Taking everything into account, NXGL scores 0 out of 10 in our technical rating. NXGL'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.
NXGL has a poor technical rating and the quality of the setup is also only medium at the moment. Prices have been consolidating lately.
1.65
When analyzing the resistance we notice 5 important areas.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NXGL is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for NXGL is neutral. |
| ChartMill Relative Strength | 5.03 | NEGATIVE | NXGL has a low relative strength, it was outperformed by 94.97% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NXGL is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NXGL is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NXGL is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.8 | NEUTRAL | The RSI value for NXGL is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.03 | POSITIVE | The MACD value suggests NXGL has a positive trend. |
| Stochastics (14,3) | 39.85 | NEUTRAL | The Stochastics value for NXGL is a neutral value. |
| Average True Range in percent/ATR (20) | 9.56 | HIGH VOLATILITY | The high ATR as a percentage value for NXGL suggests high volalility. |
| Average Directional Index/ADX (14) | 30.74 | POSITIVE | The high ADX value value for NXGL suggests a strong trend. |
1.67
-0.17 (-9.24%)
ChartMill assigns a technical rating of 0 / 10 to NXGL.
The current trend direction for NEXGEL INC (NXGL) is Bearish.
NEXGEL INC (NXGL) has an RSI value of 43.7979. This indicates that the stock is currently neutral.
The MACD indicator for NEXGEL INC (NXGL) has a value of 0.0297775, indicating a bearish trend.
NEXGEL INC (NXGL) has a resistance level at 1.85. Check the full technical report for our detailed analysis of NXGL support and resistance levels.