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Stock Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

Nexgen Energy Ltd (TSE:NXE)

Countertrend Up (+85) - NXE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score 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
10.89 11.00 10.59 10.93 -0.06
Entry Signal

MarketClub’s Trade Triangles for NXE

long term up The long-term trend has been UP since Oct 16th, 2024 at 10.345

intermediate term up The intermediate-term trend has been UP since Sep 23rd, 2024 at 8.800

short term down The short-term trend has been DOWN since Oct 22nd, 2024 at 10.930

Smart Scan Analysis for NXE

Based on our trend formula, NXE is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NXE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.89 11.00 10.59 10.93 -0.06
Prev. Close Volume Bid Ask Time
10.99 1401425 2024-10-22 15:57:51
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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