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NEXE Innovations Inc
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Let's analyse NEXE Innovations Inc together

PenkeI guess you are interested in NEXE Innovations Inc. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of NEXE Innovations Inc. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of NEXE Innovations Inc (30 sec.)










What can you expect buying and holding a share of NEXE Innovations Inc? (30 sec.)

How much money do you get?

How much money do you get?
C$0.00
When do you have the money?
1 year
How often do you get paid?
0.0%

What is your share worth?

Current worth
C$0.37
Expected worth in 1 year
C$0.30
How sure are you?
23.1%

+ What do you gain per year?

Total Gains per Share
C$-0.07
Return On Investment
-30.9%

For what price can you sell your share?

Current Price per Share
C$0.23
Expected price per share
C$0.22 - C$0.27
How sure are you?
50%
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1. Valuation of NEXE Innovations Inc (5 min.)




Live pricePrice per Share (EOD)

C$0.23

Intrinsic Value Per Share

C$-1.11 - C$-1.28

Total Value Per Share

C$-0.74 - C$-0.91

2. Growth of NEXE Innovations Inc (5 min.)




Is NEXE Innovations Inc growing?

Current yearPrevious yearGrowGrow %
How rich?$26.7m$32.8m-$4.1m-14.5%

How much money is NEXE Innovations Inc making?

Current yearPrevious yearGrowGrow %
Making money-$1.3m-$1.2m-$171.2k-12.4%
Net Profit Margin-16,161.8%-4,938.4%--

How much money comes from the company's main activities?

3. Financial Health of NEXE Innovations Inc (5 min.)




4. Comparing to competitors in the Packaging & Containers industry (5 min.)




  Industry Rankings (Packaging & Containers)  


Richest
#174 / 219

Most Revenue
#214 / 219

Most Profit
#184 / 219

Most Efficient
#219 / 219
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What can you expect buying and holding a share of NEXE Innovations Inc? (5 min.)

Welcome investor! NEXE Innovations Inc's management wants to use your money to grow the business. In return you get a share of NEXE Innovations Inc.

What can you expect buying and holding a share of NEXE Innovations Inc?

First you should know what it really means to hold a share of NEXE Innovations Inc. And how you can make/lose money.

Speculation

The Price per Share of NEXE Innovations Inc is C$0.225. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of NEXE Innovations Inc.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in NEXE Innovations Inc, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is C$0.37. Based on the TTM, the Book Value Change Per Share is C$-0.02 per quarter. Based on the YOY, the Book Value Change Per Share is C$-0.01 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is C$0.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of NEXE Innovations Inc.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 C$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per ShareC$% of Price per Share
Usd Eps-0.01-5.4%-0.02-7.4%-0.01-5.5%-0.02-7.5%-0.02-7.5%
Usd Book Value Change Per Share-0.01-4.9%-0.01-5.7%-0.01-4.8%0.029.4%0.029.4%
Usd Dividend Per Share0.000.0%0.000.0%0.000.0%0.000.0%0.000.0%
Usd Total Gains Per Share-0.01-4.9%-0.01-5.7%-0.01-4.8%0.029.4%0.029.4%
Usd Price Per Share0.18-0.27-0.27-0.52-0.52-
Price to Earnings Ratio-3.77--4.05--9.18--7.79--7.79-
Price-to-Total Gains Ratio-16.66--23.18--66.01--35.16--35.16-
Price to Book Ratio0.67-0.92-0.81-1.97-1.97-
Price-to-Total Gains Ratio-16.66--23.18--66.01--35.16--35.16-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share0.166365
Number of shares6010
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.000.00
Usd Book Value Change Per Share-0.010.02
Usd Total Gains Per Share-0.010.02
Gains per Quarter (6010 shares)-77.16127.33
Gains per Year (6010 shares)-308.64509.32
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
10-309-3190509499
20-617-628010191008
30-926-937015281517
40-1235-1246020372026
50-1543-1555025472535
60-1852-1864030563044
70-2160-2173035653553
80-2469-2482040754062
90-2778-2791045844571
100-3086-3100050935080

