StockCharts TVPublished 2026-08-26
“These Small Cap Setups Are Getting My Attention”
$NEXABullish
NEXA's technical setup (monthly low ADX breakout, strong weekly momentum) indicates a long-term bullish trend.
Um NEXA uh is a mining company and again, look at what's taken place. I want to show everyone what's taken place on these longer-term charts. You see this big base breakout and look at the volume improvement and look at the ADX.
It's a low ADX breakout on the monthly. So, when you see a low ADX breakout on the monthly, you should think, you know, several months to potentially years is how long a stock with a a long base breakout with low ADX tends to move.
It's not typically something that this lasts a month or two and then falls apart. So, it's a really good sign for this. Great momentum on the weekly chart. Uh made this move to the upside.
ADX is still holding the 25 level even through the corrective pattern. Uh really good sign.