NEVADA COPPER CORP (NCU.CA) Technical Analysis
TSX:NCU • CA64128F7039
Current stock price
NCU.CA Technical Rating and Analysis
Overall NCU gets a technical rating of 0 out of 10. NCU 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, NCU is a bad performer in the overall market: 100% of all stocks are doing better.
- NCU is one of the lesser performing stocks in the Metals & Mining industry. 93% of 804 stocks in the same industry do better.
- NCU is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so NCU is lagging the market.
- In the last month NCU has a been trading in the 0.01 - 0.12 range, which is quite wide. It is currently trading near the lows of this range.
- Prices have been falling strongly lately, it is better to avoid new long positions here.
- Volume is considerably higher in the last couple of days. In combination with the strong move down this is a bad signal.
NCU.CA Weekly and Daily overview Charts
NCU.CA Setup Rating and Analysis
The technical rating of NCU is bad and it also does not present a quality setup at the moment. Prices have been extended to the downside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
NCU.CA Support and Resistance Analysis
NCU.CA Technical Indicator Signal Analysis
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 NCU.CA is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NCU.CA is down. |
| ChartMill Relative Strength | 0.7 | NEGATIVE | NCU.CA has a low relative strength, it was outperformed by 99.3% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NCU.CA is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NCU.CA is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NCU.CA is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 13.26 | OVERSOLD | The low RSI value suggests NCU.CA may be oversold. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.01 | NEGATIVE | The MACD value suggests NCU.CA has a negative trend. |
| Stochastics (14,3) | 13.68 | OVERSOLD | The low Stochastics value suggests NCU.CA may be oversold. |
| Average True Range in percent/ATR (20) | 34.58 | HIGH VOLATILITY | The high ATR as a percentage value for NCU.CA suggests high volalility. |
| Average Directional Index/ADX (14) | 24.9 | NEUTRAL | The ADX value for NCU.CA suggests a possible start of a new trend. |
NCU.CA Chart- and CandleStick Pattern Analysis
NCU.CA Technicals: Chart, Performance Metrics, Trend & Indicators
TSX:NCU (6/7/2024, 7:00:00 PM)
0.03
0 (0%)
NEVADA COPPER CORP / NCU.CA TA FAQ
Can you provide the ChartMill technical rating for NEVADA COPPER CORP?
ChartMill assigns a technical rating of 0 / 10 to NCU.CA.
What is the current trend direction of NEVADA COPPER CORP (NCU.CA) stock?
The current trend direction for NEVADA COPPER CORP (NCU.CA) is Bearish.
What is the RSI signal for NCU stock?
NEVADA COPPER CORP (NCU.CA) has an RSI value of 13.2603. This indicates that the stock is currently oversold.
What is the buy/sell signal for NCU stock?
The buy/sell signal for NEVADA COPPER CORP (NCU.CA) is sell as both the short term and long term trends are negative.