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'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.
When comparing the yearly performance of all stocks, NXE is a bad performer in the overall market: 80% of all stocks are doing better.
NXE is part of the Oil, Gas & Consumable Fuels industry. There are 212 other stocks in this industry, of which 66% are performing better than NXE.
NXE has an average volume of 7380730 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
NXE is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXE is lagging the market.
In the last month NXE has a been trading in the 6.07 - 7.71 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
NXE has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a support zone below the current price at 6.67, a Stop Loss order could be placed below this zone.
More info and screens
5.78
8.84
4 important support areas can be observed.
- Support @6.67 from a horizontal line in the daily time frame.
- Support @6.55 from a horizontal line in the weekly time frame.
- A support zone ranging from 6.08 to 6.14. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @5.84 from a trend line in the weekly time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 7.08 to 7.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 7.37 to 7.50. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- Resistance @8.75 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
CRS20.81
Mansfield-1.44
10 Day High7.69
10 Day Low6.07
20 Day High7.72
20 Day Low6.07
52 Week High8.96
52 Week Low4.95
Performance
1 Week5.7%
2 Weeks-7.22%
1 Month-10.22%
3 Month-9.49%
6 Month19.71%
12 Month-12.11%
2 Year58.67%
3 Year26.04%
5 Year623.26%
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)-0.02
RSI(14)46.37
LBB6
UBB7.62
NEXGEN ENERGY LTD
NYSE:NXE (2/4/2025, 8:04:00 PM)
After market: 6.73 +0.05 (+0.75%)6.68
+0.35 (+5.53%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg5.53%
1 Week5.7%
2 Weeks-7.22%
1 Month-10.22%
3 Month-9.49%
6 Month19.71%
12 Month-12.11%
2 Year58.67%
3 Year26.04%
5 Year623.26%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.43
ATR(20)%5.96%
ATR Inc-6.71%
Range Today0.31
ADR(20)0.37
ADR(20)%5.49%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS20.81
Mansfield-1.44
10 Day High7.69
10 Day Low6.07
20 Day High7.72
20 Day Low6.07
52 Week High8.96
52 Week Low4.95
CS1 End6.67
CR1 Start7.08
Volume & EV
DER(3)2.41%
DER(5)1.75%
Volume7.33M
Volume Incr15%
Vol(5)9.71M
Vol(50)7.38M