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share0.04.00.00.0%0.012.00.00.0%0.013.00.00.0%0.013.00.00.0%0.013.00.00.0%
Book Value Change Per Share0.04.00.00.0%2.010.00.016.7%3.010.00.023.1%3.010.00.023.1%3.010.00.023.1%
Dividend per Share0.00.04.00.0%0.00.012.00.0%0.00.013.00.0%0.00.013.00.0%0.00.013.00.0%
Total Gains per Share0.04.00.00.0%2.010.00.016.7%3.010.00.023.1%3.010.00.023.1%3.010.00.023.1%
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Fundamentals of NEXE Innovations Inc

About NEXE Innovations Inc

NEXE Innovations Inc. engages in the manufacture and sale of plant-based single-serve coffee pods for use in single-serve coffee machines in Canada. The company was founded in 2015 and is headquartered in Surrey, Canada.

Fundamental data was last updated by Penke on 2024-02-18 13:53:04.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is very able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of NEXE Innovations Inc.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit NEXE Innovations Inc earns for each $1 of revenue.

  • Above 10% is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • A Net Profit Margin of -4,775.9% means that $-47.76 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of NEXE Innovations Inc:

  • The MRQ is -4,775.9%. The company is making a huge loss. -2
  • The TTM is -16,161.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-4,775.9%TTM-16,161.8%+11,385.8%
TTM-16,161.8%YOY-4,938.4%-11,223.4%
TTM-16,161.8%5Y-6,492.3%-9,669.4%
5Y-6,492.3%10Y-6,492.3%0.0%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ-4,775.9%4.1%-4,780.0%
TTM-16,161.8%4.0%-16,165.8%
YOY-4,938.4%4.8%-4,943.2%
5Y-6,492.3%3.9%-6,496.2%
10Y-6,492.3%4.0%-6,496.3%
1.1.2. Return on Assets

Shows how efficient NEXE Innovations Inc is using its assets to generate profit.

  • Above 5% is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • -4.1% Return on Assets means that NEXE Innovations Inc generated $-0.04 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of NEXE Innovations Inc:

  • The MRQ is -4.1%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -4.5%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.1%TTM-4.5%+0.4%
TTM-4.5%YOY-3.4%-1.1%
TTM-4.5%5Y-7.0%+2.5%
5Y-7.0%10Y-7.0%0.0%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.1%1.2%-5.3%
TTM-4.5%1.0%-5.5%
YOY-3.4%1.3%-4.7%
5Y-7.0%1.3%-8.3%
10Y-7.0%1.3%-8.3%
1.1.3. Return on Equity

Shows how efficient NEXE Innovations Inc is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • -4.4% Return on Equity means NEXE Innovations Inc generated $-0.04 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of NEXE Innovations Inc:

  • The MRQ is -4.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -4.8%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-4.4%TTM-4.8%+0.4%
TTM-4.8%YOY-3.7%-1.2%
TTM-4.8%5Y-8.0%+3.2%
5Y-8.0%10Y-8.0%0.0%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.4%2.6%-7.0%
TTM-4.8%2.3%-7.1%
YOY-3.7%3.0%-6.7%
5Y-8.0%2.7%-10.7%
10Y-8.0%2.9%-10.9%
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1.2. Operating Efficiency of NEXE Innovations Inc.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient NEXE Innovations Inc is operating .

  • Measures how much profit NEXE Innovations Inc makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • An Operating Margin of 0.0% means the company generated $0.00  for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of NEXE Innovations Inc:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-7,519.2%+7,519.2%
TTM-7,519.2%YOY-7,969.3%+450.1%
TTM-7,519.2%5Y-4,765.7%-2,753.5%
5Y-4,765.7%10Y-4,765.7%0.0%
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.3%-7.3%
TTM-7,519.2%4.1%-7,523.3%
YOY-7,969.3%7.3%-7,976.6%
5Y-4,765.7%7.0%-4,772.7%
10Y-4,765.7%5.9%-4,771.6%
1.2.2. Operating Ratio

Measures how efficient NEXE Innovations Inc is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Packaging & Containers industry mean).
  • An Operation Ratio of 50.59 means that the operating costs are $50.59 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of NEXE Innovations Inc:

  • The MRQ is 50.593. The company is inefficient in keeping operating costs low. -1
  • The TTM is 144.790. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ50.593TTM144.790-94.196
TTM144.790YOY78.531+66.258
TTM144.7905Y68.714+76.075
5Y68.71410Y68.7140.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ50.5931.606+48.987
TTM144.7901.614+143.176
YOY78.5311.605+76.926
5Y68.7141.542+67.172
10Y68.7141.271+67.443
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1.3. Liquidity of NEXE Innovations Inc.

