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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Nexgen Energy Ltd. Common Shares (NYSE:NXE)

Weak Downtrend (-65) - NXE is showing signs of a strengthening downtrend. Monitor NXE as it may be building momentum to the downside.

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.

NYSE_NXE
Open High Low NXE Price Change
8.5000 8.5499 7.4700 7.6650 -1.0850
Entry Signal

MarketClub’s Trade Triangles for NXE

long term up The long-term trend has been UP since Jun 2nd, 2023 at 4.46

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 7.49

short term down The short-term trend has been DOWN since May 8th, 2024 at 8.09

Smart Scan Analysis for NXE

Based on our trend formula, NXE is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.5000 8.5499 7.4700 7.6650 -1.0850
Prev. Close Volume Bid Ask Time
8.7500 18978405 2024-05-08 15:59:36
52wk High8.8852wk High Date2024-05-07
52wk Low3.60552wk Low Date2023-05-31
Average Volume5,359,522Shares Outstanding85,656
Assets884,564,000MLiabilities250,391,000M
P/E Ratio-15.77640000
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