NEXGEN ENERGY LTD (NXE) Stock Technical Analysis
NYSE:NXE - New York Stock Exchange, Inc. - CA65340P1062 - Common Stock - Currency: USD
Taking everything into account, NXE scores 0 out of 10 in our technical rating. 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: 91% of all stocks are doing better.
NXE is part of the Oil, Gas & Consumable Fuels industry. There are 210 other stocks in this industry, of which 81% are performing better than NXE.
NXE is currently trading near the lower end of its 52 week range, which is not a good sign. NXE is lagging the S&P500 Index which is trading in the middle of its 52 week range.
NXE is currently showing a bear flag pattern! A bear flag pattern occurs when prices pull back slightly after a strong move down. This may present a good short opportunity.
Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NXE has an average volume of 8983970 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The technical rating of NXE is bad and it also does not present a quality setup 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
4.80
6.74
2 important resistance areas can be observed.
- A resistance zone ranging from 6.29 to 6.37. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @6.67 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
CRS9.32
Mansfield-3.29
10 Day High5.64
10 Day Low4.58
20 Day High6.74
20 Day Low4.58
52 Week High8.96
52 Week Low4.58
Performance
1 Week-8.32%
2 Weeks-13.24%
1 Month-24.81%
3 Month-42.05%
6 Month-8.66%
12 Month-34.01%
2 Year26.63%
3 Year-14.31%
5 Year566.67%
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)-0.05
RSI(14)28.97
LBB4.47
UBB6.19
4.85
-0.08 (-1.62%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg-1.62%
1 Week-8.32%
2 Weeks-13.24%
1 Month-24.81%
3 Month-42.05%
6 Month-8.66%
12 Month-34.01%
2 Year26.63%
3 Year-14.31%
5 Year566.67%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.28
ATR(20)%5.81%
ATR Inc-28.4%
Range Today0.18
ADR(20)0.27
ADR(20)%5.63%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS9.32
Mansfield-3.29
10 Day High5.64
10 Day Low4.58
20 Day High6.74
20 Day Low4.58
52 Week High8.96
52 Week Low4.58
CS1 EndN/A
CR1 Start6.29
Volume & EV
DER(3)2.09%
DER(5)1.19%
Volume7.82M
Volume Incr35.71%
Vol(5)12.38M
Vol(50)8.98M