NEXGENRX INC (NXG.CA) Stock Technical Analysis
Canada - TSX-V:NXG - CA65337X1042 - Common Stock
0.4 CAD
0 (0%)
Taking everything into account, NXG scores 10 out of 10 in our technical rating. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, NXG is showing a nice and steady performance.
Warning: NXG has an average volume of 21184 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
Looking at the yearly performance, NXG did better than 82% of all other stocks. On top of that, NXG also shows a nice and consistent pattern of rising prices.
NXG is one of the better performing stocks in the Insurance industry, it outperforms 98% of 79 stocks in the same industry.
A new 52 week high is currently being made by NXG, which is a very good signal! However, this is in line with the S&P500, which is also trading near new highs.
In the last month NXG has a been trading in the 0.37 - 0.40 range, which is quite wide. It is currently trading near the high of this range.
Considerably lower volume is observed in the last couple of days.
Besides having an excellent technical rating, NXG also presents a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 0.40. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 0.39, a Stop Loss order could be placed below this zone.
More info and screens
0.24
0.41
We found 7 important support areas.
- A support zone ranging from 0.39 to 0.39. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.37 from a horizontal line in the daily time frame.
- Support @0.33 from a trend line in the weekly time frame.
- Support @0.29 from a trend line in the daily time frame.
- Support @0.28 from a trend line in the weekly time frame.
- A support zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.24 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.40 to 0.40. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 0.41 to 0.41. 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 NXG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for NXG.CA is up. |
| ChartMill Relative Strength | 82.99 | POSITIVE | NXG.CA has a high relative strength, it outperformed 82.99% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of NXG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of NXG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 61.78 | NEUTRAL | The RSI value for NXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NXG.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 100 | OVERBOUGHT | The high Stochastics value suggests NXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.94 | LOW VOLATILITY | The low ATR as a percentage value for NXG.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 19.82 | NEGATIVE | The low ADX value for NXG.CA suggests a weak or negative trend. |
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)
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 |
|---|---|---|---|
| 0.41 | 0.38 | 0.03 (7.32%) | 13.67% |
| An entry @0.41. This is a Buy Stop order right above the resistance zone. | An exit @0.38. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.03 points, which is 7.32%. | For a 1.00% total portfolio risk, you can invest 13.67% 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.
TSX-V:NXG (10/20/2025, 7:00:00 PM)
0.4
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg0%
1 Week5.26%
2 Weeks0%
1 Month8.11%
3 Month11.11%
6 Month48.15%
12 Month81.82%
2 Year53.85%
3 Year60%
5 Year135.29%
10 Year150%
15 Year42.86%
Volatility
ATR(14)0.01
ATR(20)%1.94%
ATR Inc40%
Range Today0
ADR(20)0
ADR(20)%0.94%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS82.99
3 months CRS67.78
6 months CRS78.69
Mansfield1.72
10 Day High0.4
10 Day Low0.38
20 Day High0.4
20 Day Low0.37
52 Week High0.4
52 Week Low0.22
CS1 End0.39
CR1 Start0.4
Volume & EV
DER(3)0%
DER(5)0%
Volume5.28K
Volume Incr-65.16%
Vol(5)8.26K
Vol(50)21.18K