NEXGEN ENERGY LTD (NXE)

CA65340P1062 - Common Stock

6.94  -0.11 (-1.56%)

After market: 6.94 0 (0%)

Technical Rating and Analysis

7

Taking everything into account, NXE scores 7 out of 10 in our technical rating. This is due to a consistent overall performance, although we see some doubts in the very recent evolution. In the medium time frame things are still looking good.

In the last month NXE has a been trading in the 6.78 - 8.31 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
When comparing the yearly performance of all stocks, we notice that NXE is one of the better performing stocks in the market, outperforming 91% of all stocks. We also observe that the gains produced by NXE over the past year are nicely spread over this period.
NXE is part of the Oil, Gas & Consumable Fuels industry. There are 216 other stocks in this industry. NXE outperforms 93% 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.
NXE has an average volume of 6512900 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Weekly and Daily overview Charts
NXE Weekly chart
NXE Daily chart
Setup Rating and Analysis

2

Although NXE has an excellent technical rating, it 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.

Support and Resistance Analysis

3.56

7.07

2 important support areas can be observed.

  • A support zone ranging from 6.93 to 6.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @3.60 from a horizontal line in the weekly time frame.

We found 1 important resistance area.

  • A resistance zone ranging from 6.95 to 7.00. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.15
Mansfield1.26
10 Day High8.02
10 Day Low6.78
20 Day High8.31
20 Day Low6.78
52 Week High8.31
52 Week Low3.49
Performance
1 Week-6.85%
2 Weeks-12.48%
1 Month-6.34%
3 Month4.36%
6 Month33.72%
12 Month69.27%
2 Year30.94%
3 Year98.29%
5 Year323.17%
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)-0.12
RSI(14)37.97
LBB6.84
UBB8.23
NXE Daily chart

NEXGEN ENERGY LTD

NYSE:NXE (2/22/2024, 7:04:00 PM)

After market: 6.94 0 (0%)

6.94

-0.11 (-1.56%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.56%
1 Week-6.85%
2 Weeks-12.48%
1 Month-6.34%
3 Month4.36%
6 Month33.72%
12 Month69.27%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.3
ATR(20)%4.55%
ATR Inc
Range Today0.28
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High8.02
10 Day Low6.78
20 Day High8.31
20 Day Low6.78
52 Week High8.31
52 Week Low3.49
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume5.99M
Volume Incr-24.26%
Vol(5)5.10M
Vol(50)6.51M