EV NICKEL INC (EVNI.CA) Stock Technical Analysis
Canada - TSX Venture Exchange - TSX-V:EVNI - CA26928V1058 - Common Stock
Overall EVNI 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. 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 not perfect 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
We found 3 important support 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 @0.21 from a trend line in the daily time frame.
- A support zone ranging from 0.20 to 0.20. This zone is formed by a combination of multiple trend lines in multiple time frames.
We can see 4 important resistance areas.
- A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @0.27 from a trend line in the daily time frame.
- 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 | 7.83 | NEGATIVE | EVNI.CA has a low relative strength, it was outperformed by 92.17% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of EVNI.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of EVNI.CA is above a declining 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) | 51.57 | NEUTRAL | The RSI value for EVNI.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests EVNI.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 76.19 | NEUTRAL | The Stochastics value for EVNI.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 6.41 | HIGH VOLATILITY | The high ATR as a percentage value for EVNI.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 12.62 | NEGATIVE | The low ADX value for EVNI.CA suggests a weak or negative trend. |
TSX-V:EVNI (1/9/2026, 7:00:00 PM)
0.23
-0.03 (-11.54%)
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.
Can you provide the trend direction for EV NICKEL INC?
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 51.5674. This indicates that the stock is currently neutral.
Can you provide the short term momentum for EV NICKEL INC?
The short term momentum for EV NICKEL INC (EVNI.CA) is positive.
Can you provide the support and resistance levels for EV NICKEL INC?
EV NICKEL INC (EVNI.CA) has a support level at 0.22 and a resistance level at 0.24. Check the full technical report for our detailed analysis of EVNI.CA support and resistance levels.