NEXTSOURCE MATERIALS INC (NEXT.CA) Stock Technical Analysis
TSX:NEXT - Toronto Stock Exchange - CA65343M2094 - Common Stock - Currency: CAD
Taking everything into account, NEXT scores 0 out of 10 in our technical rating. NEXT'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 negative, as is the long term trend. There should be more interesting stocks out there.
91% of all other stocks performed better in the past year than NEXT.
NEXT is part of the Metals & Mining industry. There are 822 other stocks in this industry, of which 81% are performing better than NEXT.
NEXT is currently trading near the lower end of its 52 week range, which is not a good sign. NEXT is lagging the S&P500 Index which is trading in the middle of its 52 week range.
In the last month NEXT has a been trading in the 0.38 - 0.80 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NEXT 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
0.44
0.91
2 important resistance areas can be observed.
- Resistance @0.80 from a trend line in the weekly time frame.
- A resistance zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.75
Mansfield-4.06
10 Day High0.5
10 Day Low0.38
20 Day High0.8
20 Day Low0.38
52 Week High1.05
52 Week Low0.38
Performance
1 Week-8.33%
2 Weeks-8.33%
1 Month-44.3%
3 Month-16.98%
6 Month-38.03%
12 Month-46.34%
2 Year-80.87%
3 Year-87.98%
5 Year46.67%
10 YearN/A
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)-0.01
RSI(14)31.48
LBB0.38
UBB0.55
TSX:NEXT (3/7/2025, 7:00:00 PM)
0.44
+0.05 (+14.29%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg14.29%
1 Week-8.33%
2 Weeks-8.33%
1 Month-44.3%
3 Month-16.98%
6 Month-38.03%
12 Month-46.34%
2 Year-80.87%
3 Year-87.98%
5 Year46.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.05
ATR(20)%11.25%
ATR Inc-14.86%
Range Today0.04
ADR(20)0.05
ADR(20)%11.14%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.75
Mansfield-4.06
10 Day High0.5
10 Day Low0.38
20 Day High0.8
20 Day Low0.38
52 Week High1.05
52 Week Low0.38
CS1 EndN/A
CR1 Start0.8
Volume & EV
DER(3)11.6%
DER(5)-0.18%
Volume40.40K
Volume Incr58.88%
Vol(5)155.39K
Vol(50)91.68K