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Stock Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Nexgen Energy Ltd (TSE:NXE)

Sidelines Mode (-55) - NXE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
10.48 10.79 10.41 10.66 +0.10
Entry Signal

MarketClub’s Trade Triangles for NXE

long term up The long-term trend has been UP since Jun 5th, 2023 at 6.06

intermediate term down The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 10.38

short term up The short-term trend has been UP since Apr 23rd, 2024 at 10.76

Smart Scan Analysis for NXE

Based on our trend formula, NXE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.48 10.79 10.41 10.66 +0.10
Prev. Close Volume Bid Ask Time
10.56 1105890 2024-04-23 16:00:00
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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