CANADA NICKEL CO INC (CNC.CA) Stock Technical Analysis
TSX-V:CNC - CA13515Q1037 - Common Stock
0.88 CAD
0 (0%)
Overall CNC gets a technical rating of 3 out of 10. Recently some decent action could be observed, but in the medium term time frame this is still negative. CNC was also a bad performer in the overall market in the last year.
87% of all other stocks performed better in the past year than CNC.
CNC is part of the Metals & Mining industry. There are 795 other stocks in this industry, of which 77% 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.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
In the last month CNC has a been trading in the 0.77 - 0.90 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of CNC 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
0.75
1.05
2 important support areas can be observed.
- A support zone ranging from 0.81 to 0.83. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 0.76 to 0.78. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.89 to 0.90. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @1.04 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 | NEUTRAL | NEUTRAL | The long term trend for CNC.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CNC.CA is up. |
| ChartMill Relative Strength | 13.68 | NEGATIVE | CNC.CA has a low relative strength, it was outperformed by 86.32% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CNC.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CNC.CA is above 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) | 65.16 | NEUTRAL | The RSI value for CNC.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.01 | POSITIVE | The MACD value suggests CNC.CA has a positive trend. |
| Stochastics (14,3) | 86.75 | OVERBOUGHT | The high Stochastics value suggests CNC.CA may be overbought. |
| Average True Range in percent/ATR (20) | 3.21 | MEDIUM VOLATILITY | The ATR as a percentage value for CNC.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 20.08 | NEUTRAL | The ADX value for CNC.CA suggests a possible start of a new 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 (9/9/2025, 7:00:00 PM)
0.88
0 (0%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0%
1 Week6.02%
2 Weeks11.39%
1 Month11.39%
3 Month2.33%
6 Month-20%
12 Month-24.14%
2 Year-28.46%
3 Year-39.73%
5 Year-48.54%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%3.21%
ATR Inc38.16%
Range Today0.03
ADR(20)0.03
ADR(20)%3.13%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS13.68
Mansfield-1.4
10 Day High0.9
10 Day Low0.78
20 Day High0.9
20 Day Low0.77
52 Week High1.19
52 Week Low0.74
CS1 End0.83
CR1 Start0.89
Volume & EV
DER(3)0.53%
DER(5)1.2%
Volume181.44K
Volume Incr43.67%
Vol(5)423.72K
Vol(50)296.81K