Stock Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Nexgen Energy Ltd (AMEX: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.
MarketClub’s Trade Triangles for NXE
The long-term trend has been UP since Apr 23rd, 2020 at 1.2900
The intermediate-term trend has been UP since Oct 21st, 2020 at 1.8000
The short-term trend has been UP since Nov 24th, 2020 at 1.7471
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).
|Year High||2.85||Year High Date||2018-01-05|
|Year Low||1.65||Year Low Date||2018-04-03|
|52wk High||2.04||52wk High Date||2020-09-01|
|52wk Low||0.4964||52wk Low Date||2020-03-19|
|Average Volume||383,179||Shares Outstanding||85,656|