NEXGENRX INC (NXG.CA) Stock Technical Analysis
TSX-V:NXG - TSX Venture Exchange - CA65337X1042 - Common Stock - Currency: CAD
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.
Considerably lower volume is observed in the last couple of days, which is not what you would like to see during a strong up movement.
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 89% of all other stocks.
NXG is part of the Insurance industry. There are 81 other stocks in this industry. NXG outperforms 97% of them.
NXG is currently making a new 52 week high. This is a strong signal. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month NXG has a been trading in the 0.27 - 0.39 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Although NXG has an excellent technical rating, it does not present a decent entry opportunity 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
0.25
0.39
We found 4 important support areas.
- A support zone ranging from 0.29 to 0.29. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.27 to 0.27. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.26 from a trend line in the daily time frame.
- Support @0.25 from a horizontal line in the daily time frame.
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 | 89.33 | POSITIVE | NXG.CA has a high relative strength, it outperformed 89.33% 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) | 68.2 | NEUTRAL | The RSI value for NXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests NXG.CA has a positive trend. |
| Stochastics (14,3) | 95.24 | OVERBOUGHT | The high Stochastics value suggests NXG.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.96 | MEDIUM VOLATILITY | The ATR as a percentage value for NXG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 19.75 | 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)
TSX-V:NXG (7/17/2025, 7:00:00 PM)
0.385
+0.02 (+4.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryInsurance
Performance
% Chg4.05%
1 Week6.94%
2 Weeks37.5%
1 Month30.51%
3 Month54%
6 Month42.59%
12 Month63.83%
2 Year28.33%
3 Year2.67%
5 Year92.5%
10 Year140.63%
15 Year48.08%
Volatility
ATR(14)0.02
ATR(20)%3.96%
ATR Inc-12.5%
Range Today0.01
ADR(20)0
ADR(20)%1.04%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS89.33
Mansfield2.75
10 Day High0.39
10 Day Low0.3
20 Day High0.39
20 Day Low0.27
52 Week High0.39
52 Week Low0.18
CS1 End0.29
CR1 StartN/A
Volume & EV
DER(3)0%
DER(5)0%
Volume13.50K
Volume Incr-73.13%
Vol(5)6.70K
Vol(50)31.56K