1.3. Liquidity
1.3.1. Current Ratio

Measures if NEXE Innovations Inc is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Packaging & Containers industry mean).
  • A Current Ratio of 6.57 means the company has $6.57 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of NEXE Innovations Inc:

  • The MRQ is 6.575. The company is very able to pay all its short-term debts. +2
  • The TTM is 9.099. The company is very able to pay all its short-term debts. +2
Trends
Current periodCompared to+/- 
MRQ6.575TTM9.099-2.524
TTM9.099YOY12.937-3.839
TTM9.0995Y11.925-2.827
5Y11.92510Y11.9250.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ6.5751.550+5.025
TTM9.0991.564+7.535
YOY12.9371.543+11.394
5Y11.9251.535+10.390
10Y11.9251.475+10.450
1.3.2. Quick Ratio

Measures if NEXE Innovations Inc is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • A Quick Ratio of 1.11 means the company can pay off $1.11 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of NEXE Innovations Inc:

  • The MRQ is 1.106. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.967. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ1.106TTM1.967-0.861
TTM1.967YOY7.212-5.245
TTM1.9675Y4.078-2.111
5Y4.07810Y4.0780.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ1.1060.718+0.388
TTM1.9670.751+1.216
YOY7.2120.808+6.404
5Y4.0780.837+3.241
10Y4.0780.838+3.240
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1.4. Solvency of NEXE Innovations Inc.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of NEXE Innovations Inc assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare NEXE Innovations Inc to Packaging & Containers industry mean.
  • A Debt to Asset Ratio of 0.08 means that NEXE Innovations Inc assets are financed with 8.2% credit (debt) and the remaining percentage (100% - 8.2%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of NEXE Innovations Inc:

  • The MRQ is 0.082. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.079. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.082TTM0.079+0.003
TTM0.079YOY0.081-0.002
TTM0.0795Y0.101-0.022
5Y0.10110Y0.1010.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0820.484-0.402
TTM0.0790.498-0.419
YOY0.0810.507-0.426
5Y0.1010.495-0.394
10Y0.1010.495-0.394
1.4.2. Debt to Equity Ratio

Measures if NEXE Innovations Inc is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • A Debt to Equity ratio of 9.0% means that company has $0.09 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of NEXE Innovations Inc:

  • The MRQ is 0.090. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.086. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.090TTM0.086+0.003
TTM0.086YOY0.089-0.002
TTM0.0865Y0.119-0.032
5Y0.11910Y0.1190.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
MRQ0.0900.945-0.855
TTM0.0860.988-0.902
YOY0.0891.051-0.962
5Y0.1191.063-0.944
10Y0.1191.085-0.966
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2. Market Valuation of NEXE Innovations Inc

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings NEXE Innovations Inc generates.

  • Above 15 is considered overpriced but always compare NEXE Innovations Inc to the Packaging & Containers industry mean.
  • A PE ratio of -3.77 means the investor is paying $-3.77 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of NEXE Innovations Inc:

  • The EOD is -3.397. Based on the earnings, the company is expensive. -2
  • The MRQ is -3.775. Based on the earnings, the company is expensive. -2
  • The TTM is -4.048. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-3.397MRQ-3.775+0.377
MRQ-3.775TTM-4.048+0.274
TTM-4.048YOY-9.182+5.134
TTM-4.0485Y-7.788+3.740
5Y-7.78810Y-7.7880.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD-3.39711.933-15.330
MRQ-3.77511.518-15.293
TTM-4.04811.870-15.918
YOY-9.18213.481-22.663
5Y-7.78814.320-22.108
10Y-7.78818.235-26.023
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of NEXE Innovations Inc:

