Advertisement
Loading...

Ninepoint Energy Fund - Series ETF

NNRG.NENEO
Financial Services
Asset Management
$80.89
$-0.66(-0.81%)
Canadian Market opens in 34h 25m
Advertisement

Ninepoint Energy Fund - Series ETF (NNRG.NE) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ninepoint Energy Fund - Series ETF (NEO:NNRG.NE).

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

NNRG.NE Technical Analysis Summary

Ninepoint Energy Fund - Series ETF stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.28)
Trend Strength:Weak (ADX: 15.59)
Volatility:Medium (ATR: 2.15)
Support/Resistance:$79.07 – $89.12 (Bollinger Bands)

Technical conditions suggest Ninepoint Energy Fund - Series ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.28

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.28

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.77

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.24

Neutral
Price change is minimal.

Takeaway:Ninepoint Energy Fund - Series ETF shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.54

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.59

Weak
Weak trend, market trading sideways.

ATR (14): 2.15

Medium
Medium volatility, healthy price movement.

CCI (14): -110.15

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Ninepoint Energy Fund - Series ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$89.12
Middle Band (SMA 20)
$84.10
Lower Band
$79.07
Current Position
Within Bands

Takeaway:Ninepoint Energy Fund - Series ETF trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$87.36
Middle Line (EMA 20)
$83.07
Lower Channel
$78.78
Squeeze Status
No Squeeze

Takeaway:Ninepoint Energy Fund - Series ETF trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume41.67K
Money Flow Index50.60Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.48Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NNRG.NE shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Ninepoint Energy Fund - Series ETF, here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Ninepoint Energy Fund - Series ETF are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