NEXT HYDROGEN SOLUTIONS INC (NXH.CA) Stock Technical Analysis
TSX-V:NXH - TSX Venture Exchange - CA65345D1087 - Common Stock - Currency: CAD
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: 93% of all stocks are doing better.
NXH is part of the Machinery industry. There are 20 other stocks in this industry, of which 100% are performing better than NXH.
NXH 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 NXH is lagging the market.
Warning: NXH has an average volume of 5032 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
In the last month NXH has a been trading in the 0.44 - 0.60 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NXH has a poor technical rating and the quality of the setup is also only medium 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
0.44
0.93
2 important support areas can be observed.
- Support @0.47 from a horizontal line in the weekly time frame.
- A support zone ranging from 0.44 to 0.44. This zone is formed by a combination of multiple trend lines in the daily time frame.
We can see 3 important resistance areas.
- Resistance @0.51 from a horizontal 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 | 7.76 | NEGATIVE | NXH.CA has a low relative strength, it was outperformed by 92.24% 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) | 41.73 | 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. |
| Stochastics (14,3) | 32.29 | NEUTRAL | The Stochastics value for NXH.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.73 | HIGH VOLATILITY | The high ATR as a percentage value for NXH.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 45.03 | 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 (8/1/2025, 7:00:00 PM)
0.49
-0.01 (-2%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-2%
1 Week7.69%
2 Weeks-16.95%
1 Month-12.5%
3 Month-32.88%
6 Month-22.22%
12 Month-18.33%
2 Year-30%
3 Year-75.38%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.04
ATR(20)%6.73%
ATR Inc-63.79%
Range Today0
ADR(20)0.02
ADR(20)%3.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS7.76
Mansfield-2.39
10 Day High0.6
10 Day Low0.44
20 Day High0.6
20 Day Low0.44
52 Week High1.19
52 Week Low0.37
CS1 End0.47
CR1 Start0.51
Volume & EV
DER(3)0%
DER(5)0%
Volume1.02K
Volume Incr-44.78%
Vol(5)3.77K
Vol(50)5.03K