CANADIAN NORTH RESOURCES INC (CNRI.CA) Stock Technical Analysis
Canada • TSX Venture Exchange • TSX-V:CNRI • CA1364271017
Overall CNRI gets a technical rating of 0 out of 10. CNRI'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, CNRI is a bad performer in the overall market: 100% of all stocks are doing better.
- CNRI is one of the lesser performing stocks in the Metals & Mining industry. 93% of 814 stocks in the same industry do better.
- CNRI is currently making a new 52 week low. This is a very bad signal. The S&P500 Index however is also trading in the lower part of its yearly range, so it may just be a bad time for stocks in general.
- In the last month CNRI has a been trading in the 0.40 - 0.55 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: CNRI has an average volume of 11836 traded shares per day. This is quite low and it might be dangerous to invest in illiquid stocks.
The technical rating of CNRI is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.40
3 important resistance areas can be observed.
- Resistance @0.54 from a trend line in the daily time frame.
- A resistance zone ranging from 0.55 to 0.55. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.66 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 CNRI.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for CNRI.CA is down. |
| ChartMill Relative Strength | 0.92 | NEGATIVE | CNRI.CA has a low relative strength, it was outperformed by 99.08% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of CNRI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of CNRI.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of CNRI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 28.75 | OVERSOLD | The low RSI value suggests CNRI.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests CNRI.CA has a negative trend. |
| Stochastics (14,3) | 30.28 | NEUTRAL | The Stochastics value for CNRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.88 | HIGH VOLATILITY | The high ATR as a percentage value for CNRI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 33.04 | POSITIVE | The high ADX value value for CNRI.CA suggests a strong trend. |
TSX-V:CNRI (1/30/2026, 7:00:00 PM)
0.4
-0.08 (-17.53%)
CANADIAN NORTH RESOURCES INC / CNRI.CA FAQ
Can you provide the ChartMill technical rating for CANADIAN NORTH RESOURCES INC?
ChartMill assigns a technical rating of 0 / 10 to CNRI.CA.
What is the current trend direction of CANADIAN NORTH RESOURCES INC (CNRI.CA) stock?
The current trend direction for CANADIAN NORTH RESOURCES INC (CNRI.CA) is Bearish.
What is the RSI signal for CNRI stock?
CANADIAN NORTH RESOURCES INC (CNRI.CA) has an RSI value of 28.747. This indicates that the stock is currently oversold.
What is the short term momentum for CANADIAN NORTH RESOURCES INC (CNRI.CA) stock?
The short term momentum for CANADIAN NORTH RESOURCES INC (CNRI.CA) is negative.
What is the buy/sell signal for CNRI stock?
The buy/sell signal for CANADIAN NORTH RESOURCES INC (CNRI.CA) is sell as both the short term and long term trends are negative.