EV NICKEL INC (EVNI.CA) Stock Technical Analysis
Canada - TSX-V:EVNI - CA26928V1058 - Common Stock
Taking everything into account, EVNI scores 3 out of 10 in our technical rating. Recently some decent action could be observed, but in the medium term time frame this is still negative. EVNI was also a bad performer in the overall market in the last year.
EVNI has a poor technical rating and the quality of the setup is also only medium 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
0.20
When analyzing the support we can see 2 important areas.
- A support zone ranging from 0.22 to 0.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @0.20 from a trend line in the daily time frame.
When analyzing the resistance we notice 3 important areas.
- A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.29 from a trend line in the daily time frame.
- Resistance @0.30 from a horizontal 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 EVNI.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for EVNI.CA is up. |
| ChartMill Relative Strength | 10.66 | NEGATIVE | EVNI.CA has a low relative strength, it was outperformed by 89.34% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of EVNI.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of EVNI.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of EVNI.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 50.38 | NEUTRAL | The RSI value for EVNI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests EVNI.CA has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 72.22 | NEUTRAL | The Stochastics value for EVNI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 5.43 | HIGH VOLATILITY | The high ATR as a percentage value for EVNI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.08 | NEUTRAL | The ADX value for EVNI.CA suggests a possible start of a new trend. |
TSX-V:EVNI (11/6/2025, 7:00:00 PM)
0.23
0 (0%)
EV NICKEL INC / EVNI.CA FAQ
What is the ChartMill technical rating of EV NICKEL INC (EVNI.CA) stock?
ChartMill assigns a technical rating of 3 / 10 to EVNI.CA.
What is the trend direction for EVNI stock?
The current trend direction for EV NICKEL INC (EVNI.CA) is Bearish.
What is the RSI signal for EVNI stock?
EV NICKEL INC (EVNI.CA) has an RSI value of 50.3841. This indicates that the stock is currently neutral.
What is the MACD signal for EV NICKEL INC (EVNI.CA) stock?
The MACD indicator for EV NICKEL INC (EVNI.CA) has a value of -0.0013689, indicating a bearish trend.