NEXGENRX INC (NXG.CA) Technical Analysis
TSX-V:NXG • CA65337X1042
Overall NXG gets a technical rating of 0 out of 10. NXG scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, NXG is a bad performer in the overall market: 81% of all stocks are doing better.
- NXG is part of the Insurance industry. There are 80 other stocks in this industry, of which 93% are performing better than NXG.
- NXG is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXG is lagging the market slightly.
- In the last month NXG has a been trading in the 0.29 - 0.40 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
- Volume is considerably higher in the last couple of days.
Although the technical rating is bad, NXG does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 0.35. Right above this resistance zone may be a good entry point.
More info and screens
0.30
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 0.30 to 0.30. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.35 to 0.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 0.38 to 0.38. This zone is formed by a combination of multiple trend lines and important moving averages 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 | DOWN | NEGATIVE | The long term trend for NXG.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXG.CA is down. |
| ChartMill Relative Strength | 19.27 | NEGATIVE | NXG.CA has a low relative strength, it was outperformed by 80.73% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXG.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXG.CA is below a declining 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) | 47.83 | NEUTRAL | The RSI value for NXG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXG.CA has a positive trend. |
| Stochastics (14,3) | 40.35 | NEUTRAL | The Stochastics value for NXG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.69 | HIGH VOLATILITY | The high ATR as a percentage value for NXG.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 18.61 | NEGATIVE | The low ADX value for NXG.CA suggests a weak or negative trend. |
NXG.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX-V:NXG (3/3/2026, 7:00:00 PM)
0.34
+0.02 (+4.62%)
NEXGENRX INC / NXG.CA FAQ
What is the ChartMill technical rating of NEXGENRX INC (NXG.CA) stock?
ChartMill assigns a technical rating of 0 / 10 to NXG.CA.
What is the current trend direction of NEXGENRX INC (NXG.CA) stock?
The current trend direction for NEXGENRX INC (NXG.CA) is Bearish.
What is the RSI signal for NEXGENRX INC (NXG.CA) stock?
NEXGENRX INC (NXG.CA) has an RSI value of 47.8294. This indicates that the stock is currently neutral.
What is the MACD signal for NEXGENRX INC (NXG.CA) stock?
The MACD indicator for NEXGENRX INC (NXG.CA) has a value of 0.000147735, indicating a bearish trend.
What is the buy/sell signal for NEXGENRX INC (NXG.CA) stock?
The buy/sell signal for NEXGENRX INC (NXG.CA) is sell as both the short term and long term trends are negative.