NERVGEN PHARMA CORP (NGEN.CA) Stock Technical Analysis
TSX-V:NGEN - TSX Venture Exchange - CA64082X2032 - Common Stock - Currency: CAD
We assign a technical rating of 4 out of 10 to NGEN. NGEN was a bad performer in the overall market. We also notice some doubts in the very recent evolution, but in the medium term this still looks good.
61% of all other stocks performed better in the past year than NGEN.
The long term trend is positive and the short term trend is neutral. The long term trend may just continue or reversal may be around the corner!
NGEN is an average performer in the Pharmaceuticals industry, it outperforms 58% of 35 stocks in the same industry.
NGEN is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NGEN is lagging the market.
In the last month NGEN has a been trading in the 2.80 - 3.07 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.
Although the technical rating is only medium, NGEN does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.81, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for NGEN 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
2.20
3.29
3 important support areas can be observed.
- A support zone ranging from 2.81 to 2.81. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @2.27 from a trend line in the daily time frame.
- Support @2.22 from a trend line in the weekly time frame.
When analyzing the resistance we notice 5 important areas.
- A resistance zone ranging from 2.91 to 2.95. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @3.04 from a horizontal line in the daily time frame.
- Resistance @3.11 from a trend line in the weekly time frame.
- Resistance @3.19 from a horizontal line in the weekly time frame.
- Resistance @3.26 from a horizontal line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.13
Mansfield0.19
10 Day High3.07
10 Day Low2.85
20 Day High3.07
20 Day Low2.8
52 Week High3.7
52 Week Low1.65
Performance
1 Week-4%
2 Weeks0.7%
1 Month-0.35%
3 Month10.77%
6 Month5.49%
12 Month-6.8%
2 Year54.84%
3 Year39.81%
5 Year47.69%
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
RSI(14)45.88
LBB2.84
UBB3.04
TSX-V:NGEN (2/21/2025, 7:00:00 PM)
2.88
-0.02 (-0.69%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.69%
1 Week-4%
2 Weeks0.7%
1 Month-0.35%
3 Month10.77%
6 Month5.49%
12 Month-6.8%
2 Year54.84%
3 Year39.81%
5 Year47.69%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.08
ATR(20)%2.81%
ATR Inc-2.61%
Range Today0.04
ADR(20)0.08
ADR(20)%2.74%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS39.13
Mansfield0.19
10 Day High3.07
10 Day Low2.85
20 Day High3.07
20 Day Low2.8
52 Week High3.7
52 Week Low1.65
CS1 End2.81
CR1 Start2.91
Volume & EV
DER(3)5.31%
DER(5)3.18%
Volume18.22K
Volume Incr-8.88%
Vol(5)24.53K
Vol(50)43.85K