CHINA NATURAL RESOURCES INC (CHNR) Stock Technical Analysis
NASDAQ:CHNR - Nasdaq - VGG2110U1176 - Common Stock - Currency: USD
We assign a technical rating of 1 out of 10 to CHNR. CHNR's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
When comparing the yearly performance of all stocks, CHNR is a bad performer in the overall market: 90% of all stocks are doing better.
CHNR is one of the lesser performing stocks in the Metals & Mining industry. 86% of 156 stocks in the same industry do better.
CHNR is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month CHNR has a been trading in the 3.57 - 7.18 range, which is quite wide. It is currently trading near the lows of this range.
Considerably lower volume is observed in the last couple of days.
Although the technical rating is bad, CHNR does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is very little resistance above the current price. We notice that large players showed an interest for CHNR in the last couple of days, which is a good sign.
- Behavior of large players is measured by the Effective Volume indicator. This indicator inspects the 1 minute timeframe looking for high volume transactions.
More info and screens
3.66
5.51
When analyzing the support we can see 3 important areas.
- Support @3.83 from a horizontal line in the weekly time frame.
- Support @3.76 from a horizontal line in the daily time frame.
- Support @3.70 from a horizontal line in the daily time frame.
When analyzing the resistance we notice 4 important areas.
- Resistance @4.17 from a horizontal line in the daily time frame.
- A resistance zone ranging from 4.26 to 4.35. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @4.50 from a trend line in the weekly time frame.
- Resistance @5.46 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for CHNR is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for CHNR is neutral. |
| ChartMill Relative Strength | 10.78 | NEGATIVE | CHNR has a low relative strength, it was outperformed by 89.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CHNR is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CHNR is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CHNR is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 46.83 | NEUTRAL | The RSI value for CHNR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.04 | NEGATIVE | The MACD value suggests CHNR has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.59 | OVERSOLD | The low Stochastics value suggests CHNR may be oversold. |
| Average True Range in percent/ATR (20) | 14.71 | HIGH VOLATILITY | The high ATR as a percentage value for CHNR suggests high volalility. |
| Average Directional Index/ADX (14) | 17.98 | NEGATIVE | The low ADX value for CHNR suggests a weak or negative trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
NASDAQ:CHNR (6/27/2025, 8:00:00 PM)
4.06
-0.1 (-2.48%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-2.48%
1 Week1%
2 Weeks-12.5%
1 Month-9.21%
3 Month-15.42%
6 Month-19.47%
12 Month-35.19%
2 Year-74.62%
3 Year-85.07%
5 Year-91.47%
10 Year-95.28%
15 Year-98.88%
Volatility
ATR(14)0.71
ATR(20)%14.71%
ATR Inc-50.07%
Range Today0.39
ADR(20)0.57
ADR(20)%14.08%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS10.78
Mansfield-2.28
10 Day High4.8
10 Day Low3.57
20 Day High7.18
20 Day Low3.57
52 Week High9.04
52 Week Low3.57
CS1 End3.83
CR1 Start4.17
Volume & EV
DER(3)13.51%
DER(5)3.83%
Volume20.60K
Volume Incr-96.23%
Vol(5)39.16K
Vol(50)440.40K