PM)
0.065
-0.01 (-7.14%)
NETWORK MEDIA GROUP INC / NTE.CA FAQ
Can you provide the ChartMill technical rating for NETWORK MEDIA GROUP INC?
ChartMill assigns a technical rating of 0 / 10 to NTE.CA.
Can you provide the trend direction for NETWORK MEDIA GROUP INC?
The current trend direction for NETWORK MEDIA GROUP INC (NTE.CA) is Bearish.
What is the RSI signal for NETWORK MEDIA GROUP INC (NTE.CA) stock?
NETWORK MEDIA GROUP INC (NTE.CA) has an RSI value of 34.0065. This indicates that the stock is currently neutral.
What is the short term momentum for NTE stock?
The short term momentum for NETWORK MEDIA GROUP INC (NTE.CA) is negative.
What is the support and resistance level for NTE stock?
NETWORK MEDIA GROUP INC (NTE.CA) has a resistance level at 0.08. Check the full technical report for our detailed analysis of NTE.CA support and resistance levels.