NEXT HYDROGEN SOLUTIONS INC (NXH.CA) Stock Technical Analysis
TSX-V:NXH • CA65345D1087
Taking everything into account, NXH scores 2 out of 10 in our technical rating. 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.
- 90% of all other stocks performed better in the past year than NXH.
- NXH is one of the lesser performing stocks in the Machinery industry. 80% of 21 stocks in the same industry do better.
- 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 0.48 - 0.75 range, which is quite wide. It is currently trading near the lows of this range.
- Warning: NXH has an average volume of 10455 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
- Both the short term and long term trends are neutral. So this is not the most entertaining stock around.
- Considerably lower volume is observed in the last couple of days.
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
0.46
We found 4 important support areas.
- Support @0.51 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.50 to 0.50. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @0.46 from a trend line in the weekly time frame.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.73 to 0.74. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.86 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 | NEUTRAL | NEUTRAL | The long term trend for NXH.CA is neutral. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NXH.CA is neutral. |
| ChartMill Relative Strength | 10.02 | NEGATIVE | NXH.CA has a low relative strength, it was outperformed by 89.98% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of NXH.CA is below the rising 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) | 47.45 | 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) | 48.87 | NEUTRAL | The Stochastics value for NXH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 8.57 | HIGH VOLATILITY | The high ATR as a percentage value for NXH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.47 | NEGATIVE | The low ADX value for NXH.CA suggests a weak or negative trend. |
TSX-V:NXH (2/27/2026, 7:00:00 PM)
0.56
-0.1 (-15.15%)
NEXT HYDROGEN SOLUTIONS INC / NXH.CA FAQ
Can you provide the ChartMill technical rating for NEXT HYDROGEN SOLUTIONS INC?
ChartMill assigns a technical rating of 2 / 10 to NXH.CA.
What is the trend direction for NXH stock?
The current trend direction for NEXT HYDROGEN SOLUTIONS INC (NXH.CA) is Bearish.
Can you provide the RSI signal for NEXT HYDROGEN SOLUTIONS INC?
NEXT HYDROGEN SOLUTIONS INC (NXH.CA) has an RSI value of 47.4542. This indicates that the stock is currently neutral.
What is the MACD signal for NXH stock?
The MACD indicator for NEXT HYDROGEN SOLUTIONS INC (NXH.CA) has a value of 0.00266964, indicating a bearish trend.
Can you provide the support and resistance levels for NEXT HYDROGEN SOLUTIONS INC?
NEXT HYDROGEN SOLUTIONS INC (NXH.CA) has a support level at 0.51 and a resistance level at 0.73. Check the full technical report for our detailed analysis of NXH.CA support and resistance levels.