NEXGEN ENERGY LTD (NXE) Stock Technical Analysis
NYSE:NXE - New York Stock Exchange, Inc. - CA65340P1062 - Common Stock - Currency: USD
We assign a technical rating of 0 out of 10 to NXE. NXE 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, NXE is a bad performer in the overall market: 88% of all stocks are doing better.
NXE is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 74% of 212 stocks in the same industry do better.
NXE is currently trading in the lower part of its 52 week range. But, the S&P500 Index is also trading in the lower part of its yearly range, so NXE is not an exception.
NXE has an average volume of 10561100 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
In the last month NXE has a been trading in the 3.91 - 5.28 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although the technical rating is bad, NXE does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. We notice that large players showed an interest for NXE 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
4.44
5.31
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 4.75 to 4.75. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @5.26 from a trend 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
CRS12.79
Mansfield-2.51
10 Day High4.81
10 Day Low3.91
20 Day High5.28
20 Day Low3.91
52 Week High8.96
52 Week Low3.91
Performance
1 Week-3.45%
2 Weeks7.18%
1 Month-8.94%
3 Month-38.12%
6 Month-40.5%
12 Month-43.72%
2 Year14.87%
3 Year-9.13%
5 Year239.39%
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)0.06
RSI(14)44.16
LBB4.06
UBB4.9
4.48
-0.26 (-5.49%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-5.49%
1 Week-3.45%
2 Weeks7.18%
1 Month-8.94%
3 Month-38.12%
6 Month-40.5%
12 Month-43.72%
2 Year14.87%
3 Year-9.13%
5 Year239.39%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.32
ATR(20)%6.74%
ATR Inc-17.18%
Range Today0.36
ADR(20)0.29
ADR(20)%6.37%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.79
Mansfield-2.51
10 Day High4.81
10 Day Low3.91
20 Day High5.28
20 Day Low3.91
52 Week High8.96
52 Week Low3.91
CS1 EndN/A
CR1 Start4.75
Volume & EV
DER(3)7.96%
DER(5)4.88%
Volume5.97M
Volume Incr-36.36%
Vol(5)7.44M
Vol(50)10.56M