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 negative, as is the long term trend. There should be more interesting stocks out there.
- When comparing the yearly performance of all stocks, INIK is a bad performer in the overall market: 97% of all stocks are doing better.
- INIK is one of the lesser performing stocks in the Media industry. 83% 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.
INIK has a poor technical rating and the quality of the setup is also not perfect at the moment. Prices have been consolidating lately.
More info and screens
0.06
When analyzing the resistance we notice 2 important areas.
- A resistance zone ranging from 0.07 to 0.07. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- 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 | DOWN | NEGATIVE | The short term trend for INIK.CA is down. |
| ChartMill Relative Strength | 3.15 | NEGATIVE | INIK.CA has a low relative strength, it was outperformed by 96.85% 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) | 44.53 | 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. |
| Stochastics (14,3) | 11.11 | OVERSOLD | The low Stochastics value suggests INIK.CA may be oversold. |
| Average True Range in percent/ATR (20) | 6.67 | HIGH VOLATILITY | The high ATR as a percentage value for INIK.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 15.35 | NEGATIVE | The low ADX value for INIK.CA suggests a weak or negative trend. |
TSX-V:INIK (2/20/2026, 7:00:00 PM)
0.06
+0 (+9.09%)
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 44.5336. 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 0.000402346, indicating a bearish trend.
Can you provide the buy/sell signal for IONIK CORP?
The buy/sell signal for IONIK CORP (INIK.CA) is sell as both the short term and long term trends are negative.