CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CNC - CA13515Q1037 - Common Stock
We assign a technical rating of 4 out of 10 to CNC. In the last year, CNC was a medium performer in the overall market. The medium term is still looking fine, but we see some doubts in the very recent evolution.
Although the technical rating is only medium, CNC does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced.
More info and screens
0.82
When analyzing the support we can see 3 important areas.
- A support zone ranging from 1.17 to 1.18. This zone is formed by a combination of multiple trend lines and important moving averages in the weekly time frame.
- Support @1.15 from a horizontal line in the daily time frame.
- Support @0.83 from a trend line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 1.20 to 1.21. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @1.29 from a horizontal 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 | UP | POSITIVE | The long term trend for CNC.CA is up. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNC.CA is down. |
| ChartMill Relative Strength | 78.18 | POSITIVE | CNC.CA has a high relative strength, it outperformed 78.18% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNC.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of CNC.CA is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CNC.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 47.38 | NEUTRAL | The RSI value for CNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNC.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.33 | OVERSOLD | The low Stochastics value suggests CNC.CA may be oversold. |
| Average True Range in percent/ATR (20) | 4.96 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 17.35 | NEGATIVE | The low ADX value for CNC.CA suggests a weak or negative trend. |
TSX-V:CNC (12/19/2025, 7:00:00 PM)
1.19
+0.03 (+2.59%)
CANADA NICKEL CO INC / CNC.CA FAQ
Can you provide the ChartMill technical rating for CANADA NICKEL CO INC?
ChartMill assigns a technical rating of 4 / 10 to CNC.CA.
What is the current trend direction of CANADA NICKEL CO INC (CNC.CA) stock?
The current trend direction for CANADA NICKEL CO INC (CNC.CA) is Bullish.
Can you provide the RSI signal for CANADA NICKEL CO INC?
CANADA NICKEL CO INC (CNC.CA) has an RSI value of 47.3847. This indicates that the stock is currently neutral.
What is the MACD signal for CNC stock?
The MACD indicator for CANADA NICKEL CO INC (CNC.CA) has a value of -0.0124077, indicating a bearish trend.
Can you provide the support and resistance levels for CANADA NICKEL CO INC?
CANADA NICKEL CO INC (CNC.CA) has a support level at 1.18 and a resistance level at 1.2. Check the full technical report for our detailed analysis of CNC.CA support and resistance levels.