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NEXT HYDROGEN SOLUTIONS INC (NXH.CA) Stock Technical Analysis

TSX-V:NXH - TSX Venture Exchange - CA65345D1087 - Common Stock - Currency: CAD

0.81  -0.12 (-12.9%)

Technical Rating and Analysis

9

Overall NXH gets a technical rating of 9 out of 10. Both in the recent history as in the last year, NXH has proven to be a steady performer, scoring decent points in every aspect analyzed.

Warning: NXH has an average volume of 15015 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
Both the short term and long term trends are positive. This is a very positive sign.
NXH is one of the better performing stocks in the Machinery industry, it outperforms 80% of 21 stocks in the same industry.
Looking at the yearly performance, NXH did better than 86% of all other stocks. However, this relatively good performance is mostly due to a recent big move.
NXH is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so NXH is lagging the market.
In the last month NXH has a been trading in the 0.48 - 1.19 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Weekly and Daily overview Charts
NEXT HYDROGEN SOLUTIONS INC / NXH Weekly stock chart
NEXT HYDROGEN SOLUTIONS INC / NXH Daily stock chart
Setup Rating and Analysis

1

Although NXH has an excellent technical rating, it does not present a decent entry opportunity at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.

Support and Resistance Analysis

0.44

0.94

2 important support areas can be observed.

  • A support zone ranging from 0.64 to 0.65. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Support @0.44 from a trend line in the daily time frame.

When analyzing the resistance we notice one important area.

  • A resistance zone ranging from 0.93 to 0.93. This zone is formed by a combination of multiple trend lines in multiple time frames.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.25
Mansfield2.77
10 Day High1.19
10 Day Low0.7
20 Day High1.19
20 Day Low0.48
52 Week High1.19
52 Week Low0.37
Performance
1 Week-19%
2 Weeks15.71%
1 Month35%
3 Month62%
6 Month63.64%
12 Month6.58%
2 Year-40%
3 Year-55.98%
5 YearN/A
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)0.01
RSI(14)54.92
LBB0.51
UBB1.08
NEXT HYDROGEN SOLUTIONS INC / NXH Daily stock chart

NEXT HYDROGEN SOLUTIONS INC

TSX-V:NXH (2/21/2025, 7:00:00 PM)

0.81

-0.12 (-12.9%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorIndustrials
GICS IndustryMachinery
Performance
% Chg-12.9%
1 Week-19%
2 Weeks15.71%
1 Month35%
3 Month62%
6 Month63.64%
12 Month6.58%
2 Year-40%
3 Year-55.98%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.09
ATR(20)%8.33%
ATR Inc18.75%
Range Today0.19
ADR(20)0.05
ADR(20)%5.93%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS86.25
Mansfield2.77
10 Day High1.19
10 Day Low0.7
20 Day High1.19
20 Day Low0.48
52 Week High1.19
52 Week Low0.37
CS1 End0.65
CR1 Start0.93
Volume & EV
DER(3)-16.74%
DER(5)-2.94%
Volume11.02K
Volume Incr24.71%
Vol(5)18.87K
Vol(50)15.02K