NEXGEN ENERGY LTD (NXE) Stock Technical Analysis
USA - NYSE:NXE - CA65340P1062 - Common Stock
Taking everything into account, NXE scores 9 out of 10 in our technical rating. Both in the recent history as in the last year, NXE has proven to be a steady performer, scoring decent points in every aspect analyzed.
NXE has an excellent technical rating, but the quality of the setup is only medium 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.
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6.37
4 important support areas can be observed.
- A support zone ranging from 8.24 to 8.50. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @7.79 from a trend line in the daily time frame.
- Support @6.60 from a horizontal line in the daily time frame.
- Support @6.43 from a horizontal line in the daily time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 9.75 to 9.79. This zone is formed by a combination of multiple trend lines 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 is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXE is up. |
| ChartMill Relative Strength | 89.65 | POSITIVE | NXE has a high relative strength, it outperformed 89.65% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXE is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXE is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXE is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 63.24 | NEUTRAL | The RSI value for NXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.09 | POSITIVE | The MACD value suggests NXE has a positive trend. |
| Stochastics (14,3) | 93.62 | OVERBOUGHT | The high Stochastics value suggests NXE may be overbought. |
| Average True Range in percent/ATR (20) | 6.17 | HIGH VOLATILITY | The high ATR as a percentage value for NXE suggests high volalility. |
| Average Directional Index/ADX (14) | 24.75 | NEUTRAL | The ADX value for NXE suggests a possible start of a new trend. |
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 9.96 | 8.23 | 1.73 (17.37%) | 5.76% |
| An entry @9.96. This is a Buy Stop order right above the 10 day high. | An exit @8.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 1.73 points, which is 17.37%. | For a 1.00% total portfolio risk, you can invest 5.76% of your capital in this trade. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
NYSE:NXE (11/3/2025, 2:25:59 PM)
9.12
-0.64 (-6.56%)
NEXGEN ENERGY LTD / NXE FAQ
What is the technical rating for NXE stock?
ChartMill assigns a technical rating of 9 / 10 to NXE.
What is the current trend direction of NEXGEN ENERGY LTD (NXE) stock?
The current trend direction for NEXGEN ENERGY LTD (NXE) is Bullish.
Can you provide the RSI signal for NEXGEN ENERGY LTD?
NEXGEN ENERGY LTD (NXE) has an RSI value of 63.2411. This indicates that the stock is currently neutral.
What is the buy/sell signal for NEXGEN ENERGY LTD (NXE) stock?
The buy/sell signal for NEXGEN ENERGY LTD (NXE) is buy as both the short term and long term trends are positive.
What are the support and resistance levels for NEXGEN ENERGY LTD (NXE) stock?
NEXGEN ENERGY LTD (NXE) has a support level at 8.5. Check the full technical report for our detailed analysis of NXE support and resistance levels.