USA - NYSE:NXE - CA65340P1062 - Common Stock
Overall NXE gets a technical rating of 6 out of 10. In the last year, NXE was one of the better performers, but we do observe some doubts in the very recent evolution.
NXE has an average technical rating and also 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.
6.53
We found 5 important support areas.
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 | DOWN | NEGATIVE | The short term trend for NXE is down. |
| ChartMill Relative Strength | 83.33 | POSITIVE | NXE has a high relative strength, it outperformed 83.33% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of NXE is below 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) | 45.71 | NEUTRAL | The RSI value for NXE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.11 | NEGATIVE | The MACD value suggests NXE has a negative trend. |
| Stochastics (14,3) | 29.6 | NEUTRAL | The Stochastics value for NXE is a neutral value. |
| Average True Range in percent/ATR (20) | 7.51 | HIGH VOLATILITY | The high ATR as a percentage value for NXE suggests high volalility. |
| Average Directional Index/ADX (14) | 22.02 | NEUTRAL | The ADX value for NXE suggests a possible start of a new trend. |
8.45
+0.32 (+3.94%)
ChartMill assigns a technical rating of 6 / 10 to NXE.
The current trend direction for NEXGEN ENERGY LTD (NXE) is Bullish.
NEXGEN ENERGY LTD (NXE) has an RSI value of 45.708. This indicates that the stock is currently neutral.
The buy/sell signal for NEXGEN ENERGY LTD (NXE) is hold as the short term and long term trends are mixed.
NEXGEN ENERGY LTD (NXE) has a support level at 8.42. Check the full technical report for our detailed analysis of NXE support and resistance levels.