NEXGEN ENERGY LTD (NXE.CA) Stock Technical Analysis
Canada - TSX:NXE - CA65340P1062 - Common Stock
Taking everything into account, NXE scores 5 out of 10 in our technical rating. NXE has been an average performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term things are still fine.
NXE has an average technical rating and it also 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
10.06
4 important support areas can be observed.
- Support @11.81 from a horizontal line in the weekly time frame.
- A support zone ranging from 11.41 to 11.61. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @10.84 from a trend line in the daily time frame.
- Support @10.16 from a trend line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 11.86 to 11.98. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 | DOWN | NEGATIVE | The short term trend for NXE.CA is down. |
| ChartMill Relative Strength | 71.43 | POSITIVE | NXE.CA has a high relative strength, it outperformed 71.43% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXE.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NXE.CA is below 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) | 45.97 | NEUTRAL | The RSI value for NXE.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.15 | NEGATIVE | The MACD value suggests NXE.CA has a negative trend. |
| Stochastics (14,3) | 29.51 | NEUTRAL | The Stochastics value for NXE.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.35 | HIGH VOLATILITY | The high ATR as a percentage value for NXE.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 25.81 | POSITIVE | The high ADX value value for NXE.CA suggests a strong trend. |
TSX:NXE (11/7/2025, 7:00:00 PM)
11.85
+0.37 (+3.22%)
NEXGEN ENERGY LTD / NXE.CA FAQ
What is the technical rating for NXE stock?
ChartMill assigns a technical rating of 5 / 10 to NXE.CA.
What is the current trend direction of NEXGEN ENERGY LTD (NXE.CA) 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 45.9657. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEXGEN ENERGY LTD (NXE.CA) stock?
The buy/sell signal for NEXGEN ENERGY LTD (NXE.CA) is hold as the short term and long term trends are mixed.
What are the support and resistance levels for NEXGEN ENERGY LTD (NXE.CA) stock?
NEXGEN ENERGY LTD (NXE.CA) has a support level at 11.81 and a resistance level at 11.86. Check the full technical report for our detailed analysis of NXE.CA support and resistance levels.