  • The EOD is -4.339. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is -4.821. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is -0.402. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD-4.339MRQ-4.821+0.482
MRQ-4.821TTM-0.402-4.418
TTM-0.402YOY-2.466+2.063
TTM-0.4025Y-5.672+5.270
5Y-5.67210Y-5.6720.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD-4.3394.886-9.225
MRQ-4.8215.179-10.000
TTM-0.4025.409-5.811
YOY-2.466-0.306-2.160
5Y-5.6721.504-7.176
10Y-5.6722.525-8.197
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of NEXE Innovations Inc is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Packaging & Containers industry mean).
  • A PB ratio of 0.67 means the investor is paying $0.67 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of NEXE Innovations Inc:

  • The EOD is 0.604. Based on the equity, the company is cheap. +2
  • The MRQ is 0.671. Based on the equity, the company is cheap. +2
  • The TTM is 0.917. Based on the equity, the company is cheap. +2
Trends
Current periodCompared to+/- 
EOD0.604MRQ0.671-0.067
MRQ0.671TTM0.917-0.246
TTM0.917YOY0.806+0.111
TTM0.9175Y1.975-1.058
5Y1.97510Y1.9750.000
Compared to industry (Packaging & Containers)
PeriodCompanyIndustry (mean)+/- 
EOD0.6041.297-0.693
MRQ0.6711.347-0.676
TTM0.9171.473-0.556
YOY0.8061.724-0.918
5Y1.9751.737+0.238
10Y1.9751.928+0.047
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of NEXE Innovations Inc compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.015-0.017+16%-0.015-2%0.029-152%0.029-152%
Book Value Per Share--0.3720.399-7%0.457-18%0.407-8%0.407-8%
Current Ratio--6.5759.099-28%12.937-49%11.925-45%11.925-45%
Debt To Asset Ratio--0.0820.079+4%0.081+1%0.101-19%0.101-19%
Debt To Equity Ratio--0.0900.086+4%0.089+1%0.119-25%0.119-25%
Dividend Per Share----0%-0%-0%-0%
Eps---0.017-0.023+37%-0.017+2%-0.023+38%-0.023+38%
Free Cash Flow Per Share---0.013-0.017+29%-0.048+274%-0.033+152%-0.033+152%
Free Cash Flow To Equity Per Share---0.014-0.018+27%-0.050+251%-0.002-84%-0.002-84%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---1.283--------
Intrinsic Value_10Y_min---1.115--------
Intrinsic Value_1Y_max---0.137--------
Intrinsic Value_1Y_min---0.134--------
Intrinsic Value_3Y_max---0.404--------
Intrinsic Value_3Y_min---0.386--------
Intrinsic Value_5Y_max---0.665--------
Intrinsic Value_5Y_min---0.617--------
Market Cap21890991.600-11%24323324.25035876903.269-32%36120136.286-33%68479512.343-64%68479512.343-64%
Net Profit Margin---47.759-161.618+238%-49.384+3%-64.923+36%-64.923+36%
Operating Margin----75.1920%-79.6930%-47.6570%-47.6570%
Operating Ratio--50.593144.790-65%78.531-36%68.714-26%68.714-26%
Pb Ratio0.604-11%0.6710.917-27%0.806-17%1.975-66%1.975-66%
Pe Ratio-3.397+10%-3.775-4.048+7%-9.182+143%-7.788+106%-7.788+106%
Price Per Share0.225-11%0.2500.369-32%0.371-33%0.704-64%0.704-64%
Price To Free Cash Flow Ratio-4.339+10%-4.821-0.402-92%-2.466-49%-5.672+18%-5.672+18%
Price To Total Gains Ratio-14.996+10%-16.662-23.182+39%-66.008+296%-35.156+111%-35.156+111%
Quick Ratio--1.1061.967-44%7.212-85%4.078-73%4.078-73%
Return On Assets---0.041-0.045+9%-0.034-18%-0.070+71%-0.070+71%
Return On Equity---0.044-0.048+9%-0.037-18%-0.080+81%-0.080+81%
Total Gains Per Share---0.015-0.017+16%-0.015-2%0.029-152%0.029-152%
Usd Book Value--26796740.32228712956.238-7%32876132.965-18%29261541.200-8%29261541.200-8%
Usd Book Value Change Per Share---0.011-0.013+16%-0.011-2%0.021-152%0.021-152%
Usd Book Value Per Share--0.2750.295-7%0.338-18%0.301-8%0.301-8%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.012-0.017+37%-0.012+2%-0.017+38%-0.017+38%
Usd Free Cash Flow---932645.887-1199055.589+29%-3485073.911+274%-2349698.764+152%-2349698.764+152%
Usd Free Cash Flow Per Share---0.010-0.012+29%-0.036+274%-0.024+152%-0.024+152%
Usd Free Cash Flow To Equity Per Share---0.011-0.013+27%-0.037+251%-0.002-84%-0.002-84%
Usd Market Cap16186199.189-11%17984665.95026527382.277-32%26707228.770-33%50633751.426-64%50633751.426-64%
Usd Price Per Share0.166-11%0.1850.273-32%0.275-33%0.520-64%0.520-64%
Usd Profit---1191078.017-1384257.358+16%-1212994.758+2%-1963612.522+65%-1963612.522+65%
Usd Revenue--24939.22324959.5560%11673.093+114%11271.584+121%11271.584+121%
Usd Total Gains Per Share---0.011-0.013+16%-0.011-2%0.021-152%0.021-152%
 EOD+3 -5MRQTTM+20 -12YOY+15 -175Y+16 -1610Y+16 -16

