NEWPORT EXPLORATION LTD (NWX.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:NWX - CA6518531034 - Common Stock
We assign a technical rating of 0 out of 10 to NWX. NWX scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NWX is a bad performer in the overall market: 84% of all stocks are doing better.
- NWX is part of the Metals & Mining industry. There are 817 other stocks in this industry, of which 83% are performing better than NWX.
- NWX is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- In the last month NWX has a been trading in the 0.08 - 0.10 range, which is quite wide. It is currently trading near the lows of this range.
- Considerably lower volume is observed in the last couple of days.
NWX has a poor technical rating and the quality of the setup is also not perfect 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
0.08
4 important resistance areas can be observed.
- A resistance zone ranging from 0.08 to 0.08. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.09 to 0.09. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.12 from a horizontal line in the daily time frame.
- Resistance @0.14 from a trend 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 | DOWN | NEGATIVE | The long term trend for NWX.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NWX.CA is down. |
| ChartMill Relative Strength | 16.42 | NEGATIVE | NWX.CA has a low relative strength, it was outperformed by 83.58% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NWX.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NWX.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NWX.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 41.14 | NEUTRAL | The RSI value for NWX.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NWX.CA has a negative trend, although the MACD value is rising. |
| Average True Range in percent/ATR (20) | 3.44 | MEDIUM VOLATILITY | The ATR as a percentage value for NWX.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 15.51 | NEGATIVE | The low ADX value for NWX.CA suggests a weak or negative trend. |
TSX-V:NWX (1/21/2026, 7:00:00 PM)
0.08
0 (0%)
NEWPORT EXPLORATION LTD / NWX.CA FAQ
What is the ChartMill technical rating of NEWPORT EXPLORATION LTD (NWX.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to NWX.CA.
What is the current trend direction of NEWPORT EXPLORATION LTD (NWX.CA) stock?
The current trend direction for NEWPORT EXPLORATION LTD (NWX.CA) is Bearish.
What is the RSI signal for NWX stock?
NEWPORT EXPLORATION LTD (NWX.CA) has an RSI value of 41.136. This indicates that the stock is currently neutral.
What is the buy/sell signal for NWX stock?
The buy/sell signal for NEWPORT EXPLORATION LTD (NWX.CA) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for NEWPORT EXPLORATION LTD?
NEWPORT EXPLORATION LTD (NWX.CA) has a resistance level at 0.08. Check the full technical report for our detailed analysis of NWX.CA support and resistance levels.