NEXT HYDROGEN SOLUTIONS INC (NXH.CA) Stock Technical Analysis
TSX-V:NXH - CA65345D1087 - Common Stock
0.46 CAD
+0.01 (+2.22%)
We assign a technical rating of 0 out of 10 to NXH. NXH scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, NXH is a bad performer in the overall market: 94% of all stocks are doing better.
NXH is part of the Machinery industry. There are 22 other stocks in this industry, of which 95% are performing better than NXH.
NXH is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month NXH has a been trading in the 0.44 - 0.60 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
Warning: NXH has an average volume of 5997 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of NXH is bad and it also does not present a quality setup 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
0.45
0.93
We found 1 important support area.
- A support zone ranging from 0.45 to 0.45. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 3 important areas.
- Resistance @0.51 from a trend line in the daily time frame.
- Resistance @0.70 from a horizontal line in the daily time frame.
- Resistance @0.92 from a trend line in the weekly 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 NXH.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NXH.CA is down. |
| ChartMill Relative Strength | 6.33 | NEGATIVE | NXH.CA has a low relative strength, it was outperformed by 93.67% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXH.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXH.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXH.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 40.15 | NEUTRAL | The RSI value for NXH.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests NXH.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 13.29 | OVERSOLD | The low Stochastics value suggests NXH.CA may be oversold. |
| Average True Range in percent/ATR (20) | 7.83 | HIGH VOLATILITY | The high ATR as a percentage value for NXH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 40.81 | POSITIVE | The high ADX value value for NXH.CA suggests a strong 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:NXH (8/22/2025, 7:00:00 PM)
0.46
+0.01 (+2.22%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg2.22%
1 Week-14.81%
2 Weeks-4.17%
1 Month-23.33%
3 Month-37.84%
6 Month-22.03%
12 Month-20.69%
2 Year-34.29%
3 Year-76.88%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%7.83%
ATR Inc-61.11%
Range Today0
ADR(20)0.02
ADR(20)%4.67%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS6.33
Mansfield-3
10 Day High0.54
10 Day Low0.45
20 Day High0.6
20 Day Low0.44
52 Week High1.19
52 Week Low0.37
CS1 End0.45
CR1 Start0.51
Volume & EV
DER(3)0%
DER(5)0%
Volume29.30K
Volume Incr73.09%
Vol(5)12.69K
Vol(50)6.00K