3.2. Fundamental Score

Let's check the fundamental score of NEXE Innovations Inc based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-3.397
Price to Book Ratio (EOD)Between0-10.604
Net Profit Margin (MRQ)Greater than0-47.759
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.106
Current Ratio (MRQ)Greater than16.575
Debt to Asset Ratio (MRQ)Less than10.082
Debt to Equity Ratio (MRQ)Less than10.090
Return on Equity (MRQ)Greater than0.15-0.044
Return on Assets (MRQ)Greater than0.05-0.041
Total5/10 (50.0%)

3.3. Technical Score

Let's check the technical score of NEXE Innovations Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.270
Ma 20Greater thanMa 500.234
Ma 50Greater thanMa 1000.227
Ma 100Greater thanMa 2000.248
OpenGreater thanClose0.230
Total2/5 (40.0%)



Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

 2022-11-302023-02-282023-05-312023-08-312023-11-30
Net Interest Income  135-3133-16117-3582-105-22



Latest Balance Sheet

Balance Sheet of 2023-11-30. Currency in CAD. All numbers in thousands.

Summary
Total Assets39,487
Total Liabilities3,246
Total Stockholder Equity36,241
 As reported
Total Liabilities 3,246
Total Stockholder Equity+ 36,241
Total Assets = 39,487

Assets

Total Assets39,487
Total Current Assets18,189
Long-term Assets21,298
Total Current Assets
Cash And Cash Equivalents 8,316
Short-term Investments 3,000
Net Receivables 59
Inventory 640
Total Current Assets  (as reported)18,189
Total Current Assets  (calculated)12,016
+/- 6,173
Long-term Assets
Property Plant Equipment 21,219
Intangible Assets 79
Long-term Assets  (as reported)21,298
Long-term Assets  (calculated)21,298
+/-0

Liabilities & Shareholders' Equity

Total Current Liabilities2,767
Long-term Liabilities479
Total Stockholder Equity36,241
Total Current Liabilities
Short Long Term Debt 355
Accounts payable 2,358
Total Current Liabilities  (as reported)2,767
Total Current Liabilities  (calculated)2,713
+/- 53
Long-term Liabilities
Long term Debt 479
Long-term Liabilities  (as reported)479
Long-term Liabilities  (calculated)479
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)36,241
Total Stockholder Equity (calculated)0
+/- 36,241
Other
Capital Stock66,190
Common Stock Shares Outstanding 97,293
Net Invested Capital 37,075
Net Working Capital 15,422
Property Plant and Equipment Gross 25,102



Balance Sheet

Currency in CAD. All numbers in thousands.

