Stock Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
Nexgen Energy Ltd (AMEX:NXE)
Bear Market Rally (-75) - NXE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NXE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NXE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NXE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NXE
The long-term trend has been DOWN since Dec 19th, 2018 at 1.740
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 1.175
The short-term trend has been UP since Feb 12th, 2020 at 1.130
Smart Scan Analysis for NXE
Based on our trend formula, NXE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||2.85||Year High Date||2018-01-05|
|Year Low||1.65||Year Low Date||2018-04-03|
|52wk High||1.98||52wk High Date||2019-02-05|
|52wk Low||1.1||52wk Low Date||2019-08-27|
|Average Volume||382,349||Shares Outstanding||85,656|