NEXGEN ENERGY LTD (NXE.CA) Stock Technical Analysis
Canada - Toronto Stock Exchange - TSX:NXE - CA65340P1062 - Common Stock
We assign a technical rating of 9 out of 10 to NXE. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NXE is showing a nice and steady performance.
- The long and short term trends are both positive. This is looking good!
- Looking at the yearly performance, NXE did better than 78% of all other stocks.
- NXE is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. NXE outperforms 86% of them.
- A new 52 week high is currently being made by NXE, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
- In the last month NXE has a been trading in the 11.21 - 15.78 range, which is quite wide. It is currently trading near the high of this range.
- NXE has an average volume of 2078650 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although NXE 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
10.43
When analyzing the support we can see 3 important areas.
- Support @14.00 from a trend line in the daily time frame.
- A support zone ranging from 11.69 to 11.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @10.54 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 | UP | POSITIVE | The long term trend for NXE.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXE.CA is up. |
| ChartMill Relative Strength | 78.19 | POSITIVE | NXE.CA has a high relative strength, it outperformed 78.19% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXE.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXE.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXE.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 72.54 | OVERBOUGHT | The high RSI value suggests NXE.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests NXE.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 88.66 | OVERBOUGHT | The high Stochastics value suggests NXE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.27 | MEDIUM VOLATILITY | The ATR as a percentage value for NXE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 29.93 | POSITIVE | The high ADX value value for NXE.CA suggests a strong trend. |
TSX:NXE (1/13/2026, 7:00:00 PM)
15.55
+0.15 (+0.97%)
NEXGEN ENERGY LTD / NXE.CA FAQ
What is the technical rating for NXE stock?
ChartMill assigns a technical rating of 9 / 10 to NXE.CA.
What is the trend direction for NXE stock?
The current trend direction for NEXGEN ENERGY LTD (NXE.CA) is Bullish.
Can you provide the RSI signal for NEXGEN ENERGY LTD?
NEXGEN ENERGY LTD (NXE.CA) has an RSI value of 72.5434. This indicates that the stock is currently overbought.
What is the short term momentum for NXE stock?
The short term momentum for NEXGEN ENERGY LTD (NXE.CA) is positive.
Can you provide the buy/sell signal for NEXGEN ENERGY LTD?
The buy/sell signal for NEXGEN ENERGY LTD (NXE.CA) is buy as both the short term and long term trends are positive.