 Trend2023-11-302023-08-312023-05-312023-02-282022-11-302022-08-312022-05-312022-02-282021-11-302021-08-312021-05-312021-02-282020-11-30
> Total Assets 
8,519
27,038
57,676
54,603
52,675
50,783
49,170
47,093
46,553
44,937
43,358
40,917
39,487
39,48740,91743,35844,93746,55347,09349,17050,78352,67554,60357,67627,0388,519
   > Total Current Assets 
3,975
21,277
53,370
50,154
47,189
39,712
34,740
31,266
28,983
26,880
26,217
21,796
18,189
18,18921,79626,21726,88028,98331,26634,74039,71247,18950,15453,37021,2773,975
       Cash And Cash Equivalents 
3,490
19,798
50,527
45,507
5,369
3,155
15,507
12,176
9,770
6,070
15,610
12,703
8,316
8,31612,70315,6106,0709,77012,17615,5073,1555,36945,50750,52719,7983,490
       Short-term Investments 
14
30
40
40
35,758
30,019
12,955
13,000
11,934
12,000
0
0
3,000
3,0000012,00011,93413,00012,95530,01935,75840403014
       Net Receivables 
363
422
603
709
925
1,108
1,338
1,488
1,932
11
2,362
118
59
591182,362111,9321,4881,3381,108925709603422363
       Other Current Assets 
14
30
40
0
0
0
40
40
40
0
1,892
0
0
001,8920404040000403014
   > Long-term Assets 
4,544
5,761
4,306
4,448
5,486
11,071
14,430
15,645
17,570
18,058
17,141
19,122
21,298
21,29819,12217,14118,05817,57015,64514,43011,0715,4864,4484,3065,7614,544
       Property Plant Equipment 
2,160
3,568
4,093
4,240
4,166
10,027
12,100
12,751
17,491
17,979
17,062
19,043
21,219
21,21919,04317,06217,97917,49112,75112,10010,0274,1664,2404,0933,5682,160
       Long Term Investments 
0
0
0
0
251
0
0
0
0
0
0
0
0
000000002510000
       Intangible Assets 
1,250
1,143
79
79
0
79
79
79
79
79
79
79
79
7979797979797979079791,1431,250
       Other Assets 
1,134
1,050
133
129
990
965
2,252
2,997
0
0
0
0
0
000002,9972,2529659901291331,0501,134
> Total Liabilities 
2,614
3,321
5,339
3,992
3,958
3,877
4,378
3,937
3,555
3,039
3,868
3,216
3,246
3,2463,2163,8683,0393,5553,9374,3783,8773,9583,9925,3393,3212,614
   > Total Current Liabilities 
1,556
2,314
3,868
2,325
2,387
2,407
3,011
2,678
2,408
2,009
3,202
2,641
2,767
2,7672,6413,2022,0092,4082,6783,0112,4072,3872,3253,8682,3141,556
       Short Long Term Debt 
458
500
1,305
222
234
246
260
273
288
303
319
337
355
3553373193032882732602462342221,305500458
       Accounts payable 
1,082
1,799
1,467
980
1,030
990
1,574
1,232
1,967
1,554
2,863
2,305
2,358
2,3582,3052,8631,5541,9671,2321,5749901,0309801,4671,7991,082
       Other Current Liabilities 
0
0
1,050
1,000
1,000
1,000
1,002
1,000
0
0
14
0
0
0014001,0001,0021,0001,0001,0001,05000
   > Long-term Liabilities 
1,058
1,007
1,471
1,667
1,570
1,717
1,367
1,259
1,147
1,030
666
575
479
4795756661,0301,1471,2591,3671,7171,5701,6671,4711,0071,058
       Long term Debt 
1,058
1,007
956
1,185
1,122
1,055
985
912
834
752
666
575
479
4795756667528349129851,0551,1221,1859561,0071,058
       Capital Lease Obligations Min Short Term Debt
0
0
543
548
553
558
526
493
460
426
0
0
0
00042646049352655855354854300
       Other Liabilities 
0
0
0
0
0
246
0
0
0
0
0
0
0
000000024600000
       Long-term Liabilities Other 
0
0
0
0
0
246
0
0
0
0
0
0
0
000000024600000
> Total Stockholder Equity
5,905
23,717
52,337
50,611
48,718
46,906
44,792
43,157
42,999
41,899
39,490
37,701
36,241
36,24137,70139,49041,89942,99943,15744,79246,90648,71850,61152,33723,7175,905
   Common Stock
12,140
30,838
66,677
66,811
66,876
66,877
66,882
67,004
67,004
0
66,190
0
0
0066,190067,00467,00466,88266,87766,87666,81166,67730,83812,140
   Retained Earnings -41,197-39,586-37,546-34,961-33,708-33,358-31,408-29,052-27,146-25,086-23,069-14,120-7,754
   Capital Surplus 0000000000000
   Treasury Stock0000000000000
   Other Stockholders Equity 
1,002
1,141
820
993
1,095
1,187
1,426
1,618
1,810
0
2,139
0
0
002,13901,8101,6181,4261,1871,0959938201,1411,002



Balance Sheet

Currency in CAD. All numbers in thousands.




