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Stock Trend Analysis Report

Prepared for you on Monday, October 18, 2021.

Nexgen Energy Ltd (TSE:NXE)

Long-Term Uptrend (+90) - NXE is in a strong uptrend that is likely to continue. While NXE is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

TSE_NXE
Open High Low NXE Price Change
7.59 8.02 7.58 7.73 +0.29
Entry Signal

MarketClub’s Trade Triangles for NXE

long term up The long-term trend has been UP since Apr 20th, 2020 at 1.67

intermediate term up The intermediate-term trend has been UP since Aug 25th, 2021 at 5.29

short term up The short-term trend has been UP since Oct 8th, 2021 at 6.40

Smart Scan Analysis for NXE

Based on our trend formula, NXE is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7.59 8.02 7.58 7.73 +0.29
Prev. Close Volume Bid Ask Time
7.44 4839374 2021-10-18 16:42:18
Year High3.53Year High Date2018-01-08
Year Low2.115Year Low Date2018-04-03
52wk High3.5852wk High Date2017-12-11
52wk Low2.11552wk Low Date2018-04-03
Average Volume1,843,960Volatility71.29
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