Stock Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Nexgenrx Inc (CDNX:NXG)
Sidelines Mode (+50) - NXG is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NXG can gain momentum.
Is it time to buy, sell, or avoid NXG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NXG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NXG
The long-term trend has been DOWN since Feb 2nd, 2022 at 0.355
The intermediate-term trend has been UP since May 6th, 2022 at 0.340
The short-term trend has been UP since Apr 12th, 2022 at 0.320
Smart Scan Analysis for NXG
Based on our trend formula, NXG is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.3||Year High Date||2018-06-25|
|Year Low||0.195||Year Low Date||2018-05-30|
|52wk High||0.3||52wk High Date||2018-06-25|
|52wk Low||0.195||52wk Low Date||2018-05-30|