Cash Flow

Currency in CAD. All numbers in thousands.




Income Statement

Currency in CAD. All numbers in thousands.


Latest Income Statement (annual, 2023-05-31)

Gross Profit (+$)
totalRevenue50
Cost of Revenue-212
Gross Profit-162-162
 
Operating Income (+$)
Gross Profit-162
Operating Expense-5,747
Operating Income-5,697-5,909
 
Operating Expense (+$)
Research Development380
Selling General Administrative5,167
Selling And Marketing Expenses0
Operating Expense5,7475,547
 
Net Interest Income (+$)
Interest Income671
Interest Expense-257
Other Finance Cost-0
Net Interest Income413
 
Pretax Income (+$)
Operating Income-5,697
Net Interest Income413
Other Non-Operating Income Expenses0
Income Before Tax (EBT)-6,137-4,843
EBIT - interestExpense = -7,052
-6,137
-5,880
Interest Expense257
Earnings Before Interest and Taxes (EBIT)-6,794-5,880
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax-6,137
Tax Provision-0
Net Income From Continuing Ops-6,137-6,137
Net Income-6,137
Net Income Applicable To Common Shares-6,137
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net-854-413
 

Technical Analysis of NEXE Innovations Inc
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of NEXE Innovations Inc. The general trend of NEXE Innovations Inc is BEARISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine NEXE Innovations Inc's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (-71.4%) Bearish trend (71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of NEXE Innovations Inc.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

  • Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 0.27 < 0.27 < 0.27.

The bearish price targets are: 0.22 > 0.22 > 0.22.

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NEXE Innovations Inc Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of NEXE Innovations Inc. The current mas is .

The long score for the Moving Averages is 2/14.
The longshort score for the Moving Averages is -10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 < MA 100: The MA 20 is lower than the MA 100. -1
  • MA 20 < MA 200: The MA 20 is lower than the MA 200. -1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close < MA 50: The price is below the MA 50. -1
  • MA 50 < MA 100: The MA 50 is lower than the MA 100. -1
  • MA 50 < MA 200: The MA 50 is lower than the MA 200. -1
  • MA 100 trending down: The MA 100 is trending down. -1
  • Close < MA 100: The price is below the MA 100. -1
  • MA 100 < MA 200: The MA 100 is lower than the MA 200. -1
  • MA 200 trending down: The MA 200 is trending down. -1
  • Close < MA 200: The price is below the MA 200. -1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

NEXE Innovations Inc Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of NEXE Innovations Inc. The current macd is -0.00043412.

The long score for the Moving Average Convergence/Divergence (MACD) is 0/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -4/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the NEXE Innovations Inc price going down in the near term. -2
  • MACD < 0: The MACD is below the zero line (centerline), it indicates a bearish signal for NEXE Innovations Inc. This means that the short-term moving average is lower than the long-term moving average, signaling negative momentum and suggesting a higher likelihood of the NEXE Innovations Inc price continuing to fall in the near future. It indicates that sellers are gaining control, and there is negativism in the market, leading to potential price decreases. -1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
NEXE Innovations Inc Daily Moving Average Convergence/Divergence (MACD) ChartNEXE Innovations Inc Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of NEXE Innovations Inc. The current adx is 31.16.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy NEXE Innovations Inc shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2
NEXE Innovations Inc Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows the current trend.
  • Shows potential entry signals.
  • Shows  potential exit signals.
  • Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of NEXE Innovations Inc. The current sar is 0.24758696.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

  • Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1
NEXE Innovations Inc Daily Parabolic SAR Chart
3rd Party Ad. No recommendation by Penke. PLUS is ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum indicator, meaning the signals are instant.
  • Ranges between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of NEXE Innovations Inc. The current rsi is 47.27. The current phase is Continuation in bear market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -3/(-13 +13).

