CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
TSX-V:CNC - TSX Venture Exchange - CA13515Q1037 - Common Stock - Currency: CAD
Overall CNC gets a technical rating of 0 out of 10. CNC'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.
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, CNC is a bad performer in the overall market: 88% of all stocks are doing better.
CNC is part of the Metals & Mining industry. There are 805 other stocks in this industry, of which 73% are performing better than CNC.
CNC is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
In the last month CNC has a been trading in the 0.83 - 0.93 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been consolidating recently, but much resistance may still be present above.
Although the technical rating is bad, CNC does present a nice setup opportunity. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.85
1.07
We can see 6 important resistance areas.
- A resistance zone ranging from 0.86 to 0.87. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A resistance zone ranging from 0.90 to 0.90. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.95 from a trend line in the weekly time frame.
- Resistance @0.97 from a trend line in the daily time frame.
- Resistance @1.01 from a horizontal line in the daily time frame.
- Resistance @1.06 from a trend line in the weekly 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 CNC.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNC.CA is down. |
| ChartMill Relative Strength | 12.34 | NEGATIVE | CNC.CA has a low relative strength, it was outperformed by 87.66% 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) | DOWN | NEGATIVE | The current price of CNC.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNC.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.7 | NEUTRAL | The RSI value for CNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests CNC.CA has a positive trend. |
| Stochastics (14,3) | 42.86 | NEUTRAL | The Stochastics value for CNC.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.66 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 10.84 | NEGATIVE | The low ADX value for CNC.CA 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)
TSX-V:CNC (7/16/2025, 7:00:00 PM)
0.86
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week-1.15%
2 Weeks-1.15%
1 Month0%
3 Month-8.51%
6 Month-2.27%
12 Month-21.82%
2 Year-33.33%
3 Year-41.5%
5 Year-61.78%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.66%
ATR Inc-12.5%
Range Today0.03
ADR(20)0.03
ADR(20)%3.6%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS12.34
Mansfield-1.75
10 Day High0.89
10 Day Low0.83
20 Day High0.93
20 Day Low0.83
52 Week High1.22
52 Week Low0.74
CS1 EndN/A
CR1 Start0.86
Volume & EV
DER(3)0%
DER(5)0%
Volume231.52K
Volume Incr-48.9%
Vol(5)330.51K
Vol(50)438.67K