CANICKEL MINING LTD (CML.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CML - CA13758Y2015 - Common Stock
Taking everything into account, CML scores 0 out of 10 in our technical rating. CML scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
- When comparing the yearly performance of all stocks, CML is a bad performer in the overall market: 96% of all stocks are doing better.
- CML is one of the lesser performing stocks in the Metals & Mining industry. 90% of 817 stocks in the same industry do better.
- CML 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 CML has a been trading in the 0.02 - 0.07 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Warning: CML has an average volume of 21879 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of CML is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
0.02
We found 1 important resistance area.
- A resistance zone ranging from 0.03 to 0.03. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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 CML.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CML.CA is down. |
| ChartMill Relative Strength | 4.5 | NEGATIVE | CML.CA has a low relative strength, it was outperformed by 95.5% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CML.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CML.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CML.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 43.46 | NEUTRAL | The RSI value for CML.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CML.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 50 | NEUTRAL | The Stochastics value for CML.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 25 | HIGH VOLATILITY | The high ATR as a percentage value for CML.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 13.01 | NEGATIVE | The low ADX value for CML.CA suggests a weak or negative trend. |
TSX-V:CML (6/26/2025, 7:00:00 PM)
0.025
0 (0%)
CANICKEL MINING LTD / CML.CA FAQ
Can you provide the ChartMill technical rating for CANICKEL MINING LTD?
ChartMill assigns a technical rating of 0 / 10 to CML.CA.
What is the current trend direction of CANICKEL MINING LTD (CML.CA) stock?
The current trend direction for CANICKEL MINING LTD (CML.CA) is Bearish.
What is the RSI signal for CANICKEL MINING LTD (CML.CA) stock?
CANICKEL MINING LTD (CML.CA) has an RSI value of 43.455. This indicates that the stock is currently neutral.
What is the short term momentum for CML stock?
The short term momentum for CANICKEL MINING LTD (CML.CA) is negative.
What is the support and resistance level for CML stock?
CANICKEL MINING LTD (CML.CA) has a resistance level at 0.03. Check the full technical report for our detailed analysis of CML.CA support and resistance levels.