NV GOLD CORP (NVX.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:NVX • CA67090W3075
Taking everything into account, NVX scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NVX is only an average performer.
- Warning: NVX has an average volume of 19365 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are positive. This is a very positive sign.
- NVX is currently trading in the upper part of its 52 week range. The S&P500 Index however is currently trading near a new high, so NVX is lagging the market slightly.
- Looking at the yearly performance, NVX did better than 72% of all other stocks. However, this overall performance is mostly based on the strong move around 4 months ago.
- In the last month NVX has a been trading in the 0.20 - 0.34 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.
Although NVX has an excellent technical rating, it does not offer a high 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
0.17
3 important support areas can be observed.
- Support @0.21 from a trend line in the daily time frame.
- Support @0.19 from a trend line in the daily time frame.
- Support @0.17 from a horizontal line in the daily time frame.
We found 1 important resistance area.
- Resistance @0.29 from a horizontal line in the weekly 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 NVX.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NVX.CA is up. |
| ChartMill Relative Strength | 72.85 | POSITIVE | NVX.CA has a high relative strength, it outperformed 72.85% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NVX.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NVX.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NVX.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.72 | NEUTRAL | The RSI value for NVX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NVX.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 59.77 | NEUTRAL | The Stochastics value for NVX.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.63 | HIGH VOLATILITY | The high ATR as a percentage value for NVX.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.55 | POSITIVE | The high ADX value value for NVX.CA suggests a strong trend. |
TSX-V:NVX (2/9/2026, 7:00:00 PM)
0.27
-0.01 (-1.82%)
NV GOLD CORP / NVX.CA FAQ
What is the ChartMill technical rating of NV GOLD CORP (NVX.CA) stock?
ChartMill assigns a technical rating of 8 / 10 to NVX.CA.
Can you provide the trend direction for NV GOLD CORP?
The current trend direction for NV GOLD CORP (NVX.CA) is Bullish.
What is the RSI signal for NV GOLD CORP (NVX.CA) stock?
NV GOLD CORP (NVX.CA) has an RSI value of 53.7228. This indicates that the stock is currently neutral.
What is the short term momentum for NVX stock?
The short term momentum for NV GOLD CORP (NVX.CA) is positive.
What are the support and resistance levels for NV GOLD CORP (NVX.CA) stock?
NV GOLD CORP (NVX.CA) has a support level at 0.21 and a resistance level at 0.29. Check the full technical report for our detailed analysis of NVX.CA support and resistance levels.