NEXGEN ENERGY LTD (NXE.CA) Stock Technical Analysis
TSX:NXE - CA65340P1062 - Common Stock
10.81 CAD
+0.61 (+5.98%)
Overall NXE gets a technical rating of 8 out of 10. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, NXE is only an average performer.
The long and short term trends are both positive. This is looking good!
NXE is part of the Oil, Gas & Consumable Fuels industry. There are 211 other stocks in this industry. NXE outperforms 83% of them.
NXE 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 NXE is lagging the market slightly.
In the last month NXE has a been trading in the 8.68 - 11.38 range, which is quite wide. It is currently trading near the high of this range.
NXE has an average volume of 1817410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that NXE is one of the better performing stocks in the market, outperforming 78% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NXE has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.72
10.92
When analyzing the support we can see 3 important areas.
- A support zone ranging from 9.39 to 9.76. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @9.18 from a trend line in the daily time frame.
- Support @8.81 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 | 78.72 | POSITIVE | NXE.CA has a high relative strength, it outperformed 78.72% 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) | 68.07 | NEUTRAL | The RSI value for NXE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.12 | POSITIVE | The MACD value suggests NXE.CA has a positive trend. |
| Stochastics (14,3) | 84.84 | OVERBOUGHT | The high Stochastics value suggests NXE.CA may be overbought. |
| Average True Range in percent/ATR (20) | 4.18 | MEDIUM VOLATILITY | The ATR as a percentage value for NXE.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.09 | NEGATIVE | The low ADX value for NXE.CA suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:NXE (8/29/2025, 7:00:00 PM)
10.81
+0.61 (+5.98%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.98%
1 Week10.31%
2 Weeks14.88%
1 Month16.24%
3 Month27.78%
6 Month41.31%
12 Month33.29%
2 Year52.04%
3 Year85.1%
5 Year318.99%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%4.18%
ATR Inc89.28%
Range Today0.83
ADR(20)0.39
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS78.72
Mansfield0.96
10 Day High11.38
10 Day Low8.68
20 Day High11.38
20 Day Low8.68
52 Week High12.51
52 Week Low5.59
CS1 End9.76
CR1 StartN/A
Volume & EV
DER(3)-0.08%
DER(5)3.17%
Volume3.25M
Volume Incr4.45%
Vol(5)1.98M
Vol(50)1.82M