CANADIAN NORTH RESOURCES INC (CNRI.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:CNRI - CA1364271017 - Common Stock
We assign a technical rating of 0 out of 10 to CNRI. 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.
The technical rating of CNRI 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
0.52
6 important resistance areas can be observed.
- A resistance zone ranging from 0.54 to 0.54. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.86 from a trend line in the weekly time frame.
- Resistance @0.93 from a trend line in the weekly time frame.
- Resistance @0.98 from a trend line in the daily time frame.
- Resistance @1.02 from a horizontal line in the daily time frame.
- Resistance @1.10 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 | 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 | 3.53 | NEGATIVE | CNRI.CA has a low relative strength, it was outperformed by 96.47% 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) | 39.38 | NEUTRAL | The RSI value for CNRI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests CNRI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 25.95 | NEUTRAL | The Stochastics value for CNRI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 9.43 | HIGH VOLATILITY | The high ATR as a percentage value for CNRI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 31.61 | POSITIVE | The high ADX value value for CNRI.CA suggests a strong trend. |
TSX-V:CNRI (12/2/2025, 7:00:00 PM)
0.53
0 (0%)
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.
Can you provide the trend direction for CANADIAN NORTH RESOURCES INC?
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 39.3829. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CANADIAN NORTH RESOURCES INC?
The short term momentum for CANADIAN NORTH RESOURCES INC (CNRI.CA) is negative.
What are the support and resistance levels for CANADIAN NORTH RESOURCES INC (CNRI.CA) stock?
CANADIAN NORTH RESOURCES INC (CNRI.CA) has a resistance level at 0.54. Check the full technical report for our detailed analysis of CNRI.CA support and resistance levels.