NEXGEL INC (NXGL) Stock Technical Analysis
NASDAQ:NXGL - Nasdaq - US65344E1073 - Common Stock - Currency: USD
Taking everything into account, NXGL scores 1 out of 10 in our technical rating. NXGL's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
73% of all other stocks performed better in the past year than NXGL.
NXGL is currently trading in the lower part of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so NXGL is lagging the market.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
NXGL is an average performer in the Health Care Equipment & Supplies industry, it outperforms 60% of 187 stocks in the same industry.
In the last month NXGL has a been trading in the 2.15 - 2.79 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NXGL has a poor technical rating and the quality of the setup is also not perfect 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
2.21
2.79
When analyzing the support we can see 3 important areas.
- Support @2.57 from a trend line in the daily time frame.
- Support @2.35 from a horizontal line in the weekly time frame.
- A support zone ranging from 2.23 to 2.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 2.65 to 2.76. 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 | DOWN | NEGATIVE | The long term trend for NXGL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NXGL is neutral. |
| ChartMill Relative Strength | 27.8 | NEGATIVE | NXGL has a low relative strength, it was outperformed by 72.2% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | MIXED | The current price of NXGL is above a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of NXGL is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 55.9 | NEUTRAL | The RSI value for NXGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NXGL has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 38.8 | NEUTRAL | The Stochastics value for NXGL is a neutral value. |
| Average True Range in percent/ATR (20) | 7.49 | HIGH VOLATILITY | The high ATR as a percentage value for NXGL suggests high volalility. |
| Average Directional Index/ADX (14) | 20.12 | NEUTRAL | The ADX value for NXGL suggests a possible start of a new 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)
NASDAQ:NXGL (8/1/2025, 8:00:02 PM)
2.57
+0.32 (+14.23%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryHealth Care Equipment & Supplies
Performance
% Chg14.23%
1 Week8.9%
2 Weeks6.2%
1 Month-3.02%
3 Month-3.38%
6 Month-32.72%
12 Month-4.1%
2 Year4.05%
3 Year40.44%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.21
ATR(20)%7.49%
ATR Inc62.75%
Range Today0.48
ADR(20)0.19
ADR(20)%7.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS27.8
Mansfield-1.84
10 Day High2.68
10 Day Low2.15
20 Day High2.79
20 Day Low2.15
52 Week High5.1
52 Week Low2.1
CS1 End2.57
CR1 Start2.65
Volume & EV
DER(3)-1.44%
DER(5)0.96%
Volume113.20K
Volume Incr178.51%
Vol(5)99.86K
Vol(50)44.81K