NGEX MINERALS LTD (NGEX.CA) Stock Technical Analysis
TSX-V:NGEX - TSX Venture Exchange - CA65343P1036 - Common Stock - Currency: CAD
Taking everything into account, NGEX scores 8 out of 10 in our technical rating. In the last year, NGEX was one of the better performers, but we do observe some doubts in the very recent evolution.
In the last month NGEX has a been trading in the 12.99 - 14.91 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.
When comparing the yearly performance of all stocks, we notice that NGEX is one of the better performing stocks in the market, outperforming 86% of all stocks. We also observe that the gains produced by NGEX over the past year are nicely spread over this period.
NGEX is part of the Metals & Mining industry. There are 832 other stocks in this industry. NGEX outperforms 79% of them.
NGEX is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so NGEX is performing more or less in line with the market.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
Although NGEX has an excellent technical rating, it does not offer a high quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
8.49
15.02
2 important support areas can be observed.
- Support @10.22 from a trend line in the weekly time frame.
- Support @8.58 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 13.04 to 13.20. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 14.69 to 14.87. 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
CRS86.82
Mansfield1.61
10 Day High14.91
10 Day Low12.99
20 Day High14.91
20 Day Low12.99
52 Week High14.91
52 Week Low7.37
Performance
1 Week-10.19%
2 Weeks-11.1%
1 Month-2.03%
3 Month12.31%
6 Month45.32%
12 Month56.85%
2 Year304.03%
3 Year645.71%
5 Year3246.15%
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)-0.22
RSI(14)40.48
LBB12.94
UBB15.4
NGEX MINERALS LTD
TSX-V:NGEX (2/3/2025, 7:00:00 PM)
12.92
-0.53 (-3.94%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-3.94%
1 Week-10.19%
2 Weeks-11.1%
1 Month-2.03%
3 Month12.31%
6 Month45.32%
12 Month56.85%
2 Year304.03%
3 Year645.71%
5 Year3246.15%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%3.22%
ATR Inc22.11%
Range Today0.44
ADR(20)0.4
ADR(20)%3.1%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.82
Mansfield1.61
10 Day High14.91
10 Day Low12.99
20 Day High14.91
20 Day Low12.99
52 Week High14.91
52 Week Low7.37
CS1 End13.04
CR1 Start14.69
Volume & EV
DER(3)-9.82%
DER(5)-5.7%
Volume196.81K
Volume Incr8.98%
Vol(5)232.34K
Vol(50)266.09K