IONIK CORP (INIK.CA) Stock Technical Analysis
TSX-V:INIK • CA4622211023
Taking everything into account, INIK scores 0 out of 10 in our technical rating. INIK scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
- The short term trend is neutral, while the long term trend is still negative. We need to see a little more continued positive action to make this really interesting.
- 97% of all other stocks performed better in the past year than INIK.
- INIK is one of the lesser performing stocks in the Media industry. 75% of 13 stocks in the same industry do better.
- INIK is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
- In the last month INIK has a been trading in the 0.06 - 0.07 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
The technical rating of INIK 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
0.06
We found 1 important resistance area.
- Resistance @0.13 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 INIK.CA is down. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for INIK.CA is neutral. |
| ChartMill Relative Strength | 3.78 | NEGATIVE | INIK.CA has a low relative strength, it was outperformed by 96.22% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of INIK.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of INIK.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of INIK.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 42.72 | NEUTRAL | The RSI value for INIK.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests INIK.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 77.78 | NEUTRAL | The Stochastics value for INIK.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 7.5 | HIGH VOLATILITY | The high ATR as a percentage value for INIK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.79 | NEGATIVE | The low ADX value for INIK.CA suggests a weak or negative trend. |
TSX-V:INIK (2/12/2026, 7:00:00 PM)
0.06
-0.01 (-14.29%)
IONIK CORP / INIK.CA FAQ
What is the technical rating for INIK stock?
ChartMill assigns a technical rating of 0 / 10 to INIK.CA.
What is the current trend direction of IONIK CORP (INIK.CA) stock?
The current trend direction for IONIK CORP (INIK.CA) is Bearish.
Can you provide the RSI signal for IONIK CORP?
IONIK CORP (INIK.CA) has an RSI value of 42.7191. This indicates that the stock is currently neutral.
Can you provide the MACD signal for IONIK CORP?
The MACD indicator for IONIK CORP (INIK.CA) has a value of 0.00114715, indicating a bearish trend.