NEXGEL INC -CW26 (NXGLW) Stock Technical Analysis
USA - NASDAQ:NXGLW -
0.3031 USD
+0 (+1.07%)
0.3031 USD
0 (0%)
Overall NXGLW gets a technical rating of 0 out of 10. NXGLW 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, NXGLW is a bad performer in the overall market: 94% of all stocks are doing better.
NXGLW is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
Warning: NXGLW has an average volume of 5582 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NXGLW has a been trading in the 0.24 - 0.35 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
NXGLW has a bad technical rating, but it does show a decent setup pattern. 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 0.31. Right above this resistance zone may be a good entry point. We notice that large players showed an interest for NXGLW in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
0.27
0.31
3 important support areas can be observed.
- Support @0.29 from a horizontal line in the weekly time frame.
- Support @0.28 from a horizontal line in the daily time frame.
- Support @0.27 from a trend line in the weekly time frame.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.31 to 0.31. This zone is formed by a combination of multiple trend lines and important moving averages 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 NXGLW is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXGLW is down. |
| ChartMill Relative Strength | 6.85 | NEGATIVE | NXGLW has a low relative strength, it was outperformed by 93.15% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXGLW is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXGLW is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXGLW is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 48.71 | NEUTRAL | The RSI value for NXGLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXGLW has a positive trend. |
| Stochastics (14,3) | 54.75 | NEUTRAL | The Stochastics value for NXGLW is a neutral value. |
| Average True Range in percent/ATR (20) | 11.46 | HIGH VOLATILITY | The high ATR as a percentage value for NXGLW suggests high volalility. |
| Average Directional Index/ADX (14) | 22.94 | NEUTRAL | The ADX value for NXGLW 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)
0.3031
+0 (+1.07%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorN/A
GICS IndustryN/A
Performance
% Chg1.07%
1 Week2.75%
2 Weeks4.52%
1 Month-9.52%
3 Month-17.64%
6 Month-39.14%
12 Month-43.34%
2 Year-13.4%
3 Year8.29%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%11.46%
ATR Inc-17.21%
Range Today0.01
ADR(20)0.03
ADR(20)%9.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.85
Mansfield-4.21
10 Day High0.34
10 Day Low0.25
20 Day High0.35
20 Day Low0.24
52 Week High1.33
52 Week Low0.22
CS1 End0.29
CR1 Start0.31
Volume & EV
DER(3)9.44%
DER(5)0.7%
Volume1.20K
Volume Incr-37.08%
Vol(5)3.30K
Vol(50)5.58K