NEXGEN ENERGY LTD (NXE.CA) Stock Technical Analysis
TSX:NXE - Toronto Stock Exchange - CA65340P1062 - Common Stock - Currency: CAD
Overall NXE gets a technical rating of 2 out of 10. In the past year, NXE was a below average performing stock in the market. The medium term picture is also negative, but we see some improvement happening in recent action.
When comparing the yearly performance of all stocks, NXE is a bad performer in the overall market: 84% of all stocks are doing better.
NXE is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month NXE has a been trading in the 5.72 - 7.59 range, which is quite wide. It is currently trading near the high of this range.
NXE has an average volume of 1871410 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is still negative, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
NXE is an average performer in the Oil, Gas & Consumable Fuels industry, it outperforms 44% of 214 stocks in the same industry.
NXE 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
6.70
7.85
When analyzing the support we can see 3 important areas.
- A support zone ranging from 7.39 to 7.42. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 7.21 to 7.21. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 6.77 to 6.85. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
2 important resistance areas can be observed.
- A resistance zone ranging from 7.44 to 7.44. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @7.77 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.91
Mansfield-1.8
10 Day High7.59
10 Day Low6.64
20 Day High7.59
20 Day Low5.72
52 Week High12.51
52 Week Low5.59
Performance
1 Week1.92%
2 Weeks16.46%
1 Month27.66%
3 Month-20.36%
6 Month-27.51%
12 Month-24.57%
2 Year41.79%
3 Year23.83%
5 Year281.03%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0.11
RSI(14)60.31
LBB6.19
UBB7.78
TSX:NXE (5/6/2025, 7:00:00 PM)
7.43
+0.21 (+2.91%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.91%
1 Week1.92%
2 Weeks16.46%
1 Month27.66%
3 Month-20.36%
6 Month-27.51%
12 Month-24.57%
2 Year41.79%
3 Year23.83%
5 Year281.03%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.34
ATR(20)%4.97%
ATR Inc6.39%
Range Today0.49
ADR(20)0.34
ADR(20)%4.61%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS16.91
Mansfield-1.8
10 Day High7.59
10 Day Low6.64
20 Day High7.59
20 Day Low5.72
52 Week High12.51
52 Week Low5.59
CS1 End7.42
CR1 Start7.44
Volume & EV
DER(3)8.42%
DER(5)3.54%
Volume2.07M
Volume Incr-6.78%
Vol(5)1.50M
Vol(50)1.87M