  • Continuation in bear market: Downtrend continues after a consolidation or pullback. Hold or add to short positions.
NEXE Innovations Inc Daily Relative Strength Index (RSI) ChartNEXE Innovations Inc Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading momentum indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of NEXE Innovations Inc. The current phase is Oversold in bear market.

The long score for the Stochastic Oscillator is 1/6.
The longshort score for the Stochastic Oscillator is -2/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the NEXE Innovations Inc price going down in the near term. -2
  • Trending up: The STOCH %K is trending up. +1
NEXE Innovations Inc Daily Stochastic Oscillator ChartNEXE Innovations Inc Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero, the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of NEXE Innovations Inc. The current cci is -53.72405372.

NEXE Innovations Inc Daily Commodity Channel Index (CCI) ChartNEXE Innovations Inc Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of NEXE Innovations Inc. The current cmo is -9.32993426.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
NEXE Innovations Inc Daily Chande Momentum Oscillator (CMO) ChartNEXE Innovations Inc Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and -100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of NEXE Innovations Inc. The current willr is -80.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that NEXE Innovations Inc is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
NEXE Innovations Inc Daily Williams %R ChartNEXE Innovations Inc Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold 

Score

Let's take a look at the Bollinger Bands of NEXE Innovations Inc.

NEXE Innovations Inc Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of NEXE Innovations Inc. The current atr is 0.01186919.

NEXE Innovations Inc Daily Average True Range (ATR) ChartNEXE Innovations Inc Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of NEXE Innovations Inc. The current obv is -3,147,632.

NEXE Innovations Inc Daily On-Balance Volume (OBV) ChartNEXE Innovations Inc Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of NEXE Innovations Inc. The current mfi is 25.62.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
NEXE Innovations Inc Daily Money Flow Index (MFI) ChartNEXE Innovations Inc Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for NEXE Innovations Inc.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2023-09-28RSI LONG ENTRY SHORT CLOSE30 crossover to upside
2023-09-29MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2023-10-03STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-06DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-11CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-10-13STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-16STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-10-17STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-10-18CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-10-19SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-25STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-26WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-10-27STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-10-30STOCH SHORT EXITThe %K line crosses above the %D line.
2023-10-31MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-02STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-11-06STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-07CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2023-11-08SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2023-11-09CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-11-10STOCH LONG EXITThe %K line crosses below the %D line.
2023-11-13CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-11-16MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
2023-11-17STOCH SHORT EXITThe %K line crosses above the %D line.
2023-11-20DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-22WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-11-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-11-29DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-11-30DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2023-12-01STOCH LONG EXITThe %K line crosses below the %D line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-05STOCH SHORT EXITThe %K line crosses above the %D line.
2023-12-06STOCH LONG EXITThe %K line crosses below the %D line.
2023-12-07SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
RSI LONG ENTRY SHORT CLOSE30 crossover to upside
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-08MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2023-12-11STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2023-12-13STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2023-12-14STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2023-12-18SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
MFI SHORT ENTRY LONG CLOSE20 crossover to downside
2023-12-19MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-20STOCH SHORT EXITThe %K line crosses above the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2023-12-22STOCH LONG EXITThe %K line crosses below the %D line.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2023-12-28STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-04DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-05STOCH SHORT EXITThe %K line crosses above the %D line.
2024-01-09DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-10CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-01-11STOCH SHORT EXITThe %K line crosses above the %D line.
MFI LONG ENTRY SHORT CLOSE20 crossover to upside
2024-01-12MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-01-15STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-16SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-01-17WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-18STOCH LONG EXITThe %K line crosses below the %D line.
2024-01-19CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-01-23STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-01-25STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-01-30CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-01-31MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-02-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-07WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-02-12STOCH SHORT EXITThe %K line crosses above the %D line.
2024-02-14CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-02-16STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

6.3. Candlestick Patterns

NEXE Innovations Inc Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of NEXE Innovations Inc based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.270
Ma 20Greater thanMa 500.234
Ma 50Greater thanMa 1000.227
Ma 100Greater thanMa 2000.248
OpenGreater thanClose0.230
Total2/5 (40.0%)
Penke

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